Hong Kong Special Administrative Region, People's Republic of China vs Latvia: Insurance indicators — Penetration
Insurance indicators — Penetration over time
- Hong Kong Special Administrative Region, People's Republic of China
- Latvia
How they compare
Hong Kong Special Administrative Region, People's Republic of China currently reports 18.53 Percentage of GDP against 3.05 Percentage of GDP in Latvia, a difference of 15.48 Percentage of GDP.
That makes Hong Kong Special Administrative Region, People's Republic of China's figure about 6.1 times Latvia's.
Across all 15 years both countries report, Hong Kong Special Administrative Region, People's Republic of China has been ahead every year.
Hong Kong Special Administrative Region, People's Republic of China ranks 2nd and Latvia ranks 5th of 52 countries.
Hong Kong Special Administrative Region, People's Republic of China has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Hong Kong Special Administrative Region, People's Republic of China | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 10.84 Percentage of GDP | 1.99 Percentage of GDP | 8.85 Percentage of GDP | Hong Kong Special Administrative Region, People's Republic of China |
| 2010s | 14.47 Percentage of GDP | 2.22 Percentage of GDP | 12.25 Percentage of GDP | Hong Kong Special Administrative Region, People's Republic of China |
| 2020s | 19.63 Percentage of GDP | 2.8 Percentage of GDP | 16.82 Percentage of GDP | Hong Kong Special Administrative Region, People's Republic of China |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance indicators — penetration, Hong Kong Special Administrative Region, People's Republic of China or Latvia?
- Hong Kong Special Administrative Region, People's Republic of China, at 18.53 Percentage of GDP against 3.05 Percentage of GDP in Latvia as of 2024.
- What is the difference in insurance indicators — penetration between Hong Kong Special Administrative Region, People's Republic of China and Latvia?
- 15.48 Percentage of GDP, with Hong Kong Special Administrative Region, People's Republic of China ahead.
- How many years of comparable data are there for Hong Kong Special Administrative Region, People's Republic of China and Latvia?
- 15 years are reported by both, from 2009 to 2024.
- How do Hong Kong Special Administrative Region, People's Republic of China and Latvia rank globally for insurance indicators — penetration?
- Hong Kong Special Administrative Region, People's Republic of China ranks 2nd and Latvia ranks 5th 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.