Korea vs Namibia: Life insurance premium volume to GDP (%)
Korea
6.2%
in 2020
Namibia
5.5%
in 2020
Korea rank
9th
Namibia rank
11th
Life insurance premium volume to GDP (%) over time
- Korea
- Namibia
How they compare
Korea currently reports 6.2% against 5.5% in Namibia, a difference of 0.7%.
That makes Korea's figure about 1.1 times Namibia's.
The two have swapped places 4 times across 24 shared years of data; in 1997 it was Korea ahead.
Korea ranks 9th and Namibia ranks 11th of 162 countries.
Korea has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Korea | Namibia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 8.5% | 2.5% | 6.0% | Korea |
| 2000s | 6.6% | 5.3% | 1.2% | Korea |
| 2010s | 6.5% | 5.4% | 1.1% | Korea |
| 2020s | 6.2% | 5.5% | 0.7% | Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher life insurance premium volume to gdp, Korea or Namibia?
- Korea, at 6.2% against 5.5% in Namibia as of 2020.
- What is the difference in life insurance premium volume to gdp between Korea and Namibia?
- 0.7%, with Korea ahead.
- How many years of comparable data are there for Korea and Namibia?
- 24 years are reported by both, from 1997 to 2020.
- How do Korea and Namibia rank globally for life insurance premium volume to gdp?
- Korea ranks 9th and Namibia ranks 11th 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.