Sweden vs United Kingdom: Insurance indicators — Penetration
Insurance indicators — Penetration over time
- Sweden
- United Kingdom
How they compare
Sweden currently reports 12.38 Percentage of GDP against 11.75 Percentage of GDP in United Kingdom, a difference of 0.63 Percentage of GDP.
That makes Sweden's figure about 1.1 times United Kingdom's.
The two have swapped places 6 times across 39 shared years of data; in 1985 it was Sweden ahead.
Sweden ranks 5th and United Kingdom ranks 6th of 52 countries.
Across the 5 decades both report, Sweden averaged higher in 1 and United Kingdom in 4.
Head to head by decade
| Decade | Sweden | United Kingdom | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 4.85 Percentage of GDP | 4.29 Percentage of GDP | 0.5562 Percentage of GDP | Sweden |
| 1990s | 5.43 Percentage of GDP | 8 Percentage of GDP | 2.57 Percentage of GDP | United Kingdom |
| 2000s | 6.82 Percentage of GDP | 14.86 Percentage of GDP | 8.04 Percentage of GDP | United Kingdom |
| 2010s | 6.7 Percentage of GDP | 11.58 Percentage of GDP | 4.88 Percentage of GDP | United Kingdom |
| 2020s | 11.12 Percentage of GDP | 11.51 Percentage of GDP | 0.3918 Percentage of GDP | United Kingdom |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance indicators — penetration, Sweden or United Kingdom?
- Sweden, at 12.38 Percentage of GDP against 11.75 Percentage of GDP in United Kingdom as of 2024.
- What is the difference in insurance indicators — penetration between Sweden and United Kingdom?
- 0.63 Percentage of GDP, with Sweden ahead.
- How many years of comparable data are there for Sweden and United Kingdom?
- 39 years are reported by both, from 1985 to 2024.
- How do Sweden and United Kingdom rank globally for insurance indicators — penetration?
- Sweden ranks 5th and United Kingdom ranks 6th 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.