Taiwan vs Türkiye: Insurance indicators — Penetration

Taiwan
10.79 Percentage of GDP
in 2024
Türkiye
1.86 Percentage of GDP
in 2024
Taiwan rank
10th
Türkiye rank
7th

Insurance indicators — Penetration over time

  • Taiwan
  • Türkiye
05101520198320032024

How they compare

Taiwan currently reports 10.79 Percentage of GDP against 1.86 Percentage of GDP in Türkiye, a difference of 8.93 Percentage of GDP.

That makes Taiwan's figure about 5.8 times Türkiye's.

Across all 7 years both countries report, Taiwan has been ahead every year.

Taiwan ranks 10th and Türkiye ranks 7th of 52 countries.

Taiwan has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Taiwan Türkiye Difference Ahead
2010s 19.61 Percentage of GDP 1.38 Percentage of GDP 18.22 Percentage of GDP Taiwan
2020s 12.72 Percentage of GDP 1.6 Percentage of GDP 11.13 Percentage of GDP Taiwan

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance indicators — penetration, Taiwan or Türkiye?
Taiwan, at 10.79 Percentage of GDP against 1.86 Percentage of GDP in Türkiye as of 2024.
What is the difference in insurance indicators — penetration between Taiwan and Türkiye?
8.93 Percentage of GDP, with Taiwan ahead.
How many years of comparable data are there for Taiwan and Türkiye?
7 years are reported by both, from 2018 to 2024.
How do Taiwan and Türkiye rank globally for insurance indicators — penetration?
Taiwan ranks 10th 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.

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Taiwan vs Türkiye: Insurance indicators — Penetration. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 03 October 2026, from https://reference.statizoid.com/compare/insurance-indicators-penetration/taiwan/turkiye-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.