Canada vs Germany: Insurance indicators — Penetration
Insurance indicators — Penetration over time
- Canada
- Germany
How they compare
Canada currently reports 6.96 Percentage of GDP against 5.91 Percentage of GDP in Germany, a difference of 1.05 Percentage of GDP.
That makes Canada's figure about 1.2 times Germany's.
The two have swapped places 4 times across 38 shared years of data; in 1984 it was Canada ahead.
Canada ranks 15th and Germany ranks 18th of 52 countries.
Across the 5 decades both report, Canada averaged higher in 3 and Germany in 2.
Head to head by decade
| Decade | Canada | Germany | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 5.13 Percentage of GDP | 4.19 Percentage of GDP | 0.9443 Percentage of GDP | Canada |
| 1990s | 4.69 Percentage of GDP | 6.04 Percentage of GDP | 1.35 Percentage of GDP | Germany |
| 2000s | 7.14 Percentage of GDP | 6.6 Percentage of GDP | 0.5381 Percentage of GDP | Canada |
| 2010s | 4.74 Percentage of GDP | 6.33 Percentage of GDP | 1.59 Percentage of GDP | Germany |
| 2020s | 6.56 Percentage of GDP | 6.12 Percentage of GDP | 0.4444 Percentage of GDP | Canada |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance indicators — penetration, Canada or Germany?
- Canada, at 6.96 Percentage of GDP against 5.91 Percentage of GDP in Germany as of 2024.
- What is the difference in insurance indicators — penetration between Canada and Germany?
- 1.05 Percentage of GDP, with Canada ahead.
- How many years of comparable data are there for Canada and Germany?
- 38 years are reported by both, from 1984 to 2024.
- How do Canada and Germany rank globally for insurance indicators — penetration?
- Canada ranks 15th and Germany ranks 18th 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.