Switzerland - Total Insurance Expenditure
Since 2014, Switzerland Total Insurance Expenditure was down by 1.7points year on year. In 2019, the country was number 12 among other countries in Total Insurance Expenditure with 8.33 Percent of GDP. Switzerland is overtaken by Sweden, which was ranked number 11 at 8.6 Percent of GDP and is followed by Italy at 7.79 Percent of GDP. Luxembourg lead the ranking with 35.37 Percent of GDP in 2019, an increase of 2.4points versus 2018. South Africa, United Kingdom and Ireland respectively ranked number 2, 3 and 4 in this ranking. Slovakia recorded the best 5 years average growth at +12.4points per year, while Finland was the worst growing country at -14.3points per year.
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| Date | Percent of GDP |
|---|---|
| 2019 | 8.33 |
| 2018 | 8.38 |
| 2017 | 8.55 |
| 2016 | 8.71 |
| 2015 | 9.04 |
Download all data from 1983 to 2019
How does Switzerland rank in Total Insurance Expenditure?
| # | 54 Countries | Percent of GDP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Luxembourg
|
35.37 % | 2019 | +2.4 % | -3.9 % | View data | |
| 2 |
#2
South Africa
|
14.22 % | 2019 | +0.3 % | -0.2 % | View data | |
| 11 |
#11
Sweden
|
8.60 % | 2019 | +0.6 % | +0.8 % | View data | |
| 12 |
#12
Switzerland
|
8.33 % | 2019 | -0.6 % | -1.7 % | View data | |
| 13 |
#13
Italy
|
7.79 % | 2019 | +1.5 % | -2.4 % | View data | |