Denmark vs Korea: Life insurance premium volume to GDP (%)

Denmark
8.3%
in 2020
Korea
6.2%
in 2020
Denmark rank
6th
Korea rank
9th

Life insurance premium volume to GDP (%) over time

  • Denmark
  • Korea
246810199020052020

How they compare

Denmark currently reports 8.3% against 6.2% in Korea, a difference of 2.1%.

That makes Denmark's figure about 1.3 times Korea's.

The two have swapped places 5 times across 28 shared years of data; in 1993 it was Korea ahead.

Denmark ranks 6th and Korea ranks 9th of 162 countries.

Across the 4 decades both report, Denmark averaged higher in 2 and Korea in 2.

Head to head by decade

Decade Denmark Korea Difference Ahead
1990s 3.6% 8.1% 4.4% Korea
2000s 5.7% 6.6% 0.8% 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 Korea?
Denmark, at 8.3% against 6.2% in Korea as of 2020.
What is the difference in life insurance premium volume to gdp between Denmark and Korea?
2.1%, with Denmark ahead.
How many years of comparable data are there for Denmark and Korea?
28 years are reported by both, from 1993 to 2020.
How do Denmark and Korea rank globally for life insurance premium volume to gdp?
Denmark ranks 6th and 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.

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Denmark vs Korea: Life insurance premium volume to GDP. Statizoid, drawing on Sigma Reports, Swiss Re. Retrieved 09 November 2026, from https://financial-sector.statizoid.com/compare/life-insurance-premium-volume-to-gdp-percent/denmark/korea-rep/

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About this data

Indicator
Life insurance premium volume to GDP (%)
Unit
%
Source
Sigma Reports, Swiss Re
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
162 places, 4,020 data points, 1990–2020
Last refreshed

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.