Colombia vs Czechia: Insurance indicators — Penetration

Colombia
3.29 Percentage of GDP
in 2024
Czechia
2.56 Percentage of GDP
in 2024
Colombia rank
31st
Czechia rank
34th

Insurance indicators — Penetration over time

  • Colombia
  • Czechia
01234199320082024

How they compare

Colombia currently reports 3.29 Percentage of GDP against 2.56 Percentage of GDP in Czechia, a difference of 0.73 Percentage of GDP.

That makes Colombia's figure about 1.3 times Czechia's.

The two have swapped places 1 time across 16 shared years of data; in 2009 it was Czechia ahead.

Colombia ranks 31st and Czechia ranks 34th of 52 countries.

Across the 3 decades both report, Colombia averaged higher in 1 and Czechia in 2.

Head to head by decade

Decade Colombia Czechia Difference Ahead
2000s 2.28 Percentage of GDP 3.62 Percentage of GDP 1.34 Percentage of GDP Czechia
2010s 2.6 Percentage of GDP 3.29 Percentage of GDP 0.6909 Percentage of GDP Czechia
2020s 3.15 Percentage of GDP 2.67 Percentage of GDP 0.4742 Percentage of GDP Colombia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance indicators — penetration, Colombia or Czechia?
Colombia, at 3.29 Percentage of GDP against 2.56 Percentage of GDP in Czechia as of 2024.
What is the difference in insurance indicators — penetration between Colombia and Czechia?
0.73 Percentage of GDP, with Colombia ahead.
How many years of comparable data are there for Colombia and Czechia?
16 years are reported by both, from 2009 to 2024.
How do Colombia and Czechia rank globally for insurance indicators — penetration?
Colombia ranks 31st and Czechia ranks 34th 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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Colombia vs Czechia: Insurance indicators — Penetration. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 20 August 2026, from https://reference.statizoid.com/compare/insurance-indicators-penetration/colombia/czechia/

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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.