Germany vs Korea: Insurance business written by class of insurance — Net written
Germany
64,846 Euro
in 2024
Korea
34,701 Euro
in 2023
Germany rank
2nd
Korea rank
1st
Insurance business written by class of insurance — Net written over time
- Germany
- Korea
How they compare
Germany currently reports 64,846 Euro against 34,701 Euro in Korea, a difference of 30,145 Euro.
That makes Germany's figure about 1.9 times Korea's.
Across all 25 years both countries report, Germany has been ahead every year.
Germany ranks 2nd and Korea ranks 1st of 40 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 | 23,232 Euro | 2,669 Euro | 20,563 Euro | Germany |
| 2000s | 34,534 Euro | 4,126 Euro | 30,408 Euro | Germany |
| 2010s | 47,596 Euro | 19,634 Euro | 27,962 Euro | Germany |
| 2020s | 58,876 Euro | 31,676 Euro | 27,200 Euro | Germany |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance business written by class of insurance — net written, Germany or Korea?
- Germany, at 64,846 Euro against 34,701 Euro in Korea as of 2024.
- What is the difference in insurance business written by class of insurance — net written between Germany and Korea?
- 30,145 Euro, with Germany ahead.
- How many years of comparable data are there for Germany and Korea?
- 25 years are reported by both, from 1994 to 2023.
- How do Germany and Korea rank globally for insurance business written by class of insurance — net written?
- Germany ranks 2nd 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.