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