India vs Uruguay: Insurance indicators — Penetration
Insurance indicators — Penetration over time
- India
- Uruguay
How they compare
India currently reports 4.18 Percentage of GDP against 3.57 Percentage of GDP in Uruguay, a difference of 0.61 Percentage of GDP.
That makes India's figure about 1.2 times Uruguay's.
Across all 5 years both countries report, India has been ahead every year.
India ranks 25th and Uruguay ranks 27th of 52 countries.
India has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | India | Uruguay | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 3.65 Percentage of GDP | 2.22 Percentage of GDP | 1.44 Percentage of GDP | India |
| 2020s | 4.18 Percentage of GDP | 2.73 Percentage of GDP | 1.45 Percentage of GDP | India |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance indicators — penetration, India or Uruguay?
- India, at 4.18 Percentage of GDP against 3.57 Percentage of GDP in Uruguay as of 2020.
- What is the difference in insurance indicators — penetration between India and Uruguay?
- 0.61 Percentage of GDP, with India ahead.
- How many years of comparable data are there for India and Uruguay?
- 5 years are reported by both, from 2011 to 2020.
- How do India and Uruguay rank globally for insurance indicators — penetration?
- India ranks 25th and Uruguay ranks 27th 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.