Chile vs Portugal: Insurance indicators — Penetration

Chile
4.43 Percentage of GDP
in 2024
Portugal
4.66 Percentage of GDP
in 2024
Chile rank
23rd
Portugal rank
20th

Insurance indicators — Penetration over time

  • Chile
  • Portugal
2468198320032024

How they compare

Portugal currently reports 4.66 Percentage of GDP against 4.43 Percentage of GDP in Chile, a difference of 0.23 Percentage of GDP.

That makes Portugal's figure about 1.1 times Chile's.

The two have swapped places 2 times across 17 shared years of data; in 2006 it was Portugal ahead.

Chile ranks 23rd and Portugal ranks 20th of 52 countries.

Portugal has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Chile Portugal Difference Ahead
2000s 3.36 Percentage of GDP 7.76 Percentage of GDP 4.41 Percentage of GDP Portugal
2010s 4.38 Percentage of GDP 6.47 Percentage of GDP 2.09 Percentage of GDP Portugal
2020s 4.2 Percentage of GDP 4.71 Percentage of GDP 0.503 Percentage of GDP Portugal

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance indicators — penetration, Chile or Portugal?
Portugal, at 4.66 Percentage of GDP against 4.43 Percentage of GDP in Chile as of 2024.
What is the difference in insurance indicators — penetration between Chile and Portugal?
0.23 Percentage of GDP, with Portugal ahead.
How many years of comparable data are there for Chile and Portugal?
17 years are reported by both, from 2006 to 2024.
How do Chile and Portugal rank globally for insurance indicators — penetration?
Chile ranks 23rd and Portugal ranks 20th 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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Chile vs Portugal: 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/chile/portugal/

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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.