Korea vs Luxembourg: Non-life insurance premium volume to GDP
Korea
4.6%
in 2020
Luxembourg
4.8%
in 2020
Korea rank
3rd
Luxembourg rank
2nd
Non-life insurance premium volume to GDP over time
- Korea
- Luxembourg
How they compare
Luxembourg currently reports 4.8% against 4.6% in Korea, a difference of 0.2%.
The two have swapped places 6 times across 31 shared years of data; in 1990 it was Luxembourg ahead.
Korea ranks 3rd and Luxembourg ranks 2nd of 167 countries.
Across the 4 decades both report, Korea averaged higher in 2 and Luxembourg in 2.
Head to head by decade
| Decade | Korea | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 2.3% | 2.5% | 0.1% | Luxembourg |
| 2000s | 2.7% | 2.6% | 0.1% | Korea |
| 2010s | 4.4% | 1.6% | 2.8% | Korea |
| 2020s | 4.6% | 4.8% | 0.2% | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher non-life insurance premium volume to gdp, Korea or Luxembourg?
- Luxembourg, at 4.8% against 4.6% in Korea as of 2020.
- What is the difference in non-life insurance premium volume to gdp between Korea and Luxembourg?
- 0.2%, with Luxembourg ahead.
- How many years of comparable data are there for Korea and Luxembourg?
- 31 years are reported by both, from 1990 to 2020.
- How do Korea and Luxembourg rank globally for non-life insurance premium volume to gdp?
- Korea ranks 3rd and Luxembourg ranks 2nd of 167 countries.
- Where does this data come from?
- Sigma Reports, Swiss Re, published as Non-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.