Brazil vs Uruguay: Insurance indicators — Penetration

Brazil
3.44 Percentage of GDP
in 2024
Uruguay
3.57 Percentage of GDP
in 2024
Brazil rank
29th
Uruguay rank
27th

Insurance indicators — Penetration over time

  • Brazil
  • Uruguay
01234201120172024

How they compare

Uruguay currently reports 3.57 Percentage of GDP against 3.44 Percentage of GDP in Brazil, a difference of 0.13 Percentage of GDP.

The two have swapped places 1 time across 13 shared years of data; in 2011 it was Brazil ahead.

Brazil ranks 29th and Uruguay ranks 27th of 52 countries.

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

Head to head by decade

Decade Brazil Uruguay Difference Ahead
2010s 2.94 Percentage of GDP 2.13 Percentage of GDP 0.8085 Percentage of GDP Brazil
2020s 3.28 Percentage of GDP 2.93 Percentage of GDP 0.3524 Percentage of GDP Brazil

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance indicators — penetration, Brazil or Uruguay?
Uruguay, at 3.57 Percentage of GDP against 3.44 Percentage of GDP in Brazil as of 2024.
What is the difference in insurance indicators — penetration between Brazil and Uruguay?
0.13 Percentage of GDP, with Uruguay ahead.
How many years of comparable data are there for Brazil and Uruguay?
13 years are reported by both, from 2011 to 2024.
How do Brazil and Uruguay rank globally for insurance indicators — penetration?
Brazil ranks 29th and Uruguay ranks 27th 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.

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Brazil vs Uruguay: Insurance indicators — Penetration. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 19 August 2026, from https://reference.statizoid.com/compare/insurance-indicators-penetration/brazil/uruguay/

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About this data

Indicator
Insurance indicators — 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.