Lithuania vs Taiwan Province of China: Insurance indicators β€” Penetration

Lithuania
2.02 Percentage of GDP
in 2024
Taiwan Province of China
10.79 Percentage of GDP
in 2024
Lithuania rank
8th
Taiwan Province of China rank
10th

Insurance indicators β€” Penetration over time

  • Lithuania
  • Taiwan Province of China
05101520201020172024

How they compare

Taiwan Province of China currently reports 10.79 Percentage of GDP against 2.02 Percentage of GDP in Lithuania, a difference of 8.77 Percentage of GDP.

That makes Taiwan Province of China's figure about 5.3 times Lithuania's.

Across all 7 years both countries report, Taiwan Province of China has been ahead every year.

Lithuania ranks 8th and Taiwan Province of China ranks 10th of 9 groups.

Taiwan Province of China has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Lithuania Taiwan Province of China Difference Ahead
2010s 1.92 Percentage of GDP 19.61 Percentage of GDP 17.69 Percentage of GDP Taiwan Province of China
2020s 1.91 Percentage of GDP 12.72 Percentage of GDP 10.81 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, Lithuania or Taiwan Province of China?
Taiwan Province of China, at 10.79 Percentage of GDP against 2.02 Percentage of GDP in Lithuania as of 2024.
What is the difference in insurance indicators β€” penetration between Lithuania and Taiwan Province of China?
8.77 Percentage of GDP, with Taiwan Province of China ahead.
How many years of comparable data are there for Lithuania and Taiwan Province of China?
7 years are reported by both, from 2018 to 2024.
How do Lithuania and Taiwan Province of China rank globally for insurance indicators β€” penetration?
Lithuania ranks 8th and Taiwan Province of China ranks 10th of 9 groups.
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.

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Lithuania vs Taiwan Province of China: Insurance indicators β€” 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/taiwan/

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About this data

Indicator
Insurance indicators β€” 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.