Japan vs Taiwan Province of China: Insurance indicators β Penetration
Insurance indicators β Penetration over time
- Japan
- Taiwan Province of China
How they compare
Taiwan Province of China currently reports 10.79 Percentage of GDP against 7.74 Percentage of GDP in Japan, a difference of 3.05 Percentage of GDP.
That makes Taiwan Province of China's figure about 1.4 times Japan's.
Across all 7 years both countries report, Taiwan Province of China has been ahead every year.
Japan ranks 13th and Taiwan Province of China ranks 10th of 52 countries.
Taiwan Province of China has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Japan | Taiwan Province of China | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 7.46 Percentage of GDP | 19.61 Percentage of GDP | 12.14 Percentage of GDP | Taiwan Province of China |
| 2020s | 7.57 Percentage of GDP | 12.72 Percentage of GDP | 5.16 Percentage of GDP | Taiwan Province of China |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance indicators β penetration, Japan or Taiwan Province of China?
- Taiwan Province of China, at 10.79 Percentage of GDP against 7.74 Percentage of GDP in Japan as of 2024.
- What is the difference in insurance indicators β penetration between Japan and Taiwan Province of China?
- 3.05 Percentage of GDP, with Taiwan Province of China ahead.
- How many years of comparable data are there for Japan and Taiwan Province of China?
- 7 years are reported by both, from 2018 to 2024.
- How do Japan and Taiwan Province of China rank globally for insurance indicators β penetration?
- Japan ranks 13th and Taiwan Province of China ranks 10th of 52 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Insurance indicators β 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.