Singapore vs Slovak Republic: Insurance indicators β Penetration
Insurance indicators β Penetration over time
- Singapore
- Slovak Republic
How they compare
Singapore currently reports 8.25 Percentage of GDP against 1.56 Percentage of GDP in Slovak Republic, a difference of 6.69 Percentage of GDP.
That makes Singapore's figure about 5.3 times Slovak Republic's.
Across all 16 years both countries report, Singapore has been ahead every year.
Singapore ranks 12th and Slovak Republic ranks 9th of 52 countries.
Singapore has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Singapore | Slovak Republic | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 7.03 Percentage of GDP | 2.51 Percentage of GDP | 4.52 Percentage of GDP | Singapore |
| 2010s | 7.46 Percentage of GDP | 3.17 Percentage of GDP | 4.3 Percentage of GDP | Singapore |
| 2020s | 9.53 Percentage of GDP | 2.19 Percentage of GDP | 7.34 Percentage of GDP | Singapore |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance indicators β penetration, Singapore or Slovak Republic?
- Singapore, at 8.25 Percentage of GDP against 1.56 Percentage of GDP in Slovak Republic as of 2023.
- What is the difference in insurance indicators β penetration between Singapore and Slovak Republic?
- 6.69 Percentage of GDP, with Singapore ahead.
- How many years of comparable data are there for Singapore and Slovak Republic?
- 16 years are reported by both, from 2000 to 2023.
- How do Singapore and Slovak Republic rank globally for insurance indicators β penetration?
- Singapore ranks 12th 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 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.