Germany vs Switzerland: Insurance indicators — Penetration

Germany
5.91 Percentage of GDP
in 2024
Switzerland
6.73 Percentage of GDP
in 2024
Germany rank
18th
Switzerland rank
17th

Insurance indicators — Penetration over time

  • Germany
  • Switzerland
24681012198320032024

How they compare

Switzerland currently reports 6.73 Percentage of GDP against 5.91 Percentage of GDP in Germany, a difference of 0.82 Percentage of GDP.

That makes Switzerland's figure about 1.1 times Germany's.

Across all 39 years both countries report, Switzerland has been ahead every year.

Germany ranks 18th and Switzerland ranks 17th of 52 countries.

Switzerland has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Germany Switzerland Difference Ahead
1980s 4.02 Percentage of GDP 7.3 Percentage of GDP 3.29 Percentage of GDP Switzerland
1990s 6.04 Percentage of GDP 9.99 Percentage of GDP 3.95 Percentage of GDP Switzerland
2000s 6.6 Percentage of GDP 10.32 Percentage of GDP 3.72 Percentage of GDP Switzerland
2010s 6.33 Percentage of GDP 8.59 Percentage of GDP 2.25 Percentage of GDP Switzerland
2020s 6.12 Percentage of GDP 7.04 Percentage of GDP 0.922 Percentage of GDP Switzerland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance indicators — penetration, Germany or Switzerland?
Switzerland, at 6.73 Percentage of GDP against 5.91 Percentage of GDP in Germany as of 2024.
What is the difference in insurance indicators — penetration between Germany and Switzerland?
0.82 Percentage of GDP, with Switzerland ahead.
How many years of comparable data are there for Germany and Switzerland?
39 years are reported by both, from 1983 to 2024.
How do Germany and Switzerland rank globally for insurance indicators — penetration?
Germany ranks 18th and Switzerland ranks 17th 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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Germany vs Switzerland: Insurance indicators — Penetration. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 20 August 2026, from https://reference.statizoid.com/compare/insurance-indicators-penetration/germany/switzerland/

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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.