Total Insurance Expenditure
This key economic indicator for the Insurance sector has been recently updated.
- In 2019, Total Insurance Expenditure in Ireland grew 4points from a year earlier.
- Since 2014 United Kingdom Total Insurance Expenditure rose 3.5points year on year attaining 12.78 Percent of GDP.
- In 2019 United States was ranked number 5 in Total Insurance Expenditure.
- In 2018 Honduras was number 35 in Total Insurance Expenditure totalising 2.63 Percent of GDP, from 54 in 2017.
Top Countries 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 |
| 3 |
#3
United Kingdom
|
12.78 % | 2019 | -2.7 % | +3.5 % | View data |
| 4 |
#4
Ireland
|
12.69 % | 2019 | +4.0 % | -8.6 % | View data |
| 5 |
#5
United States
|
11.32 % | 2019 | +0.5 % | +0.8 % | View data |
| 6 |
#6
Denmark
|
11.16 % | 2019 | +0.4 % | +1.4 % | View data |
| 7 |
#7
France
|
10.77 % | 2019 | +1.2 % | +3.2 % | View data |
| 8 |
#8
South Korea
|
10.75 % | 2019 | +2.3 % | -2.1 % | View data |
| 9 |
#9
Netherlands
|
9.60 % | 2019 | +2.8 % | +12.3 % | View data |
| 10 |
#10
Singapore
|
9.41 % | 2019 | +3.0 % | +3.7 % | 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 |
| 14 |
#14
Japan
|
7.70 % | 2019 | -0.8 % | +2.4 % | View data |
| 15 |
#15
Germany
|
6.36 % | 2019 | -0.6 % | -0.5 % | View data |
| 16 |
#16
Belgium
|
5.91 % | 2019 | -3.1 % | -3.1 % | View data |
| 17 |
#17
Portugal
|
5.67 % | 2019 | -3.0 % | -6.3 % | View data |
| 18 |
#18
Slovakia
|
5.21 % | 2019 | +4.0 % | +12.4 % | View data |
| 19 |
#19
Norway
|
5.14 % | 2019 | +1.5 % | -0.6 % | View data |
| 19 |
#19
Spain
|
5.14 % | 2019 | +0.7 % | -0.0 % | View data |
| 21 |
#21
Israel
|
4.98 % | 2019 | -0.6 % | +1.4 % | View data |
| 22 |
#22
Chile
|
4.74 % | 2019 | +1.9 % | +2.5 % | View data |
| 23 |
#23
Slovenia
|
4.63 % | 2019 | -1.1 % | -1.3 % | View data |
| 24 |
#24
Malaysia
|
4.43 % | 2019 | +0.7 % | -1.6 % | View data |
| 25 |
#25
Austria
|
4.42 % | 2019 | -0.7 % | -2.9 % | View data |
| 26 |
#26
Canada
|
4.37 % | 2019 | -2.9 % | +0.5 % | View data |
| 27 |
#27
Australia
|
4.13 % | 2019 | +0.0 % | -7.1 % | View data |
| 28 |
#28
Estonia
|
3.65 % | 2019 | +2.8 % | +3.1 % | View data |
| 29 |
#29
India
|
3.58 % | 2017 | +0.1 % | NA | View data |
| 30 |
#30
Brazil
|
3.20 % | 2019 | +3.7 % | +2.4 % | View data |
| 31 |
#31
Poland
|
2.84 % | 2019 | +0.4 % | -2.1 % | View data |
| 32 |
#32
Colombia
|
2.83 % | 2019 | +2.1 % | +2.5 % | View data |
| 33 |
#33
Czech Republic
|
2.79 % | 2019 | -1.0 % | -5.0 % | View data |
| 34 |
#34
Uruguay
|
2.74 % | 2019 | +2.1 % | +3.8 % | View data |
| 35 |
#35
Honduras
|
2.63 % | 2018 | NA | +5.8 % | View data |
| 36 |
#36
Latvia
|
2.57 % | 2019 | -0.7 % | +3.3 % | View data |
| 37 |
#37
Iceland
|
2.44 % | 2019 | -1.4 % | +0.0 % | View data |
| 38 |
#38
New Zealand
|
2.44 % | 2019 | -0.1 % | -1.7 % | View data |
| 39 |
#39
Argentina
|
2.40 % | 2019 | +3.7 % | +0.2 % | View data |
| 40 |
#40
Finland
|
2.34 % | 2019 | +25.9 % | -14.3 % | View data |
| 41 |
#41
Hungary
|
2.33 % | 2019 | -1.2 % | -1.6 % | View data |
| 42 |
#42
Mexico
|
2.32 % | 2019 | +1.9 % | +2.6 % | View data |
| 43 |
#43
Costa Rica
|
2.24 % | 2019 | +1.2 % | -0.3 % | View data |
| 44 |
#44
Greece
|
2.03 % | 2019 | -0.3 % | -0.7 % | View data |
| 45 |
#45
Lithuania
|
1.95 % | 2019 | +0.4 % | +3.5 % | View data |
| 46 |
#46
Indonesia
|
1.83 % | 2019 | +2.2 % | +3.1 % | View data |
| 47 |
#47
Peru
|
1.73 % | 2019 | -0.5 % | -0.5 % | View data |
| 48 |
#48
Nicaragua
|
1.69 % | 2019 | +0.3 % | +2.5 % | 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 |
| 52 |
#52
Bolivia
|
1.29 % | 2018 | +1.7 % | NA | View data |
| 53 |
#53
Guatemala
|
1.19 % | 2019 | +0.5 % | -0.9 % | View data |
| 54 |
#54
Paraguay
|
1.05 % | 2019 | +1.0 % | NA | View data |
Source: OECD