India - Insurance Penetration
Since 2014, India Insurance Penetration jumped by 0.1points year on year. At 3.32 Percent in 2019, the country was number 16 among other countries in Insurance Penetration. India is overtaken by Brazil, which was number 15 with 4.08 Percent and is followed by Russia at 1.41 Percent. Taiwan lead the ranking with 20.1 Percent in 2019, that is an increase of 0.7points versus 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 +5.7points per year, while Japan witnessed the worst performance at -2.6points per year.
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| Date | Percent |
|---|---|
| 2019 | 3.32 |
| 2018 | 3.36 |
| 2017 | 3.41 |
| 2016 | 3.49 |
| 2015 | 3.40 |
Download all data from 2012 to 2019
How does India 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 | |
| 15 |
#15
Brazil
|
4.08 % | 2019 | +0.7 % | +0.9 % | View data | |
| 16 |
#16
India
|
3.32 % | 2019 | -1.2 % | +0.1 % | View data | |
| 17 |
#17
Russia
|
1.41 % | 2019 | +0.7 % | +0.1 % | View data | |