Colombia vs Finland: Insurance indicators — Penetration
Insurance indicators — Penetration over time
- Colombia
- Finland
How they compare
Finland currently reports 3.51 Percentage of GDP against 3.29 Percentage of GDP in Colombia, a difference of 0.22 Percentage of GDP.
That makes Finland's figure about 1.1 times Colombia's.
The two have swapped places 2 times across 16 shared years of data; in 2009 it was Finland ahead.
Colombia ranks 31st and Finland ranks 28th of 52 countries.
Across the 3 decades both report, Colombia averaged higher in 1 and Finland in 2.
Head to head by decade
| Decade | Colombia | Finland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 2.28 Percentage of GDP | 3.68 Percentage of GDP | 1.4 Percentage of GDP | Finland |
| 2010s | 2.6 Percentage of GDP | 3.91 Percentage of GDP | 1.31 Percentage of GDP | Finland |
| 2020s | 3.15 Percentage of GDP | 2.42 Percentage of GDP | 0.7284 Percentage of GDP | Colombia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance indicators — penetration, Colombia or Finland?
- Finland, at 3.51 Percentage of GDP against 3.29 Percentage of GDP in Colombia as of 2024.
- What is the difference in insurance indicators — penetration between Colombia and Finland?
- 0.22 Percentage of GDP, with Finland ahead.
- How many years of comparable data are there for Colombia and Finland?
- 16 years are reported by both, from 2009 to 2024.
- How do Colombia and Finland rank globally for insurance indicators — penetration?
- Colombia ranks 31st and Finland ranks 28th 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.