Switzerland - Life Insurance Penetration
Since 2014, Switzerland Life Insurance Penetration fell by 1.6points year on year. With 4.7 Percent in 2019, the country was number 8 among other countries in Life Insurance Penetration. Switzerland is overtaken by Singapore, which was number 7 at 5.76 Percent and is followed by Thailand with 3.89 Percent. Taiwan lead the ranking with 16.74 Percent in 2019, that is +0.8points compared to 2018. South Africa, South Korea and United Kingdom respectively ranked number 2, 3 and 4 in this ranking. China recorded the best 5 years average growth at +6.9points per year, while Japan recorded the worst performance at -3.5points per year.
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| Date | Percent |
|---|---|
| 2019 | 4.70 |
| 2018 | 4.74 |
| 2017 | 4.79 |
| 2016 | 4.72 |
| 2015 | 5.10 |
Download all data from 2012 to 2019
How does Switzerland 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 | |
| 7 |
#7
Singapore
|
5.76 % | 2019 | +1.6 % | +2.9 % | View data | |
| 8 |
#8
Switzerland
|
4.70 % | 2019 | -0.8 % | -1.6 % | View data | |
| 9 |
#9
Thailand
|
3.89 % | 2019 | +1.3 % | +1.6 % | View data | |