What is the difference in insurance indicators — penetration between Lithuania and Sweden?

10.36 Percentage of GDP, with Sweden ahead.

How many years of comparable data are there for Lithuania and Sweden?

15 years are reported by both, from 2010 to 2024.

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.

Lithuania vs Sweden: Insurance indicators — Penetration

Lithuania

2.02 Percentage of GDP

in 2024

Sweden

12.38 Percentage of GDP

in 2024

Lithuania rank

8th

Sweden rank

5th

Insurance indicators — Penetration over time

Lithuania
Sweden

How they compare

Sweden currently reports 12.38 Percentage of GDP against 2.02 Percentage of GDP in Lithuania, a difference of 10.36 Percentage of GDP.

That makes Sweden's figure about 6.1 times Lithuania's.

Across all 15 years both countries report, Sweden has been ahead every year.

Lithuania ranks 8th and Sweden ranks 5th of 9 groups.

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

Head to head by decade

Decade	Lithuania	Sweden	Difference	Ahead
2010s	1.73 Percentage of GDP	6.7 Percentage of GDP	4.97 Percentage of GDP	Sweden
2020s	1.91 Percentage of GDP	11.12 Percentage of GDP	9.21 Percentage of GDP	Sweden

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance indicators — penetration, Lithuania or Sweden?: Sweden, at 12.38 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 Sweden?: 10.36 Percentage of GDP, with Sweden ahead.
How many years of comparable data are there for Lithuania and Sweden?: 15 years are reported by both, from 2010 to 2024.
How do Lithuania and Sweden rank globally for insurance indicators — penetration?: Lithuania ranks 8th and Sweden ranks 5th 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.

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Lithuania 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/lithuania-2/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: 18 August 2026

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.