Turkey - Total Insurance Expenditure

Since 2014, Turkey Total Insurance Expenditure was up 2.1points year on year. In 2019, the country was number 50 comparing other countries in Total Insurance Expenditure at 1.39 Percent of GDP. Turkey is overtaken by Russia, which was ranked number 49 at 1.45 Percent of GDP and is followed by Sri Lanka at 1.3 Percent of GDP. Luxembourg topped 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 witnessed the best average annual growth at +12.4points per year, while Finland witnessed the worst performance at -14.3points per year.

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Date Percent of GDP
2019 1.39
2018 1.34
2017 1.44
2016 1.50
2015 1.33
Download all data from 1983 to 2019

How does Turkey 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
49 #49
Russia
1.45 % 2019 -0.1 % +2.9 % View data
50 #50
Turkey
1.39 % 2019 +3.3 % +2.1 % View data
51 #51
Sri Lanka
1.30 % 2019 +2.1 % +7.1 % View data
Compare all 54 countries

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