South Korea - Total Gross Insurance Premiums
Since 2014, South Korea Total Gross Insurance Premiums increased 1.3% year on year. In 2019, the country was ranked number 6 comparing other countries in Total Gross Insurance Premiums with $199,783.73 Million. South Korea is overtaken by Germany, which was ranked number 5 with $334,434.27 Million and is followed by Italy at $162,942.94 Million. United States ranked the highest with $2,772,049.95 Million in 2019, an increase of 5.3% compared to 2018. United Kingdom, Japan and France respectively ranked number 2, 3 and 4 in this ranking. Netherlands witnessed the best average annual growth at +12.5% per year, while Finland was the worst growing country at -14.6% per year.
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| Date | Million US Dollars |
|---|---|
| 2019 | 199,783.73 |
| 2018 | 192,809.63 |
| 2017 | 189,587.47 |
| 2016 | 185,646.26 |
| 2015 | 183,641.96 |
Download all data from 1994 to 2019
How does South Korea rank in Total Gross Insurance Premiums?
| # | 55 Countries | Million US Dollars | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
2,772,049.95 | 2019 | +5.3 % | +2.7 % | View data | |
| 2 |
#2
United Kingdom
|
457,685.41 | 2019 | -2.4 % | +4.6 % | View data | |
| 5 |
#5
Germany
|
334,434.27 | 2019 | -0.4 % | -0.3 % | View data | |
| 6 |
#6
South Korea
|
199,783.73 | 2019 | +3.6 % | +1.3 % | View data | |
| 7 |
#7
Italy
|
162,942.94 | 2019 | -0.5 % | -3.4 % | View data | |