Ireland vs Sweden: Insurance indicators — Penetration

Ireland
11.69 Percentage of GDP
in 2024
Sweden
12.38 Percentage of GDP
in 2024
Ireland rank
7th
Sweden rank
5th

Insurance indicators — Penetration over time

  • Ireland
  • Sweden
510152025198320032024

How they compare

Sweden currently reports 12.38 Percentage of GDP against 11.69 Percentage of GDP in Ireland, a difference of 0.69 Percentage of GDP.

That makes Sweden's figure about 1.1 times Ireland's.

The two have swapped places 3 times across 41 shared years of data; in 1983 it was Ireland ahead.

Ireland ranks 7th and Sweden ranks 5th of 52 countries.

Across the 5 decades both report, Ireland averaged higher in 4 and Sweden in 1.

Head to head by decade

Decade Ireland Sweden Difference Ahead
1980s 8.7 Percentage of GDP 4.61 Percentage of GDP 4.09 Percentage of GDP Ireland
1990s 9.43 Percentage of GDP 5.43 Percentage of GDP 3.99 Percentage of GDP Ireland
2000s 18.27 Percentage of GDP 6.82 Percentage of GDP 11.44 Percentage of GDP Ireland
2010s 16.64 Percentage of GDP 6.7 Percentage of GDP 9.95 Percentage of GDP Ireland
2020s 10.88 Percentage of GDP 11.12 Percentage of GDP 0.2422 Percentage of GDP Sweden

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance indicators — penetration, Ireland or Sweden?
Sweden, at 12.38 Percentage of GDP against 11.69 Percentage of GDP in Ireland as of 2024.
What is the difference in insurance indicators — penetration between Ireland and Sweden?
0.69 Percentage of GDP, with Sweden ahead.
How many years of comparable data are there for Ireland and Sweden?
41 years are reported by both, from 1983 to 2024.
How do Ireland and Sweden rank globally for insurance indicators — penetration?
Ireland ranks 7th and Sweden 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.

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Ireland vs Sweden: Insurance indicators — Penetration. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 19 August 2026, from https://reference.statizoid.com/compare/insurance-indicators-penetration/ireland/sweden/

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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.