Germany vs Korea: Insurance business written by class of insurance — Gross written
Germany
68,305 Euro
in 2024
Korea
36,830 Euro
in 2023
Germany rank
2nd
Korea rank
1st
Insurance business written by class of insurance — Gross written over time
- Germany
- Korea
How they compare
Germany currently reports 68,305 Euro against 36,830 Euro in Korea, a difference of 31,475 Euro.
That makes Germany's figure about 1.9 times Korea's.
Across all 27 years both countries report, Germany has been ahead every year.
Germany ranks 2nd and Korea ranks 1st of 44 countries.
Germany has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Germany | Korea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 24,931 Euro | 2,892 Euro | 22,039 Euro | Germany |
| 2000s | 37,382 Euro | 5,196 Euro | 32,186 Euro | Germany |
| 2010s | 49,232 Euro | 21,423 Euro | 27,809 Euro | Germany |
| 2020s | 62,237 Euro | 34,720 Euro | 27,517 Euro | Germany |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance business written by class of insurance — gross written, Germany or Korea?
- Germany, at 68,305 Euro against 36,830 Euro in Korea as of 2024.
- What is the difference in insurance business written by class of insurance — gross written between Germany and Korea?
- 31,475 Euro, with Germany ahead.
- How many years of comparable data are there for Germany and Korea?
- 27 years are reported by both, from 1994 to 2023.
- How do Germany and Korea rank globally for insurance business written by class of insurance — gross written?
- Germany ranks 2nd and Korea ranks 1st of 44 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Insurance business written by class of insurance — Gross written premiums. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
This dataset covers the breakdown of premiums by insurance class for life and non-life insurance.