What is the difference in insurance indicators — penetration between Türkiye and United States?

10.82 Percentage of GDP, with United States ahead.

How many years of comparable data are there for Türkiye and United States?

40 years are reported by both, from 1983 to 2024.

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.

Türkiye vs United States: Insurance indicators — Penetration

Türkiye

1.86 Percentage of GDP

in 2024

United States

12.68 Percentage of GDP

in 2024

Türkiye rank

1st

United States rank

3rd

Insurance indicators — Penetration over time

Türkiye
United States

How they compare

United States currently reports 12.68 Percentage of GDP against 1.86 Percentage of GDP in Türkiye, a difference of 10.82 Percentage of GDP.

That makes United States's figure about 6.8 times Türkiye's.

Across all 40 years both countries report, United States has been ahead every year.

Türkiye ranks 1st and United States ranks 3rd of 1 regions.

United States has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade	Türkiye	United States	Difference	Ahead
1980s	0.3986 Percentage of GDP	7.44 Percentage of GDP	7.04 Percentage of GDP	United States
1990s	0.8731 Percentage of GDP	9.81 Percentage of GDP	8.93 Percentage of GDP	United States
2000s	1.09 Percentage of GDP	10.34 Percentage of GDP	9.25 Percentage of GDP	United States
2010s	1.33 Percentage of GDP	11.04 Percentage of GDP	9.71 Percentage of GDP	United States
2020s	1.6 Percentage of GDP	12.16 Percentage of GDP	10.57 Percentage of GDP	United States

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance indicators — penetration, Türkiye or United States?: United States, at 12.68 Percentage of GDP against 1.86 Percentage of GDP in Türkiye as of 2024.
What is the difference in insurance indicators — penetration between Türkiye and United States?: 10.82 Percentage of GDP, with United States ahead.
How many years of comparable data are there for Türkiye and United States?: 40 years are reported by both, from 1983 to 2024.
How do Türkiye and United States rank globally for insurance indicators — penetration?: Türkiye ranks 1st and United States ranks 3rd of 1 regions.
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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Türkiye vs United States: Insurance indicators — Penetration. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 20 August 2026, from https://reference.statizoid.com/compare/insurance-indicators-penetration/turkiye-2/united-states/

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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: 18 August 2026

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.