Hong Kong (China) vs Türkiye: Insurance indicators — Penetration

Hong Kong (China)
18.53 Percentage of GDP
in 2024
Türkiye
1.86 Percentage of GDP
in 2024
Hong Kong (China) rank
2nd
Türkiye rank
1st

Insurance indicators — Penetration over time

  • Hong Kong (China)
  • Türkiye
05101520198320032024

How they compare

Hong Kong (China) currently reports 18.53 Percentage of GDP against 1.86 Percentage of GDP in Türkiye, a difference of 16.67 Percentage of GDP.

That makes Hong Kong (China)'s figure about 10.0 times Türkiye's.

Across all 14 years both countries report, Hong Kong (China) has been ahead every year.

Hong Kong (China) ranks 2nd and Türkiye ranks 1st of 52 countries.

Hong Kong (China) has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Hong Kong (China) Türkiye Difference Ahead
2010s 14.47 Percentage of GDP 1.31 Percentage of GDP 13.15 Percentage of GDP Hong Kong (China)
2020s 19.63 Percentage of GDP 1.6 Percentage of GDP 18.03 Percentage of GDP Hong Kong (China)

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance indicators — penetration, Hong Kong (China) or Türkiye?
Hong Kong (China), at 18.53 Percentage of GDP against 1.86 Percentage of GDP in Türkiye as of 2024.
What is the difference in insurance indicators — penetration between Hong Kong (China) and Türkiye?
16.67 Percentage of GDP, with Hong Kong (China) ahead.
How many years of comparable data are there for Hong Kong (China) and Türkiye?
14 years are reported by both, from 2010 to 2024.
How do Hong Kong (China) and Türkiye rank globally for insurance indicators — penetration?
Hong Kong (China) ranks 2nd and Türkiye ranks 1st 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 (China) vs Türkiye: 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/hong-kong-sar-china/turkiye-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.