South Africa vs Taiwan: Life insurance premium volume to GDP (%)
South Africa
10.8%
in 2019
Taiwan
13.6%
in 2020
South Africa rank
4th
Taiwan rank
2nd
Life insurance premium volume to GDP (%) over time
- South Africa
- Taiwan
How they compare
Taiwan currently reports 13.6% against 10.8% in South Africa, a difference of 2.8%.
That makes Taiwan's figure about 1.3 times South Africa's.
The two have swapped places 3 times across 25 shared years of data; in 1994 it was South Africa ahead.
South Africa ranks 4th and Taiwan ranks 2nd of 162 countries.
Across the 3 decades both report, South Africa averaged higher in 2 and Taiwan in 1.
Head to head by decade
| Decade | South Africa | Taiwan | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 11.6% | 4.1% | 7.5% | South Africa |
| 2000s | 12.0% | 9.5% | 2.5% | South Africa |
| 2010s | 10.1% | 15.0% | 4.9% | Taiwan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher life insurance premium volume to gdp, South Africa or Taiwan?
- Taiwan, at 13.6% against 10.8% in South Africa as of 2020.
- What is the difference in life insurance premium volume to gdp between South Africa and Taiwan?
- 2.8%, with Taiwan ahead.
- How many years of comparable data are there for South Africa and Taiwan?
- 25 years are reported by both, from 1994 to 2019.
- How do South Africa and Taiwan rank globally for life insurance premium volume to gdp?
- South Africa ranks 4th 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.