Netherlands vs South Africa: Insurance indicators β Penetration
Insurance indicators β Penetration over time
- Netherlands
- South Africa
How they compare
South Africa currently reports 12.66 Percentage of GDP against 8.26 Percentage of GDP in Netherlands, a difference of 4.4 Percentage of GDP.
That makes South Africa's figure about 1.5 times Netherlands's.
The two have swapped places 2 times across 10 shared years of data; in 2010 it was South Africa ahead.
Netherlands ranks 2nd and South Africa ranks 4th of 9 groups.
South Africa has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Netherlands | South Africa | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 6.25 Percentage of GDP | 12.79 Percentage of GDP | 6.54 Percentage of GDP | South Africa |
| 2020s | 8.58 Percentage of GDP | 11.13 Percentage of GDP | 2.55 Percentage of GDP | South Africa |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance indicators β penetration, Netherlands or South Africa?
- South Africa, at 12.66 Percentage of GDP against 8.26 Percentage of GDP in Netherlands as of 2023.
- What is the difference in insurance indicators β penetration between Netherlands and South Africa?
- 4.4 Percentage of GDP, with South Africa ahead.
- How many years of comparable data are there for Netherlands and South Africa?
- 10 years are reported by both, from 2010 to 2023.
- How do Netherlands and South Africa rank globally for insurance indicators β penetration?
- Netherlands ranks 2nd and South Africa ranks 4th 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.
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.