Insurance indicators — Penetration in Bulgaria

Bulgaria: Insurance indicators — Penetration was 2.28 Percentage of GDP in 2024. ▬ Flat

Latest (2024)
2.28 Percentage of GDP
Change on year
up 1.4%
World rank
37th
of 52 countries
All-time high
2.39 Percentage of GDP
in 2019
All-time low
2.11 Percentage of GDP
in 2022
Years of data
7
2018–2024

Insurance indicators — Penetration in Bulgaria, 2018–2024

00.511.522.52018202120242018: 2.3 Percentage of GDP2019: 2.4 Percentage of GDP2020: 2.3 Percentage of GDP2021: 2.3 Percentage of GDP2022: 2.1 Percentage of GDP2023: 2.2 Percentage of GDP2024: 2.3 Percentage of GDP

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

Analysis

The most recent figure for insurance indicators — penetration in Bulgaria is 2.28 Percentage of GDP, measured in 2024.

That represents a change of up 1.4% on the previous year and up 1.0% over ten years.

Bulgaria ranks 37th of 52 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2010s 2.32 Percentage of GDP 2.26 Percentage of GDP 2.39 Percentage of GDP 2
2020s 2.25 Percentage of GDP 2.11 Percentage of GDP 2.34 Percentage of GDP 5

Countries ranked near Bulgaria

  1. 34 Czechia 2.56 Percentage of GDP compare
  2. 35 El Salvador 2.45 Percentage of GDP compare
  3. 36 Costa Rica 2.4 Percentage of GDP compare
  4. 38 Iceland 2.27 Percentage of GDP compare
  5. 39 Greece 2.27 Percentage of GDP compare
  6. 40 Panama 2.24 Percentage of GDP compare

See the full ranking of 62 places →

More reference data data for Bulgaria

All data for Bulgaria →

Frequently asked questions

What is insurance indicators — penetration in Bulgaria?
Insurance indicators — penetration in Bulgaria was 2.28 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
What is the highest insurance indicators — penetration recorded in Bulgaria?
The highest recorded value was 2.39 Percentage of GDP in 2019.
What is the lowest insurance indicators — penetration recorded in Bulgaria?
The lowest recorded value was 2.11 Percentage of GDP in 2022.
How does Bulgaria rank for insurance indicators — penetration?
Bulgaria ranks 37th out of 52 countries with data for 2024.
Is insurance indicators — penetration rising or falling in Bulgaria?
Over the last ten years it is up 1.0%. The long-run trend across the full record is flat.
Where does this Bulgaria 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 — 7 observations, free to reuse under OECD Terms and Conditions (attribution required).

Share, cite or embed this page

Cite this page

Insurance indicators — Penetration in Bulgaria. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 20 August 2026, from https://reference.statizoid.com/stat/insurance-indicators-penetration/bulgaria/

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/bulgaria/">Insurance indicators — Penetration in Bulgaria</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.