Sweden vs Türkiye: Insurance indicators — Penetration
Insurance indicators — Penetration over time
- Sweden
- Türkiye
How they compare
Sweden currently reports 12.38 Percentage of GDP against 1.86 Percentage of GDP in Türkiye, a difference of 10.52 Percentage of GDP.
That makes Sweden's figure about 6.7 times Türkiye's.
Across all 39 years both countries report, Sweden has been ahead every year.
Sweden ranks 5th and Türkiye ranks 7th of 52 countries.
Sweden has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Sweden | Türkiye | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 4.61 Percentage of GDP | 0.3986 Percentage of GDP | 4.21 Percentage of GDP | Sweden |
| 1990s | 5.43 Percentage of GDP | 0.8731 Percentage of GDP | 4.56 Percentage of GDP | Sweden |
| 2000s | 7.19 Percentage of GDP | 1.1 Percentage of GDP | 6.09 Percentage of GDP | Sweden |
| 2010s | 6.7 Percentage of GDP | 1.33 Percentage of GDP | 5.37 Percentage of GDP | Sweden |
| 2020s | 11.12 Percentage of GDP | 1.6 Percentage of GDP | 9.52 Percentage of GDP | Sweden |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance indicators — penetration, Sweden or Türkiye?
- Sweden, at 12.38 Percentage of GDP against 1.86 Percentage of GDP in Türkiye as of 2024.
- What is the difference in insurance indicators — penetration between Sweden and Türkiye?
- 10.52 Percentage of GDP, with Sweden ahead.
- How many years of comparable data are there for Sweden and Türkiye?
- 39 years are reported by both, from 1983 to 2024.
- How do Sweden and Türkiye rank globally for insurance indicators — penetration?
- Sweden ranks 5th and Türkiye ranks 7th 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.