Switzerland - Insurance Penetration
Since 2014, Switzerland Insurance Penetration decreased by 0.9points year on year. In 2019, the country was ranked number 7 comparing other countries in Insurance Penetration at 8.78 Percent. Switzerland is overtaken by France, which was number 6 with 9.32 Percent and is followed by Singapore at 7.45 Percent. Taiwan lead the ranking with 20.1 Percent in 2019, that is a growth of 0.7points 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 +5.7points per year, while Japan recorded the worst performance at -2.6points per year.
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| Date | Percent |
|---|---|
| 2019 | 8.78 |
| 2018 | 8.84 |
| 2017 | 8.89 |
| 2016 | 8.85 |
| 2015 | 9.20 |
Download all data from 2012 to 2019
How does Switzerland rank in Insurance Penetration?
| # | 19 Countries | Percent | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Taiwan
|
20.10 % | 2019 | +0.7 % | +1.2 % | View data | |
| 2 |
#2
South Africa
|
14.27 % | 2016 | -2.9 % | -2.5 % | View data | |
| 6 |
#6
France
|
9.32 % | 2019 | +0.2 % | +0.5 % | View data | |
| 7 |
#7
Switzerland
|
8.78 % | 2019 | -0.7 % | -0.9 % | View data | |
| 8 |
#8
Singapore
|
7.45 % | 2019 | +1.2 % | +2.1 % | View data | |