South Korea - Gross Premium Income of Non-life Insurance
Since 2014, South Korea Gross Premium Income of Non-Life Insurance increased 4.2% year on year. With $70.8 Billion in 2019, the country was ranked number 7 comparing other countries in Gross Premium Income of Non-Life Insurance. South Korea is overtaken by France, which was ranked number 6 at $83.6 Billion and is followed by Canada at $65 Billion. United States lead the ranking with $815 Billion in 2019, that is +1.2% compared to 2018. China, Germany and Japan respectively ranked number 2, 3 and 4 in this ranking. China witnessed the best average annual growth at +8.2% per year, while Russia witnessed the worst performance at -16.5% per year.
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| Date | Billion US Dollars |
|---|---|
| 2019 | 70.80 |
| 2018 | 69.20 |
| 2017 | 67.50 |
| 2016 | 66.70 |
| 2015 | 63.70 |
Download all data from 2010 to 2019
How does South Korea rank in Gross Premium Income of Non-Life Insurance?
| # | 20 Countries | Billion US Dollars | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
815.00 | 2019 | +1.2 % | +2.0 % | View data | |
| 2 |
#2
China
|
224.60 | 2019 | +4.5 % | +8.2 % | View data | |
| 6 |
#6
France
|
83.60 | 2019 | -0.7 % | -2.5 % | View data | |
| 7 |
#7
South Korea
|
70.80 | 2019 | +2.3 % | +4.2 % | View data | |
| 8 |
#8
Canada
|
65.00 | 2019 | -0.1 % | -2.1 % | View data | |