Insurance indicators — Penetration in Malaysia
Malaysia: Insurance indicators — Penetration was 4.63 Percentage of GDP in 2023. ▬ Flat
Insurance indicators — Penetration in Malaysia, 2009–2023
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
In 2023, insurance indicators — penetration in Malaysia stood at 4.63 Percentage of GDP.
That represents a change of up 4.0% on the previous year and down 3.5% over ten years.
Over the whole period, insurance indicators — penetration in Malaysia peaked at 4.96 Percentage of GDP in 2020 and was at its lowest, 4.26 Percentage of GDP, in 2009.
That places Malaysia 21st out of 52 countries with data for 2023, putting it in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.26 Percentage of GDP | 4.26 Percentage of GDP | 4.26 Percentage of GDP | 1 |
| 2010s | 4.63 Percentage of GDP | 4.34 Percentage of GDP | 4.79 Percentage of GDP | 10 |
| 2020s | 4.71 Percentage of GDP | 4.45 Percentage of GDP | 4.96 Percentage of GDP | 4 |
Countries ranked near Malaysia
More reference data data for Malaysia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.7102 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.5869 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 4.62 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.1487 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 4.62 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 2.38 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.64 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 3.29 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 21.1 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.8098 (2050)
Frequently asked questions
- What is insurance indicators — penetration in Malaysia?
- Insurance indicators — penetration in Malaysia was 4.63 Percentage of GDP in 2023, according to Organisation for Economic Co-operation and Development.
- What is the highest insurance indicators — penetration recorded in Malaysia?
- The highest recorded value was 4.96 Percentage of GDP in 2020.
- What is the lowest insurance indicators — penetration recorded in Malaysia?
- The lowest recorded value was 4.26 Percentage of GDP in 2009.
- How does Malaysia rank for insurance indicators — penetration?
- Malaysia ranks 21st out of 52 countries with data for 2023.
- Is insurance indicators — penetration rising or falling in Malaysia?
- Over the last ten years it is down 3.5%. The long-run trend across the full record is flat.
- Where does this Malaysia 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.
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About this data
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.