Republic of Korea vs Sweden: Life insurance premium volume to GDP
Republic of Korea
6.2%
in 2020
Sweden
5.8%
in 2019
Republic of Korea rank
9th
Sweden rank
10th
Life insurance premium volume to GDP over time
- Republic of Korea
- Sweden
How they compare
Republic of Korea currently reports 6.2% against 5.8% in Sweden, a difference of 0.4%.
That makes Republic of Korea's figure about 1.1 times Sweden's.
The two have swapped places 2 times across 27 shared years of data; in 1993 it was Republic of Korea ahead.
Republic of Korea ranks 9th and Sweden ranks 10th of 162 countries.
Republic of Korea has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Republic of Korea | Sweden | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 8.1% | 3.2% | 4.9% | Republic of Korea |
| 2000s | 6.6% | 4.7% | 1.9% | Republic of Korea |
| 2010s | 6.5% | 5.3% | 1.2% | 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 Sweden?
- Republic of Korea, at 6.2% against 5.8% in Sweden as of 2020.
- What is the difference in life insurance premium volume to gdp between Republic of Korea and Sweden?
- 0.4%, with Republic of Korea ahead.
- How many years of comparable data are there for Republic of Korea and Sweden?
- 27 years are reported by both, from 1993 to 2019.
- How do Republic of Korea and Sweden rank globally for life insurance premium volume to gdp?
- Republic of Korea ranks 9th and Sweden ranks 10th 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.