Lithuania vs Slovak Republic: Insurance indicators — Penetration

Lithuania
2.02 Percentage of GDP
in 2024
Slovak Republic
1.56 Percentage of GDP
in 2024
Lithuania rank
6th
Slovak Republic rank
3rd

Insurance indicators — Penetration over time

  • Lithuania
  • Slovak Republic
2345199720102024

How they compare

Lithuania currently reports 2.02 Percentage of GDP against 1.56 Percentage of GDP in Slovak Republic, a difference of 0.46 Percentage of GDP.

That makes Lithuania's figure about 1.3 times Slovak Republic's.

The two have swapped places 1 time across 13 shared years of data; in 2010 it was Slovak Republic ahead.

Lithuania ranks 6th and Slovak Republic ranks 3rd of 7 countries.

Slovak Republic has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Lithuania Slovak Republic Difference Ahead
2010s 1.69 Percentage of GDP 3.17 Percentage of GDP 1.47 Percentage of GDP Slovak Republic
2020s 1.91 Percentage of GDP 2.07 Percentage of GDP 0.155 Percentage of GDP Slovak Republic

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance indicators — penetration, Lithuania or Slovak Republic?
Lithuania, at 2.02 Percentage of GDP against 1.56 Percentage of GDP in Slovak Republic as of 2024.
What is the difference in insurance indicators — penetration between Lithuania and Slovak Republic?
0.46 Percentage of GDP, with Lithuania ahead.
How many years of comparable data are there for Lithuania and Slovak Republic?
13 years are reported by both, from 2010 to 2024.
How do Lithuania and Slovak Republic rank globally for insurance indicators — penetration?
Lithuania ranks 6th 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.

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Lithuania vs Slovak Republic: Insurance indicators — Penetration. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 03 October 2026, from https://reference.statizoid.com/compare/insurance-indicators-penetration/lithuania-2/slovak-republic-2/

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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.