Denmark vs OECD: Insurance indicators — Penetration

Denmark
11.61 Percentage of GDP
in 2024
OECD
9.44 Percentage of GDP
in 2024
Denmark rank
8th
OECD rank
11th

Insurance indicators — Penetration over time

  • Denmark
  • OECD
4681012198320032024

How they compare

Denmark currently reports 11.61 Percentage of GDP against 9.44 Percentage of GDP in OECD, a difference of 2.17 Percentage of GDP.

That makes Denmark's figure about 1.2 times OECD's.

The two have swapped places 1 time across 40 shared years of data; in 1983 it was OECD ahead.

Denmark ranks 8th and OECD ranks 11th of 52 countries.

Across the 5 decades both report, Denmark averaged higher in 2 and OECD in 3.

Head to head by decade

Decade Denmark OECD Difference Ahead
1980s 4 Percentage of GDP 6.05 Percentage of GDP 2.05 Percentage of GDP OECD
1990s 5.51 Percentage of GDP 7.63 Percentage of GDP 2.12 Percentage of GDP OECD
2000s 7.54 Percentage of GDP 8.62 Percentage of GDP 1.07 Percentage of GDP OECD
2010s 10.44 Percentage of GDP 8.51 Percentage of GDP 1.94 Percentage of GDP Denmark
2020s 10.98 Percentage of GDP 9.14 Percentage of GDP 1.83 Percentage of GDP Denmark

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance indicators — penetration, Denmark or OECD?
Denmark, at 11.61 Percentage of GDP against 9.44 Percentage of GDP in OECD as of 2024.
What is the difference in insurance indicators — penetration between Denmark and OECD?
2.17 Percentage of GDP, with Denmark ahead.
How many years of comparable data are there for Denmark and OECD?
40 years are reported by both, from 1983 to 2024.
How do Denmark and OECD rank globally for insurance indicators — penetration?
Denmark ranks 8th and OECD ranks 11th 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

Share, cite or embed this page

Cite this page

Denmark vs OECD: 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/oecd/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under OECD Terms and Conditions (attribution required); please keep the attribution.

<a href="https://reference.statizoid.com/compare/insurance-indicators-penetration/denmark/oecd/">Denmark vs OECD: Insurance indicators — Penetration</a> — Statizoid

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.