Hong Kong vs Slovak Republic: Insurance indicators — Penetration

Hong Kong
18.53 Percentage of GDP
in 2024
Slovak Republic
1.56 Percentage of GDP
in 2024
Hong Kong rank
2nd
Slovak Republic rank
3rd

Insurance indicators — Penetration over time

  • Hong Kong
  • Slovak Republic
05101520199720102024

How they compare

Hong Kong currently reports 18.53 Percentage of GDP against 1.56 Percentage of GDP in Slovak Republic, a difference of 16.97 Percentage of GDP.

That makes Hong Kong's figure about 11.9 times Slovak Republic's.

Across all 13 years both countries report, Hong Kong has been ahead every year.

Hong Kong ranks 2nd and Slovak Republic ranks 3rd of 52 countries.

Hong Kong has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Hong Kong Slovak Republic Difference Ahead
2000s 10.84 Percentage of GDP 3.23 Percentage of GDP 7.61 Percentage of GDP Hong Kong
2010s 13.48 Percentage of GDP 3.24 Percentage of GDP 10.24 Percentage of GDP Hong Kong
2020s 19.63 Percentage of GDP 2.07 Percentage of GDP 17.56 Percentage of GDP Hong Kong

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance indicators — penetration, Hong Kong or Slovak Republic?
Hong Kong, at 18.53 Percentage of GDP against 1.56 Percentage of GDP in Slovak Republic as of 2024.
What is the difference in insurance indicators — penetration between Hong Kong and Slovak Republic?
16.97 Percentage of GDP, with Hong Kong ahead.
How many years of comparable data are there for Hong Kong and Slovak Republic?
13 years are reported by both, from 2009 to 2024.
How do Hong Kong and Slovak Republic rank globally for insurance indicators — penetration?
Hong Kong ranks 2nd and Slovak Republic ranks 3rd 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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Hong Kong vs Slovak Republic: Insurance indicators — Penetration. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 03 October 2026, from https://reference.statizoid.com/compare/insurance-indicators-penetration/hong-kong-sar-china/slovak-republic-2/

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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.