Belgium vs Italy: Insurance indicators — Penetration
Insurance indicators — Penetration over time
- Belgium
- Italy
How they compare
Belgium currently reports 7.55 Percentage of GDP against 6.93 Percentage of GDP in Italy, a difference of 0.62 Percentage of GDP.
That makes Belgium's figure about 1.1 times Italy's.
The two have swapped places 2 times across 42 shared years of data; in 1983 it was Belgium ahead.
Belgium ranks 14th and Italy ranks 16th of 52 countries.
Across the 5 decades both report, Belgium averaged higher in 3 and Italy in 2.
Head to head by decade
| Decade | Belgium | Italy | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 4.26 Percentage of GDP | 2.14 Percentage of GDP | 2.12 Percentage of GDP | Belgium |
| 1990s | 5.32 Percentage of GDP | 3.55 Percentage of GDP | 1.77 Percentage of GDP | Belgium |
| 2000s | 8.65 Percentage of GDP | 6.64 Percentage of GDP | 2.01 Percentage of GDP | Belgium |
| 2010s | 6.83 Percentage of GDP | 7.64 Percentage of GDP | 0.8094 Percentage of GDP | Italy |
| 2020s | 6.59 Percentage of GDP | 7.02 Percentage of GDP | 0.4216 Percentage of GDP | Italy |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance indicators — penetration, Belgium or Italy?
- Belgium, at 7.55 Percentage of GDP against 6.93 Percentage of GDP in Italy as of 2024.
- What is the difference in insurance indicators — penetration between Belgium and Italy?
- 0.62 Percentage of GDP, with Belgium ahead.
- How many years of comparable data are there for Belgium and Italy?
- 42 years are reported by both, from 1983 to 2024.
- How do Belgium and Italy rank globally for insurance indicators — penetration?
- Belgium ranks 14th and Italy ranks 16th 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.