United States - Life Insurance Penetration
Since 2014, United States Life Insurance Penetration was down by 0.9points year on year. In 2019, the country was ranked number 12 comparing other countries in Life Insurance Penetration at 2.87 Percent. Taiwan lead the ranking with 16.74 Percent in 2019, a growth of 0.8points versus 2018. South Africa, South Korea and United Kingdom respectively ranked number 2, 3 and 4 in this ranking. China witnessed the best average annual growth at +6.9points per year, while Japan witnessed the worst performance at -3.5points per year.
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| Date | Percent |
|---|---|
| 2019 | 2.87 |
| 2018 | 2.92 |
| 2017 | 2.97 |
| 2016 | 3.02 |
| 2015 | 3.10 |
Download all data from 2012 to 2019
How does United States rank in Life Insurance Penetration?
| # | 19 Countries | Percent | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Taiwan
|
16.74 % | 2019 | +0.8 % | +1.4 % | View data | |
| 2 |
#2
South Africa
|
11.52 % | 2016 | -4.0 % | -3.2 % | View data | |
| 10 |
#10
Malaysia
|
3.23 % | 2019 | +0.3 % | +0.8 % | View data | |
| 12 |
#12
United States
|
2.87 % | 2019 | -1.7 % | -0.9 % | View data | |
| 13 |
#13
Germany
|
2.73 % | 2019 | -0.7 % | -2.5 % | View data | |