This statistic shows the expenditure on private life insurance as a percentage of GDP in South Korea from 2008 to 2017. In 2017, the share of life insurance spend amounted to 6.6 percent of GDP in South Korea.
Expenditure on private life insurance as a share of GDP in South Korea from 2008 to 2017
Characteristic
Llife insurance expenditure share of GDP
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Life insurance in South Korea was categorized into private life insurance (by private companies), Korea Post life insurance, and NongHyup and SuHyup life insurances till 2011. Since 2012, NongHyup became a private company and NongHyup life insurance was transferred into private life insurance.
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KLIA. (July 25, 2018). Expenditure on private life insurance as a share of GDP in South Korea from 2008 to 2017 [Graph]. In Statista. Retrieved September 15, 2024, from https://www.statista.com/statistics/899237/south-korea-life-insurance-expenditure-share-of-gdp/
KLIA. "Expenditure on private life insurance as a share of GDP in South Korea from 2008 to 2017." Chart. July 25, 2018. Statista. Accessed September 15, 2024. https://www.statista.com/statistics/899237/south-korea-life-insurance-expenditure-share-of-gdp/
KLIA. (2018). Expenditure on private life insurance as a share of GDP in South Korea from 2008 to 2017. Statista. Statista Inc.. Accessed: September 15, 2024. https://www.statista.com/statistics/899237/south-korea-life-insurance-expenditure-share-of-gdp/
KLIA. "Expenditure on Private Life Insurance as a Share of Gdp in South Korea from 2008 to 2017." Statista, Statista Inc., 25 Jul 2018, https://www.statista.com/statistics/899237/south-korea-life-insurance-expenditure-share-of-gdp/
KLIA, Expenditure on private life insurance as a share of GDP in South Korea from 2008 to 2017 Statista, https://www.statista.com/statistics/899237/south-korea-life-insurance-expenditure-share-of-gdp/ (last visited September 15, 2024)
Expenditure on private life insurance as a share of GDP in South Korea from 2008 to 2017 [Graph], KLIA, July 25, 2018. [Online]. Available: https://www.statista.com/statistics/899237/south-korea-life-insurance-expenditure-share-of-gdp/
