Lithuania vs OECD: Insurance indicators — Penetration
Insurance indicators — Penetration over time
- Lithuania
- OECD
How they compare
OECD currently reports 9.44 Percentage of GDP against 2.02 Percentage of GDP in Lithuania, a difference of 7.42 Percentage of GDP.
That makes OECD's figure about 4.7 times Lithuania's.
Across all 15 years both countries report, OECD has been ahead every year.
Lithuania ranks 8th and OECD ranks 11th of 9 groups.
OECD has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Lithuania | OECD | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 1.73 Percentage of GDP | 8.51 Percentage of GDP | 6.78 Percentage of GDP | OECD |
| 2020s | 1.91 Percentage of GDP | 9.14 Percentage of GDP | 7.23 Percentage of GDP | OECD |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance indicators — penetration, Lithuania or OECD?
- OECD, at 9.44 Percentage of GDP against 2.02 Percentage of GDP in Lithuania as of 2024.
- What is the difference in insurance indicators — penetration between Lithuania and OECD?
- 7.42 Percentage of GDP, with OECD ahead.
- How many years of comparable data are there for Lithuania and OECD?
- 15 years are reported by both, from 2010 to 2024.
- How do Lithuania and OECD rank globally for insurance indicators — penetration?
- Lithuania ranks 8th and OECD ranks 11th of 9 groups.
- 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.