What is the difference in insurance indicators — penetration between Argentina and Panama?

0.01 Percentage of GDP, with Panama ahead.

How many years of comparable data are there for Argentina and Panama?

8 years are reported by both, from 2012 to 2024.

Where does this data come from?

Organisation for Economic Co-operation and Development, published as Insurance indicators — Penetration. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Argentina vs Panama: Insurance indicators — Penetration

Argentina

2.23 Percentage of GDP

in 2024

Panama

2.24 Percentage of GDP

in 2024

Argentina rank

41st

Panama rank

40th

Insurance indicators — Penetration over time

Argentina
Panama

How they compare

Panama currently reports 2.24 Percentage of GDP against 2.23 Percentage of GDP in Argentina, a difference of 0.01 Percentage of GDP.

Across all 8 years both countries report, Panama has been ahead every year.

Argentina ranks 41st and Panama ranks 40th of 52 countries.

Panama has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade	Argentina	Panama	Difference	Ahead
2010s	2.25 Percentage of GDP	2.48 Percentage of GDP	0.2353 Percentage of GDP	Panama
2020s	2.2 Percentage of GDP	2.35 Percentage of GDP	0.1462 Percentage of GDP	Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance indicators — penetration, Argentina or Panama?: Panama, at 2.24 Percentage of GDP against 2.23 Percentage of GDP in Argentina as of 2024.
What is the difference in insurance indicators — penetration between Argentina and Panama?: 0.01 Percentage of GDP, with Panama ahead.
How many years of comparable data are there for Argentina and Panama?: 8 years are reported by both, from 2012 to 2024.
How do Argentina and Panama rank globally for insurance indicators — penetration?: Argentina ranks 41st and Panama ranks 40th of 52 countries.
Where does this data come from?: Organisation for Economic Co-operation and Development, published as Insurance indicators — Penetration. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Argentina vs Panama: Insurance indicators — Penetration. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 20 August 2026, from https://reference.statizoid.com/compare/insurance-indicators-penetration/argentina/panama/

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About this data

Indicator: Insurance indicators — Penetration
Unit: Percentage of GDP
Source: Organisation for Economic Co-operation and Development
Licence: OECD Terms and Conditions (attribution required)
Coverage: 62 places, 1,565 data points, 1983–2024
Last refreshed: 18 August 2026

This dataset includes key indicators on the insurance industry, such as insurance penetration (gross written premiums as a percentage of GDP), insurance density (gross written premiums in USD per capita), the share of life and non-life insurance in the total insurance business (life and non-life gross written premiums as a percentage of gross premiums), the retention ratio (net written premiums as a percentage of gross premiums) and the reinsurance share (reinsurance accepted as a percentage of gross premiums). This dataset also shows the domestic market share of foreign-controlled undertakings and branches/agencies in each reporting jurisdiction, and the geographical distribution of premiums written within the OECD.