Hungary vs Panama: Insurance indicators — Penetration
Insurance indicators — Penetration over time
- Hungary
- Panama
How they compare
Panama currently reports 2.24 Percentage of GDP against 2.05 Percentage of GDP in Hungary, a difference of 0.19 Percentage of GDP.
That makes Panama's figure about 1.1 times Hungary's.
The two have swapped places 4 times across 9 shared years of data; in 2011 it was Panama ahead.
Hungary ranks 43rd and Panama ranks 40th of 52 countries.
Across the 2 decades both report, Hungary averaged higher in 1 and Panama in 1.
Head to head by decade
| Decade | Hungary | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 2.61 Percentage of GDP | 2.58 Percentage of GDP | 0.0252 Percentage of GDP | Hungary |
| 2020s | 2.2 Percentage of GDP | 2.35 Percentage of GDP | 0.1518 Percentage of GDP | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance indicators — penetration, Hungary or Panama?
- Panama, at 2.24 Percentage of GDP against 2.05 Percentage of GDP in Hungary as of 2024.
- What is the difference in insurance indicators — penetration between Hungary and Panama?
- 0.19 Percentage of GDP, with Panama ahead.
- How many years of comparable data are there for Hungary and Panama?
- 9 years are reported by both, from 2011 to 2024.
- How do Hungary and Panama rank globally for insurance indicators — penetration?
- Hungary ranks 43rd and Panama ranks 40th 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.