Austria vs Malaysia: Insurance indicators — Penetration
Insurance indicators — Penetration over time
- Austria
- Malaysia
How they compare
Malaysia currently reports 4.63 Percentage of GDP against 4.39 Percentage of GDP in Austria, a difference of 0.24 Percentage of GDP.
That makes Malaysia's figure about 1.1 times Austria's.
The two have swapped places 1 time across 15 shared years of data; in 2009 it was Austria ahead.
Austria ranks 24th and Malaysia ranks 21st of 52 countries.
Across the 3 decades both report, Austria averaged higher in 2 and Malaysia in 1.
Head to head by decade
| Decade | Austria | Malaysia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 5.71 Percentage of GDP | 4.26 Percentage of GDP | 1.46 Percentage of GDP | Austria |
| 2010s | 4.99 Percentage of GDP | 4.63 Percentage of GDP | 0.3609 Percentage of GDP | Austria |
| 2020s | 4.44 Percentage of GDP | 4.71 Percentage of GDP | 0.2738 Percentage of GDP | Malaysia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance indicators — penetration, Austria or Malaysia?
- Malaysia, at 4.63 Percentage of GDP against 4.39 Percentage of GDP in Austria as of 2023.
- What is the difference in insurance indicators — penetration between Austria and Malaysia?
- 0.24 Percentage of GDP, with Malaysia ahead.
- How many years of comparable data are there for Austria and Malaysia?
- 15 years are reported by both, from 2009 to 2023.
- How do Austria and Malaysia rank globally for insurance indicators — penetration?
- Austria ranks 24th and Malaysia ranks 21st 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.