What is the difference in insurance indicators — penetration between Croatia and Hong Kong?

16.24 Percentage of GDP, with Hong Kong ahead.

How many years of comparable data are there for Croatia and Hong Kong?

5 years are reported by both, from 2018 to 2023.

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.

Croatia vs Hong Kong: Insurance indicators — Penetration

Croatia

2.29 Percentage of GDP

in 2023

Hong Kong

18.53 Percentage of GDP

in 2024

Croatia rank

2nd

Hong Kong rank

2nd

Insurance indicators — Penetration over time

Croatia
Hong Kong

How they compare

Hong Kong currently reports 18.53 Percentage of GDP against 2.29 Percentage of GDP in Croatia, a difference of 16.24 Percentage of GDP.

That makes Hong Kong's figure about 8.1 times Croatia's.

Across all 5 years both countries report, Hong Kong has been ahead every year.

Croatia ranks 2nd and Hong Kong ranks 2nd of 3 countries.

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

Head to head by decade

Decade	Croatia	Hong Kong	Difference	Ahead
2010s	2.54 Percentage of GDP	18.22 Percentage of GDP	15.67 Percentage of GDP	Hong Kong
2020s	2.54 Percentage of GDP	19.9 Percentage of GDP	17.36 Percentage of GDP	Hong Kong

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance indicators — penetration, Croatia or Hong Kong?: Hong Kong, at 18.53 Percentage of GDP against 2.29 Percentage of GDP in Croatia as of 2024.
What is the difference in insurance indicators — penetration between Croatia and Hong Kong?: 16.24 Percentage of GDP, with Hong Kong ahead.
How many years of comparable data are there for Croatia and Hong Kong?: 5 years are reported by both, from 2018 to 2023.
How do Croatia and Hong Kong rank globally for insurance indicators — penetration?: Croatia ranks 2nd and Hong Kong ranks 2nd of 3 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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Croatia vs Hong Kong: Insurance indicators — Penetration. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 03 October 2026, from https://reference.statizoid.com/compare/insurance-indicators-penetration/croatia-2/hong-kong-sar-china/

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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: 18 August 2026

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.