Denmark vs Republic of Korea: Life insurance premium volume to GDP
Denmark
8.3%
in 2020
Republic of Korea
6.2%
in 2020
Denmark rank
6th
Republic of Korea rank
9th
Life insurance premium volume to GDP over time
- Denmark
- Republic of Korea
How they compare
Denmark currently reports 8.3% against 6.2% in Republic of Korea, a difference of 2.1%.
That makes Denmark's figure about 1.3 times Republic of Korea's.
The two have swapped places 5 times across 28 shared years of data; in 1993 it was Republic of Korea ahead.
Denmark ranks 6th and Republic of Korea ranks 9th of 162 countries.
Across the 4 decades both report, Denmark averaged higher in 2 and Republic of Korea in 2.
Head to head by decade
| Decade | Denmark | Republic of Korea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 3.6% | 8.1% | 4.4% | Republic of Korea |
| 2000s | 5.7% | 6.6% | 0.8% | Republic of Korea |
| 2010s | 7.2% | 6.5% | 0.7% | Denmark |
| 2020s | 8.3% | 6.2% | 2.1% | Denmark |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher life insurance premium volume to gdp, Denmark or Republic of Korea?
- Denmark, at 8.3% against 6.2% in Republic of Korea as of 2020.
- What is the difference in life insurance premium volume to gdp between Denmark and Republic of Korea?
- 2.1%, with Denmark ahead.
- How many years of comparable data are there for Denmark and Republic of Korea?
- 28 years are reported by both, from 1993 to 2020.
- How do Denmark and Republic of Korea rank globally for life insurance premium volume to gdp?
- Denmark ranks 6th and Republic of Korea ranks 9th of 162 countries.
- Where does this data come from?
- Sigma Reports, Swiss Re, published as Life insurance premium volume to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Premium data is taken from various issues of Sigma reports (Swiss Re). Data on GDP in US dollars is from the electronic version of the World Development Indicators.