Mexico vs New Zealand: Insurance indicators — Penetration

Mexico
2.76 Percentage of GDP
in 2024
New Zealand
3.35 Percentage of GDP
in 2021
Mexico rank
33rd
New Zealand rank
30th

Insurance indicators — Penetration over time

  • Mexico
  • New Zealand
1234198820062024

How they compare

New Zealand currently reports 3.35 Percentage of GDP against 2.76 Percentage of GDP in Mexico, a difference of 0.59 Percentage of GDP.

That makes New Zealand's figure about 1.2 times Mexico's.

The two have swapped places 2 times across 26 shared years of data; in 1992 it was New Zealand ahead.

Mexico ranks 33rd and New Zealand ranks 30th of 52 countries.

New Zealand has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Mexico New Zealand Difference Ahead
1990s 1.36 Percentage of GDP 1.82 Percentage of GDP 0.4647 Percentage of GDP New Zealand
2000s 1.54 Percentage of GDP 2.4 Percentage of GDP 0.8569 Percentage of GDP New Zealand
2010s 2.03 Percentage of GDP 2.61 Percentage of GDP 0.5756 Percentage of GDP New Zealand
2020s 2.46 Percentage of GDP 3.41 Percentage of GDP 0.952 Percentage of GDP New Zealand

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance indicators — penetration, Mexico or New Zealand?
New Zealand, at 3.35 Percentage of GDP against 2.76 Percentage of GDP in Mexico as of 2021.
What is the difference in insurance indicators — penetration between Mexico and New Zealand?
0.59 Percentage of GDP, with New Zealand ahead.
How many years of comparable data are there for Mexico and New Zealand?
26 years are reported by both, from 1992 to 2021.
How do Mexico and New Zealand rank globally for insurance indicators — penetration?
Mexico ranks 33rd and New Zealand ranks 30th of 52 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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Mexico vs New Zealand: 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/mexico/new-zealand/

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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.