OECD vs Slovak Republic: Insurance indicators — Penetration

OECD
9.44 Percentage of GDP
in 2024
Slovak Republic
1.56 Percentage of GDP
in 2024
OECD rank
11th
Slovak Republic rank
9th

Insurance indicators — Penetration over time

  • OECD
  • Slovak Republic
246810198320032024

How they compare

OECD currently reports 9.44 Percentage of GDP against 1.56 Percentage of GDP in Slovak Republic, a difference of 7.88 Percentage of GDP.

That makes OECD's figure about 6.1 times Slovak Republic's.

Across all 24 years both countries report, OECD has been ahead every year.

OECD ranks 11th and Slovak Republic ranks 9th of 52 countries.

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

Head to head by decade

Decade OECD Slovak Republic Difference Ahead
1990s 8.4 Percentage of GDP 1.95 Percentage of GDP 6.45 Percentage of GDP OECD
2000s 8.7 Percentage of GDP 2.57 Percentage of GDP 6.13 Percentage of GDP OECD
2010s 8.46 Percentage of GDP 3.17 Percentage of GDP 5.29 Percentage of GDP OECD
2020s 9.14 Percentage of GDP 2.07 Percentage of GDP 7.08 Percentage of GDP OECD

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance indicators — penetration, OECD or Slovak Republic?
OECD, at 9.44 Percentage of GDP against 1.56 Percentage of GDP in Slovak Republic as of 2024.
What is the difference in insurance indicators — penetration between OECD and Slovak Republic?
7.88 Percentage of GDP, with OECD ahead.
How many years of comparable data are there for OECD and Slovak Republic?
24 years are reported by both, from 1997 to 2024.
How do OECD and Slovak Republic rank globally for insurance indicators — penetration?
OECD ranks 11th and Slovak Republic ranks 9th 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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OECD vs Slovak Republic: 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/oecd/slovak-republic-2/

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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.