Hong Kong vs South Africa: Life insurance premium volume to GDP

Hong Kong
19.4%
in 2020
South Africa
10.8%
in 2019
Hong Kong rank
1st
South Africa rank
4th

Life insurance premium volume to GDP over time

  • Hong Kong
  • South Africa
05101520199220062020

How they compare

Hong Kong currently reports 19.4% against 10.8% in South Africa, a difference of 8.6%.

That makes Hong Kong's figure about 1.8 times South Africa's.

The two have swapped places 1 time across 25 shared years of data; in 1994 it was South Africa ahead.

Hong Kong ranks 1st and South Africa ranks 4th of 162 countries.

Across the 3 decades both report, Hong Kong averaged higher in 1 and South Africa in 2.

Head to head by decade

Decade Hong Kong South Africa Difference Ahead
1990s 2.4% 11.6% 9.2% South Africa
2000s 7.3% 12.0% 4.8% South Africa
2010s 13.4% 10.1% 3.3% Hong Kong

Averages of every year both report within each decade.

Frequently asked questions

Which has higher life insurance premium volume to gdp, Hong Kong or South Africa?
Hong Kong, at 19.4% against 10.8% in South Africa as of 2020.
What is the difference in life insurance premium volume to gdp between Hong Kong and South Africa?
8.6%, with Hong Kong ahead.
How many years of comparable data are there for Hong Kong and South Africa?
25 years are reported by both, from 1994 to 2019.
How do Hong Kong and South Africa rank globally for life insurance premium volume to gdp?
Hong Kong ranks 1st 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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Hong Kong vs South Africa: Life insurance premium volume to GDP. Statizoid, drawing on Sigma Reports, Swiss Re. Retrieved 17 September 2026, from https://financial-sector.statizoid.com/compare/life-insurance-premium-volume-to-gdp-percent/hong-kong-sar-china/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.