Denmark vs Lithuania: Insurance indicators — Penetration

Denmark
11.61 Percentage of GDP
in 2024
Lithuania
2.02 Percentage of GDP
in 2024
Denmark rank
8th
Lithuania rank
8th

Insurance indicators — Penetration over time

  • Denmark
  • Lithuania
2.557.51012.5198320032024

How they compare

Denmark currently reports 11.61 Percentage of GDP against 2.02 Percentage of GDP in Lithuania, a difference of 9.59 Percentage of GDP.

That makes Denmark's figure about 5.7 times Lithuania's.

Across all 14 years both countries report, Denmark has been ahead every year.

Denmark ranks 8th and Lithuania ranks 8th of 52 countries.

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

Head to head by decade

Decade Denmark Lithuania Difference Ahead
2010s 10.44 Percentage of GDP 1.74 Percentage of GDP 8.7 Percentage of GDP Denmark
2020s 10.98 Percentage of GDP 1.91 Percentage of GDP 9.06 Percentage of GDP Denmark

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance indicators — penetration, Denmark or Lithuania?
Denmark, at 11.61 Percentage of GDP against 2.02 Percentage of GDP in Lithuania as of 2024.
What is the difference in insurance indicators — penetration between Denmark and Lithuania?
9.59 Percentage of GDP, with Denmark ahead.
How many years of comparable data are there for Denmark and Lithuania?
14 years are reported by both, from 2011 to 2024.
How do Denmark and Lithuania rank globally for insurance indicators — penetration?
Denmark ranks 8th and Lithuania ranks 8th 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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Denmark vs Lithuania: 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/denmark/lithuania-2/

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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.