Germany vs Malaysia: Insurance indicators — Penetration
Insurance indicators — Penetration over time
- Germany
- Malaysia
How they compare
Germany currently reports 5.91 Percentage of GDP against 4.63 Percentage of GDP in Malaysia, a difference of 1.28 Percentage of GDP.
That makes Germany's figure about 1.3 times Malaysia's.
Across all 12 years both countries report, Germany has been ahead every year.
Germany ranks 18th and Malaysia ranks 21st of 52 countries.
Germany has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Germany | Malaysia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 6.33 Percentage of GDP | 4.61 Percentage of GDP | 1.72 Percentage of GDP | Germany |
| 2020s | 6.17 Percentage of GDP | 4.71 Percentage of GDP | 1.45 Percentage of GDP | Germany |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance indicators — penetration, Germany or Malaysia?
- Germany, at 5.91 Percentage of GDP against 4.63 Percentage of GDP in Malaysia as of 2024.
- What is the difference in insurance indicators — penetration between Germany and Malaysia?
- 1.28 Percentage of GDP, with Germany ahead.
- How many years of comparable data are there for Germany and Malaysia?
- 12 years are reported by both, from 2012 to 2023.
- How do Germany and Malaysia rank globally for insurance indicators — penetration?
- Germany ranks 18th and Malaysia ranks 21st 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.