Canada vs Korea: Insurance business written by class of insurance — Net written
Canada
13,618 Euro
in 2018
Korea
34,701 Euro
in 2023
Canada rank
3rd
Korea rank
1st
Insurance business written by class of insurance — Net written over time
- Canada
- Korea
How they compare
Korea currently reports 34,701 Euro against 13,618 Euro in Canada, a difference of 21,083 Euro.
That makes Korea's figure about 2.5 times Canada's.
The two have swapped places 2 times across 21 shared years of data; in 1994 it was Korea ahead.
Canada ranks 3rd and Korea ranks 1st of 40 countries.
Across the 3 decades both report, Canada averaged higher in 2 and Korea in 1.
Head to head by decade
| Decade | Canada | Korea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 3,767 Euro | 2,669 Euro | 1,098 Euro | Canada |
| 2000s | 13,256 Euro | 4,126 Euro | 9,130 Euro | Canada |
| 2010s | 11,457 Euro | 19,634 Euro | 8,177 Euro | Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance business written by class of insurance — net written, Canada or Korea?
- Korea, at 34,701 Euro against 13,618 Euro in Canada as of 2023.
- What is the difference in insurance business written by class of insurance — net written between Canada and Korea?
- 21,083 Euro, with Korea ahead.
- How many years of comparable data are there for Canada and Korea?
- 21 years are reported by both, from 1994 to 2018.
- How do Canada and Korea rank globally for insurance business written by class of insurance — net written?
- Canada ranks 3rd and Korea ranks 1st of 40 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Insurance business written by class of insurance — Net 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.