What is the difference in insurance indicators — penetration between Guatemala and Indonesia?

0.25 Percentage of GDP, with Indonesia ahead.

How many years of comparable data are there for Guatemala and Indonesia?

11 years are reported by both, from 2011 to 2021.

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.

Guatemala vs Indonesia: Insurance indicators — Penetration

Guatemala

1.39 Percentage of GDP

in 2024

Indonesia

1.64 Percentage of GDP

in 2021

Guatemala rank

50th

Indonesia rank

47th

Insurance indicators — Penetration over time

Guatemala
Indonesia

How they compare

Indonesia currently reports 1.64 Percentage of GDP against 1.39 Percentage of GDP in Guatemala, a difference of 0.25 Percentage of GDP.

That makes Indonesia's figure about 1.2 times Guatemala's.

Across all 11 years both countries report, Indonesia has been ahead every year.

Guatemala ranks 50th and Indonesia ranks 47th of 52 countries.

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

Head to head by decade

Decade	Guatemala	Indonesia	Difference	Ahead
2010s	1.26 Percentage of GDP	1.71 Percentage of GDP	0.4548 Percentage of GDP	Indonesia
2020s	1.31 Percentage of GDP	1.64 Percentage of GDP	0.332 Percentage of GDP	Indonesia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance indicators — penetration, Guatemala or Indonesia?: Indonesia, at 1.64 Percentage of GDP against 1.39 Percentage of GDP in Guatemala as of 2021.
What is the difference in insurance indicators — penetration between Guatemala and Indonesia?: 0.25 Percentage of GDP, with Indonesia ahead.
How many years of comparable data are there for Guatemala and Indonesia?: 11 years are reported by both, from 2011 to 2021.
How do Guatemala and Indonesia rank globally for insurance indicators — penetration?: Guatemala ranks 50th and Indonesia ranks 47th 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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Guatemala vs Indonesia: 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/guatemala/indonesia/

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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: 18 August 2026

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.