Ecuador vs Honduras: Insurance indicators — Penetration

Ecuador
1.86 Percentage of GDP
in 2024
Honduras
2 Percentage of GDP
in 2024
Ecuador rank
46th
Honduras rank
45th

Insurance indicators — Penetration over time

  • Ecuador
  • Honduras
0123201220182024

How they compare

Honduras currently reports 2 Percentage of GDP against 1.86 Percentage of GDP in Ecuador, a difference of 0.14 Percentage of GDP.

That makes Honduras's figure about 1.1 times Ecuador's.

The two have swapped places 1 time across 5 shared years of data; in 2015 it was Ecuador ahead.

Ecuador ranks 46th and Honduras ranks 45th of 52 countries.

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

Head to head by decade

Decade Ecuador Honduras Difference Ahead
2010s 1.86 Percentage of GDP 2.34 Percentage of GDP 0.4813 Percentage of GDP Honduras
2020s 1.73 Percentage of GDP 1.97 Percentage of GDP 0.2425 Percentage of GDP Honduras

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance indicators — penetration, Ecuador or Honduras?
Honduras, at 2 Percentage of GDP against 1.86 Percentage of GDP in Ecuador as of 2024.
What is the difference in insurance indicators — penetration between Ecuador and Honduras?
0.14 Percentage of GDP, with Honduras ahead.
How many years of comparable data are there for Ecuador and Honduras?
5 years are reported by both, from 2015 to 2024.
How do Ecuador and Honduras rank globally for insurance indicators — penetration?
Ecuador ranks 46th and Honduras ranks 45th 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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Ecuador vs Honduras: 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/ecuador/honduras/

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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.