Sri Lanka - Life Insurance Penetration
Since 2014, Sri Lanka Life Insurance Penetration jumped by 0.8points year on year. In 2019, the country was number 18 among other countries in Life Insurance Penetration with 0.52 Percent. Sri Lanka is overtaken by Pakistan, which was ranked number 17 at 0.64 Percent and is followed by Russia at 0.27 Percent. Taiwan ranked the highest with 16.74 Percent in 2019, that is +0.8points versus 2018. South Africa, South Korea and United Kingdom respectively ranked number 2, 3 and 4 in this ranking. China witnessed the best average annual growth at +6.9points per year, while Japan witnessed the worst performance at -3.5points per year.
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| Date | Percent |
|---|---|
| 2019 | 0.52 |
| 2018 | 0.52 |
| 2017 | 0.52 |
| 2016 | 0.52 |
| 2015 | 0.50 |
Download all data from 2012 to 2019
How does Sri Lanka rank in Life Insurance Penetration?
| # | 19 Countries | Percent | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Taiwan
|
16.74 % | 2019 | +0.8 % | +1.4 % | View data | |
| 2 |
#2
South Africa
|
11.52 % | 2016 | -4.0 % | -3.2 % | View data | |
| 17 |
#17
Pakistan
|
0.64 % | 2019 | +1.6 % | +5.1 % | View data | |
| 18 |
#18
Sri Lanka
|
0.52 % | 2019 | +0.0 % | +0.8 % | View data | |
| 19 |
#19
Russia
|
0.27 % | 2019 | +3.9 % | +6.2 % | View data | |