Brazil vs Colombia: Insurance indicators — Penetration
Insurance indicators — Penetration over time
- Brazil
- Colombia
How they compare
Brazil currently reports 3.44 Percentage of GDP against 3.29 Percentage of GDP in Colombia, a difference of 0.15 Percentage of GDP.
Across all 14 years both countries report, Brazil has been ahead every year.
Brazil ranks 29th and Colombia ranks 31st of 52 countries.
Brazil has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Brazil | Colombia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 2.98 Percentage of GDP | 2.64 Percentage of GDP | 0.3418 Percentage of GDP | Brazil |
| 2020s | 3.28 Percentage of GDP | 3.15 Percentage of GDP | 0.1326 Percentage of GDP | Brazil |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance indicators — penetration, Brazil or Colombia?
- Brazil, at 3.44 Percentage of GDP against 3.29 Percentage of GDP in Colombia as of 2024.
- What is the difference in insurance indicators — penetration between Brazil and Colombia?
- 0.15 Percentage of GDP, with Brazil ahead.
- How many years of comparable data are there for Brazil and Colombia?
- 14 years are reported by both, from 2011 to 2024.
- How do Brazil and Colombia rank globally for insurance indicators — penetration?
- Brazil ranks 29th and Colombia ranks 31st 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.