Korea vs Sweden: Life insurance premium volume to GDP (%)

Korea
6.2%
in 2020
Sweden
5.8%
in 2019
Korea rank
9th
Sweden rank
10th

Life insurance premium volume to GDP (%) over time

  • Korea
  • Sweden
246810199020052020

How they compare

Korea currently reports 6.2% against 5.8% in Sweden, a difference of 0.4%.

That makes 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 Korea ahead.

Korea ranks 9th and Sweden ranks 10th of 162 countries.

Korea has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Korea Sweden Difference Ahead
1990s 8.1% 3.2% 4.9% Korea
2000s 6.6% 4.7% 1.9% Korea
2010s 6.5% 5.3% 1.2% Korea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher life insurance premium volume to gdp, Korea or Sweden?
Korea, at 6.2% against 5.8% in Sweden as of 2020.
What is the difference in life insurance premium volume to gdp between Korea and Sweden?
0.4%, with Korea ahead.
How many years of comparable data are there for Korea and Sweden?
27 years are reported by both, from 1993 to 2019.
How do Korea and Sweden rank globally for life insurance premium volume to gdp?
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.

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Korea vs Sweden: Life insurance premium volume to GDP. Statizoid, drawing on Sigma Reports, Swiss Re. Retrieved 09 November 2026, from https://financial-sector.statizoid.com/compare/life-insurance-premium-volume-to-gdp-percent/korea-rep/sweden/

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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.