Austria vs India: Insurance indicators — Penetration
Insurance indicators — Penetration over time
- Austria
- India
How they compare
Austria currently reports 4.39 Percentage of GDP against 4.18 Percentage of GDP in India, a difference of 0.21 Percentage of GDP.
Across all 6 years both countries report, Austria has been ahead every year.
Austria ranks 24th and India ranks 25th of 52 countries.
Austria has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Austria | India | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 4.85 Percentage of GDP | 3.64 Percentage of GDP | 1.21 Percentage of GDP | Austria |
| 2020s | 4.68 Percentage of GDP | 4.18 Percentage of GDP | 0.498 Percentage of GDP | Austria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance indicators — penetration, Austria or India?
- Austria, at 4.39 Percentage of GDP against 4.18 Percentage of GDP in India as of 2024.
- What is the difference in insurance indicators — penetration between Austria and India?
- 0.21 Percentage of GDP, with Austria ahead.
- How many years of comparable data are there for Austria and India?
- 6 years are reported by both, from 2011 to 2020.
- How do Austria and India rank globally for insurance indicators — penetration?
- Austria ranks 24th and India ranks 25th 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.