Australia vs Czechia: Insurance indicators — Penetration
Insurance indicators — Penetration over time
- Australia
- Czechia
How they compare
Australia currently reports 3.03 Percentage of GDP against 2.56 Percentage of GDP in Czechia, a difference of 0.47 Percentage of GDP.
That makes Australia's figure about 1.2 times Czechia's.
Across all 32 years both countries report, Australia has been ahead every year.
Australia ranks 32nd and Czechia ranks 34th of 52 countries.
Australia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Australia | Czechia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 6.79 Percentage of GDP | 2.53 Percentage of GDP | 4.26 Percentage of GDP | Australia |
| 2000s | 6.33 Percentage of GDP | 3.42 Percentage of GDP | 2.91 Percentage of GDP | Australia |
| 2010s | 4.86 Percentage of GDP | 3.29 Percentage of GDP | 1.57 Percentage of GDP | Australia |
| 2020s | 3.13 Percentage of GDP | 2.67 Percentage of GDP | 0.4618 Percentage of GDP | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance indicators — penetration, Australia or Czechia?
- Australia, at 3.03 Percentage of GDP against 2.56 Percentage of GDP in Czechia as of 2024.
- What is the difference in insurance indicators — penetration between Australia and Czechia?
- 0.47 Percentage of GDP, with Australia ahead.
- How many years of comparable data are there for Australia and Czechia?
- 32 years are reported by both, from 1993 to 2024.
- How do Australia and Czechia rank globally for insurance indicators — penetration?
- Australia ranks 32nd and Czechia ranks 34th 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.
Individual pages
About this data
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.