Korea vs Spain: Insurance business written by class of insurance — Net written
Korea
34,701 Euro
in 2023
Spain
12,757 Euro
in 2024
Korea rank
1st
Spain rank
4th
Insurance business written by class of insurance — Net written over time
- Korea
- Spain
How they compare
Korea currently reports 34,701 Euro against 12,757 Euro in Spain, a difference of 21,944 Euro.
That makes Korea's figure about 2.7 times Spain's.
The two have swapped places 3 times across 25 shared years of data; in 1994 it was Spain ahead.
Korea ranks 1st and Spain ranks 4th of 3 groups.
Across the 4 decades both report, Korea averaged higher in 2 and Spain in 2.
Head to head by decade
| Decade | Korea | Spain | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 2,669 Euro | 2,709 Euro | 39.53 Euro | Spain |
| 2000s | 4,126 Euro | 4,687 Euro | 561.59 Euro | Spain |
| 2010s | 19,634 Euro | 7,959 Euro | 11,675 Euro | Korea |
| 2020s | 31,676 Euro | 11,021 Euro | 20,655 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, Korea or Spain?
- Korea, at 34,701 Euro against 12,757 Euro in Spain as of 2023.
- What is the difference in insurance business written by class of insurance — net written between Korea and Spain?
- 21,944 Euro, with Korea ahead.
- How many years of comparable data are there for Korea and Spain?
- 25 years are reported by both, from 1994 to 2023.
- How do Korea and Spain rank globally for insurance business written by class of insurance — net written?
- Korea ranks 1st and Spain ranks 4th of 3 groups.
- 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.