Hong Kong, China vs South Africa: Insurance indicators — Penetration
Insurance indicators — Penetration over time
- Hong Kong, China
- South Africa
How they compare
Hong Kong, China currently reports 18.53 Percentage of GDP against 12.66 Percentage of GDP in South Africa, a difference of 5.87 Percentage of GDP.
That makes Hong Kong, China's figure about 1.5 times South Africa's.
The two have swapped places 1 time across 10 shared years of data; in 2010 it was South Africa ahead.
Hong Kong, China ranks 2nd and South Africa ranks 4th of 52 countries.
Hong Kong, China has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Hong Kong, China | South Africa | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 13.67 Percentage of GDP | 12.79 Percentage of GDP | 0.8757 Percentage of GDP | Hong Kong, China |
| 2020s | 19.9 Percentage of GDP | 11.13 Percentage of GDP | 8.77 Percentage of GDP | Hong Kong, China |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance indicators — penetration, Hong Kong, China or South Africa?
- Hong Kong, China, at 18.53 Percentage of GDP against 12.66 Percentage of GDP in South Africa as of 2024.
- What is the difference in insurance indicators — penetration between Hong Kong, China and South Africa?
- 5.87 Percentage of GDP, with Hong Kong, China ahead.
- How many years of comparable data are there for Hong Kong, China and South Africa?
- 10 years are reported by both, from 2010 to 2023.
- How do Hong Kong, China and South Africa rank globally for insurance indicators — penetration?
- Hong Kong, China ranks 2nd and South Africa ranks 4th of 52 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Insurance indicators — Penetration. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
This dataset includes key indicators on the insurance industry, such as insurance penetration (gross written premiums as a percentage of GDP), insurance density (gross written premiums in USD per capita), the share of life and non-life insurance in the total insurance business (life and non-life gross written premiums as a percentage of gross premiums), the retention ratio (net written premiums as a percentage of gross premiums) and the reinsurance share (reinsurance accepted as a percentage of gross premiums). This dataset also shows the domestic market share of foreign-controlled undertakings and branches/agencies in each reporting jurisdiction, and the geographical distribution of premiums written within the OECD.