How Business Insurance Generates to the Economy?

Total Insurance Premium (As % of GDP) (%), 2013 or latest
Insurance | February 22, 2018
$2.99
Excel Sheet

Based on a comparison of 55 countries in 2013, Denmark ranked the highest in insurance premium as a percentage of GDP with 67.2% followed by Luxembourg and Ireland. On the other end of the scale was Costa Rica with 0.111%, Honduras with 0.228% and Uruguay with 0.292%.

Data for more countries are available at Total Insurance Premium (As % of GDP) indicator page.

Total Insurance Premium (As % of GDP) Unit 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
Belgium % 9.11% 8.22% 8.14% 8.10% 7.73%
Denmark % 8.91% 9.22% 9.36% 9.52% 9.91%
France % 11.7% 9.52% ... ... 9.40%
Germany % 8.15% 8.06% 7.23% 7.06% 6.81%
Hong Kong % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 11.3% 11.8% 11.8%
Ireland % ... 23.5% 31.8% 20.0% 20.7% 18.7%
Italy % 6.67% 6.00% 5.21% 5.30% 5.10%
Japan % 8.07% 8.83% 9.36% 9.08% 9.62% ...
Luxembourg % ... 31.1% 28.9% 45.8% 52.5% 32.4%
Portugal % ... 7.79% 8.59% 8.09% 8.82% 6.38% ...
South Africa % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 13.4% 13.4%
South Korea % ... 10.7% 10.6% 11.0% 11.1% 11.5%
Switzerland % 9.53% 10.3% 10.6% 10.6% 10.3%
USA % 13.8% 13.9% 14.1% 13.6% 13.9%
United Kingdom % 21.8% 16.3% 14.8% 13.5% 13.1%