Bolivia, Plurinational State of vs Ecuador: Insurance indicators β€” Penetration

Bolivia, Plurinational State of
1.63 Percentage of GDP
in 2024
Ecuador
1.86 Percentage of GDP
in 2024
Bolivia, Plurinational State of rank
48th
Ecuador rank
46th

Insurance indicators β€” Penetration over time

  • Bolivia, Plurinational State of
  • Ecuador
00.511.522.5201220182024

How they compare

Ecuador currently reports 1.86 Percentage of GDP against 1.63 Percentage of GDP in Bolivia, Plurinational State of, a difference of 0.23 Percentage of GDP.

That makes Ecuador's figure about 1.1 times Bolivia, Plurinational State of's.

Across all 6 years both countries report, Ecuador has been ahead every year.

Bolivia, Plurinational State of ranks 48th and Ecuador ranks 46th of 52 countries.

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

Head to head by decade

Decade Bolivia, Plurinational State of Ecuador Difference Ahead
2010s 1.34 Percentage of GDP 1.74 Percentage of GDP 0.4018 Percentage of GDP Ecuador
2020s 1.57 Percentage of GDP 1.73 Percentage of GDP 0.16 Percentage of GDP Ecuador

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance indicators β€” penetration, Bolivia, Plurinational State of or Ecuador?
Ecuador, at 1.86 Percentage of GDP against 1.63 Percentage of GDP in Bolivia, Plurinational State of as of 2024.
What is the difference in insurance indicators β€” penetration between Bolivia, Plurinational State of and Ecuador?
0.23 Percentage of GDP, with Ecuador ahead.
How many years of comparable data are there for Bolivia, Plurinational State of and Ecuador?
6 years are reported by both, from 2016 to 2024.
How do Bolivia, Plurinational State of and Ecuador rank globally for insurance indicators β€” penetration?
Bolivia, Plurinational State of ranks 48th and Ecuador ranks 46th of 52 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Insurance indicators β€” Penetration. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Bolivia, Plurinational State of vs Ecuador: Insurance indicators β€” Penetration. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 19 August 2026, from https://reference.statizoid.com/compare/insurance-indicators-penetration/bolivia/ecuador/

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About this data

Indicator
Insurance indicators β€” 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

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.