Australia - Primary Insurance Penetration
Since 2014, Australia Primary Insurance Penetration was up 1.3points year on year. At 6.4 Percent in 2019, the country was ranked number 13 among other countries in Primary Insurance Penetration. Australia is overtaken by Ireland, which was ranked number 12 at 6.9 Percent and is followed by Sweden at 6.3 Percent. Taiwan topped the ranking with 20.1 Percent in 2019, that is a growth of 0.5points compared to 2018. South Africa, South Korea and Netherlands respectively ranked number 2, 3 and 4 in this ranking. China recorded the best 5 years average growth at +5.1points per year, while Japan was the worst growing country at -2.1points per year.
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| Date | Percent |
|---|---|
| 2019 | 6.40 |
| 2018 | 6.40 |
| 2017 | 6.30 |
| 2016 | 6.50 |
| 2015 | 5.70 |
Download all data from 2010 to 2019
How does Australia rank in Primary Insurance Penetration?
| # | 19 Countries | Percent | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Taiwan
|
20.10 % | 2019 | +0.5 % | +1.2 % | View data | |
| 2 |
#2
South Africa
|
14.30 % | 2019 | +0.0 % | +0.4 % | View data | |
| 12 |
#12
Ireland
|
6.90 % | 2019 | -2.8 % | -1.6 % | View data | |
| 13 |
#13
Australia
|
6.40 % | 2019 | +0.0 % | +1.3 % | View data | |
| 14 |
#14
Sweden
|
6.30 % | 2019 | -3.1 % | -1.5 % | View data | |