Denmark vs South Africa: Life insurance premium volume to GDP

Denmark
8.3%
in 2020
South Africa
10.8%
in 2019
Denmark rank
6th
South Africa rank
4th

Life insurance premium volume to GDP over time

  • Denmark
  • South Africa
051015199020052020

How they compare

South Africa currently reports 10.8% against 8.3% in Denmark, a difference of 2.5%.

That makes South Africa's figure about 1.3 times Denmark's.

Across all 25 years both countries report, South Africa has been ahead every year.

Denmark ranks 6th and South Africa ranks 4th of 162 countries.

South Africa has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Denmark South Africa Difference Ahead
1990s 3.7% 11.6% 7.9% South Africa
2000s 5.7% 12.0% 6.3% South Africa
2010s 7.1% 10.1% 3.0% South Africa

Averages of every year both report within each decade.

Frequently asked questions

Which has higher life insurance premium volume to gdp, Denmark or South Africa?
South Africa, at 10.8% against 8.3% in Denmark as of 2019.
What is the difference in life insurance premium volume to gdp between Denmark and South Africa?
2.5%, with South Africa ahead.
How many years of comparable data are there for Denmark and South Africa?
25 years are reported by both, from 1994 to 2019.
How do Denmark and South Africa rank globally for life insurance premium volume to gdp?
Denmark ranks 6th and South Africa ranks 4th 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 South Africa: Life insurance premium volume to GDP. Statizoid, drawing on Sigma Reports, Swiss Re. Retrieved 12 September 2026, from https://financial-sector.statizoid.com/compare/life-insurance-premium-volume-to-gdp-percent/denmark/south-africa/

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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.