South Korea - Primary Insurance Penetration
Since 2014, South Korea Primary Insurance Penetration was up 1.2points year on year. With 12 Percent in 2019, the country was ranked number 3 among other countries in Primary Insurance Penetration. South Korea is overtaken by South Africa, which was number 2 at 14.3 Percent and is followed by Netherlands with 10 Percent. Taiwan lead the ranking with 20.1 Percent in 2019, an increase of 0.5points versus 2018. China witnessed the best average annual 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 |