Latvia vs Slovak Republic: Insurance indicators — Penetration
Insurance indicators — Penetration over time
- Latvia
- Slovak Republic
How they compare
Latvia currently reports 3.05 Percentage of GDP against 1.56 Percentage of GDP in Slovak Republic, a difference of 1.49 Percentage of GDP.
That makes Latvia's figure about 2.0 times Slovak Republic's.
The two have swapped places 1 time across 14 shared years of data; in 2009 it was Slovak Republic ahead.
Latvia ranks 4th and Slovak Republic ranks 3rd of 7 countries.
Across the 3 decades both report, Latvia averaged higher in 1 and Slovak Republic in 2.
Head to head by decade
| Decade | Latvia | Slovak Republic | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 1.99 Percentage of GDP | 3.23 Percentage of GDP | 1.24 Percentage of GDP | Slovak Republic |
| 2010s | 2.25 Percentage of GDP | 3.17 Percentage of GDP | 0.9177 Percentage of GDP | Slovak Republic |
| 2020s | 2.8 Percentage of GDP | 2.07 Percentage of GDP | 0.7382 Percentage of GDP | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance indicators — penetration, Latvia or Slovak Republic?
- Latvia, at 3.05 Percentage of GDP against 1.56 Percentage of GDP in Slovak Republic as of 2024.
- What is the difference in insurance indicators — penetration between Latvia and Slovak Republic?
- 1.49 Percentage of GDP, with Latvia ahead.
- How many years of comparable data are there for Latvia and Slovak Republic?
- 14 years are reported by both, from 2009 to 2024.
- How do Latvia and Slovak Republic rank globally for insurance indicators — penetration?
- Latvia ranks 4th and Slovak Republic ranks 3rd of 7 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.