South Korea - Primary Insurance Penetration

Since 2014, South Korea Primary Insurance Penetration rose 1.2points year on year. At 12 Percent in 2019, the country was number 3 comparing other countries in Primary Insurance Penetration. South Korea is overtaken by South Africa, which was ranked number 2 at 14.3 Percent and is followed by Netherlands at 10 Percent. Taiwan topped the ranking with 20.1 Percent in 2019, an increase of 0.5points versus 2018. China recorded the best 5 years average growth at +5.1points per year, while Japan witnessed the worst performance at -2.1points per year.

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Date Percent
2019 12.00
2018 12.00
2017 11.90
2016 12.10
2015 11.40
Download all data from 2010 to 2019

How does South Korea rank in Primary Insurance Penetration?

# 19 Countries Percent Last YoY 5‑years CAGR
1 #1
Taiwan
20.10 % 2019 +0.5 % +1.2 % View data
2 #2
South Africa
14.30 % 2019 +0.0 % +0.4 % View data
3 #3
South Korea
12.00 % 2019 +0.0 % +1.2 % View data
4 #4
Netherlands
10.00 % 2019 -2.0 % -1.9 % View data
5 #5
Japan
9.70 % 2019 -1.0 % -2.1 % View data
Compare all 19 countries

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