Insurance indicators β€” Penetration in Egypt, Arab Republic of

Egypt, Arab Republic of: Insurance indicators β€” Penetration was 0.579 Percentage of GDP in 2023. β–Ό Falling

Latest (2023)
0.579 Percentage of GDP
Change on year
down 3.8%
World rank
52nd
of 52 countries
All-time high
0.69 Percentage of GDP
in 2021
All-time low
0.579 Percentage of GDP
in 2023
Years of data
7
2017–2023

Insurance indicators β€” Penetration in Egypt, Arab Republic of, 2017–2023

00.20.40.62017202020232017: 0.655 Percentage of GDP2018: 0.633 Percentage of GDP2019: 0.597 Percentage of GDP2020: 0.63 Percentage of GDP2021: 0.69 Percentage of GDP2022: 0.602 Percentage of GDP2023: 0.579 Percentage of GDP

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

Analysis

Egypt, Arab Republic of recorded 0.579 Percentage of GDP for insurance indicators β€” penetration in 2023. That is the lowest value across all 7 years on record.

The figure is down 3.8% on the previous year and down 11.6% over ten years.

That places Egypt, Arab Republic of 52nd out of 52 countries with data for 2023, putting it in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
2010s 0.6283 Percentage of GDP 0.597 Percentage of GDP 0.655 Percentage of GDP 3
2020s 0.6252 Percentage of GDP 0.579 Percentage of GDP 0.69 Percentage of GDP 4

Countries ranked near Egypt, Arab Republic of

  1. 49 Nicaragua 1.48 Percentage of GDP compare
  2. 50 Guatemala 1.39 Percentage of GDP compare
  3. 51 Paraguay 1.17 Percentage of GDP compare

See the full ranking of 62 places β†’

More reference data data for Egypt, Arab Republic of

All data for Egypt, Arab Republic of β†’

Frequently asked questions

What is insurance indicators β€” penetration in Egypt, Arab Republic of?
Insurance indicators β€” penetration in Egypt, Arab Republic of was 0.579 Percentage of GDP in 2023, according to Organisation for Economic Co-operation and Development.
What is the highest insurance indicators β€” penetration recorded in Egypt, Arab Republic of?
The highest recorded value was 0.69 Percentage of GDP in 2021.
What is the lowest insurance indicators β€” penetration recorded in Egypt, Arab Republic of?
The lowest recorded value was 0.579 Percentage of GDP in 2023.
How does Egypt, Arab Republic of rank for insurance indicators β€” penetration?
Egypt, Arab Republic of ranks 52nd out of 52 countries with data for 2023.
Is insurance indicators β€” penetration rising or falling in Egypt, Arab Republic of?
Over the last ten years it is down 11.6%. The long-run trend across the full record is falling.
Where does this Egypt, Arab Republic of data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of Insurance indicators β€” Penetration. Statizoid updates them automatically from the source API.

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Insurance indicators β€” Penetration in Egypt, Arab Republic of. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 19 August 2026, from https://reference.statizoid.com/stat/insurance-indicators-penetration/egypt-arab-rep/

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About this data

Indicator
Insurance indicators β€” 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.