Norway vs Switzerland: Insurance indicators — Penetration
Insurance indicators — Penetration over time
- Norway
- Switzerland
How they compare
Switzerland currently reports 6.73 Percentage of GDP against 5.89 Percentage of GDP in Norway, a difference of 0.84 Percentage of GDP.
That makes Switzerland's figure about 1.1 times Norway's.
Across all 42 years both countries report, Switzerland has been ahead every year.
Norway ranks 19th and Switzerland ranks 17th of 52 countries.
Switzerland has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Norway | Switzerland | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 4.34 Percentage of GDP | 7.3 Percentage of GDP | 2.96 Percentage of GDP | Switzerland |
| 1990s | 3.95 Percentage of GDP | 9.99 Percentage of GDP | 6.03 Percentage of GDP | Switzerland |
| 2000s | 5.13 Percentage of GDP | 10.18 Percentage of GDP | 5.05 Percentage of GDP | Switzerland |
| 2010s | 5.11 Percentage of GDP | 8.62 Percentage of GDP | 3.51 Percentage of GDP | Switzerland |
| 2020s | 5.44 Percentage of GDP | 7.04 Percentage of GDP | 1.6 Percentage of GDP | Switzerland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance indicators — penetration, Norway or Switzerland?
- Switzerland, at 6.73 Percentage of GDP against 5.89 Percentage of GDP in Norway as of 2024.
- What is the difference in insurance indicators — penetration between Norway and Switzerland?
- 0.84 Percentage of GDP, with Switzerland ahead.
- How many years of comparable data are there for Norway and Switzerland?
- 42 years are reported by both, from 1983 to 2024.
- How do Norway and Switzerland rank globally for insurance indicators — penetration?
- Norway ranks 19th and Switzerland ranks 17th 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.
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.