Hong Kong vs Taiwan: Life insurance premium volume to GDP (%)
Hong Kong
19.4%
in 2020
Taiwan
13.6%
in 2020
Hong Kong rank
1st
Taiwan rank
2nd
Life insurance premium volume to GDP (%) over time
- Hong Kong
- Taiwan
How they compare
Hong Kong currently reports 19.4% against 13.6% in Taiwan, a difference of 5.8%.
That makes Hong Kong's figure about 1.4 times Taiwan's.
The two have swapped places 3 times across 29 shared years of data; in 1992 it was Taiwan ahead.
Hong Kong ranks 1st and Taiwan ranks 2nd of 162 countries.
Across the 4 decades both report, Hong Kong averaged higher in 1 and Taiwan in 3.
Head to head by decade
| Decade | Hong Kong | Taiwan | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 2.2% | 3.9% | 1.7% | Taiwan |
| 2000s | 7.3% | 9.5% | 2.3% | Taiwan |
| 2010s | 13.7% | 15.2% | 1.5% | Taiwan |
| 2020s | 19.4% | 13.6% | 5.7% | 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 Taiwan?
- Hong Kong, at 19.4% against 13.6% in Taiwan as of 2020.
- What is the difference in life insurance premium volume to gdp between Hong Kong and Taiwan?
- 5.8%, with Hong Kong ahead.
- How many years of comparable data are there for Hong Kong and Taiwan?
- 29 years are reported by both, from 1992 to 2020.
- How do Hong Kong and Taiwan rank globally for life insurance premium volume to gdp?
- Hong Kong ranks 1st and Taiwan ranks 2nd 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.