Insurance indicators — Penetration in Argentina

Argentina: Insurance indicators — Penetration was 2.23 Percentage of GDP in 2024. ▼ Falling

Latest (2024)
2.23 Percentage of GDP
Change on year
up 17.5%
World rank
41st
of 52 countries
All-time high
2.58 Percentage of GDP
in 2015
All-time low
1.9 Percentage of GDP
in 2023
Years of data
13
2012–2024

Insurance indicators — Penetration in Argentina, 2012–2024

01232012201820242012: 2.3 Percentage of GDP2013: 2.4 Percentage of GDP2014: 2.4 Percentage of GDP2015: 2.6 Percentage of GDP2016: 2.6 Percentage of GDP2017: 2.6 Percentage of GDP2018: 2.3 Percentage of GDP2019: 2.1 Percentage of GDP2020: 2.6 Percentage of GDP2021: 2.2 Percentage of GDP2022: 2.1 Percentage of GDP2023: 1.9 Percentage of GDP2024: 2.2 Percentage of GDP

Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.

Analysis

In 2024, insurance indicators — penetration in Argentina stood at 2.23 Percentage of GDP.

The figure is up 17.5% on the previous year and down 6.1% over ten years.

Over the whole period, insurance indicators — penetration in Argentina peaked at 2.58 Percentage of GDP in 2015 and was at its lowest, 1.9 Percentage of GDP, in 2023.

That places Argentina 41st out of 52 countries with data for 2024, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 13 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2010s 2.39 Percentage of GDP 2.08 Percentage of GDP 2.58 Percentage of GDP 8
2020s 2.2 Percentage of GDP 1.9 Percentage of GDP 2.58 Percentage of GDP 5

Countries ranked near Argentina

  1. 38 Iceland 2.27 Percentage of GDP compare
  2. 39 Greece 2.27 Percentage of GDP compare
  3. 40 Panama 2.24 Percentage of GDP compare
  4. 42 Tunisia 2.12 Percentage of GDP compare
  5. 43 Hungary 2.05 Percentage of GDP compare
  6. 44 Peru 2.04 Percentage of GDP compare

See the full ranking of 62 places →

More reference data data for Argentina

All data for Argentina →

Frequently asked questions

What is insurance indicators — penetration in Argentina?
Insurance indicators — penetration in Argentina was 2.23 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
What is the highest insurance indicators — penetration recorded in Argentina?
The highest recorded value was 2.58 Percentage of GDP in 2015.
What is the lowest insurance indicators — penetration recorded in Argentina?
The lowest recorded value was 1.9 Percentage of GDP in 2023.
How does Argentina rank for insurance indicators — penetration?
Argentina ranks 41st out of 52 countries with data for 2024.
Is insurance indicators — penetration rising or falling in Argentina?
Over the last ten years it is down 6.1%. The long-run trend across the full record is falling.
Where does this Argentina data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of Insurance indicators — Penetration. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 13 observations, free to reuse under OECD Terms and Conditions (attribution required).

Share, cite or embed this page

Cite this page

Insurance indicators — Penetration in Argentina. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 19 August 2026, from https://reference.statizoid.com/stat/insurance-indicators-penetration/argentina/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under OECD Terms and Conditions (attribution required); please keep the attribution.

<a href="https://reference.statizoid.com/stat/insurance-indicators-penetration/argentina/">Insurance indicators — Penetration in Argentina</a> — Statizoid

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.