South Korea - Total Gross Insurance Premiums

Since 2014, South Korea Total Gross Insurance Premiums grew 1.3% year on year. In 2019, the country was ranked number 6 comparing other countries in Total Gross Insurance Premiums at $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 with $162,942.94 Million. United States lead the ranking with $2,772,049.95 Million in 2019, an increase of 5.3% versus 2018. United Kingdom, Japan and France respectively ranked number 2, 3 and 4 in this ranking. Netherlands recorded the best 5 years average 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
Compare all 55 countries

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