Based on a comparison of 55 countries in 2013, Denmark ranked the highest in insurance premium as a percentage of GDP with 67.2% followed by Luxembourg and Ireland. On the other end of the scale was Costa Rica with 0.111%, Honduras with 0.228% and Uruguay with 0.292%.
Data for more countries are available at Total Insurance Premium (As % of GDP) indicator page.
Total Insurance Premium (As % of GDP) | Unit | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 |
Belgium | % | 9.11% | 8.22% | 8.14% | 8.10% | 7.73% | ||||||||||||||||
Denmark | % | 8.91% | 9.22% | 9.36% | 9.52% | 9.91% | ||||||||||||||||
France | % | 11.7% | 9.52% | ... | ... | 9.40% | ||||||||||||||||
Germany | % | 8.15% | 8.06% | 7.23% | 7.06% | 6.81% | ||||||||||||||||
Hong Kong | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 11.3% | 11.8% | 11.8% | ||
Ireland | % | ... | 23.5% | 31.8% | 20.0% | 20.7% | 18.7% | |||||||||||||||
Italy | % | 6.67% | 6.00% | 5.21% | 5.30% | 5.10% | ||||||||||||||||
Japan | % | 8.07% | 8.83% | 9.36% | 9.08% | 9.62% | ... | |||||||||||||||
Luxembourg | % | ... | 31.1% | 28.9% | 45.8% | 52.5% | 32.4% | |||||||||||||||
Portugal | % | ... | 7.79% | 8.59% | 8.09% | 8.82% | 6.38% | ... | ||||||||||||||
South Africa | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 13.4% | 13.4% | ||
South Korea | % | ... | 10.7% | 10.6% | 11.0% | 11.1% | 11.5% | |||||||||||||||
Switzerland | % | 9.53% | 10.3% | 10.6% | 10.6% | 10.3% | ||||||||||||||||
USA | % | 13.8% | 13.9% | 14.1% | 13.6% | 13.9% | ||||||||||||||||
United Kingdom | % | 21.8% | 16.3% | 14.8% | 13.5% | 13.1% |