Insurance indicators — Penetration in Mexico
Mexico: Insurance indicators — Penetration was 2.76 Percentage of GDP in 2024. ▲ Rising
Insurance indicators — Penetration in Mexico, 1992–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
Mexico recorded 2.76 Percentage of GDP for insurance indicators — penetration in 2024. That is the highest value across all 33 years on record.
That represents a change of up 9.2% on the previous year and up 40.2% over ten years.
Over the whole period, insurance indicators — penetration in Mexico peaked at 2.76 Percentage of GDP in 2024 and was at its lowest, 1.22 Percentage of GDP, in 1996.
Mexico ranks 33rd of 52 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 33 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.4 Percentage of GDP | 1.22 Percentage of GDP | 1.71 Percentage of GDP | 8 |
| 2000s | 1.55 Percentage of GDP | 1.38 Percentage of GDP | 1.83 Percentage of GDP | 10 |
| 2010s | 2.03 Percentage of GDP | 1.74 Percentage of GDP | 2.36 Percentage of GDP | 10 |
| 2020s | 2.51 Percentage of GDP | 2.33 Percentage of GDP | 2.76 Percentage of GDP | 5 |
Countries ranked near Mexico
- 30 New Zealand 3.35 Percentage of GDP compare
- 31 Colombia 3.29 Percentage of GDP compare
- 32 Australia 3.03 Percentage of GDP compare
- 34 Czechia 2.56 Percentage of GDP compare
- 35 El Salvador 2.45 Percentage of GDP compare
- 36 Costa Rica 2.4 Percentage of GDP compare
More reference data data for Mexico
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 4.11 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 16.66 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 32.65 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 1.75 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 32.65 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 13.78 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 7.36 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 84.69 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 157.18 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 9.55 (2050)
Frequently asked questions
- What is insurance indicators — penetration in Mexico?
- Insurance indicators — penetration in Mexico was 2.76 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest insurance indicators — penetration recorded in Mexico?
- The highest recorded value was 2.76 Percentage of GDP in 2024.
- What is the lowest insurance indicators — penetration recorded in Mexico?
- The lowest recorded value was 1.22 Percentage of GDP in 1996.
- How does Mexico rank for insurance indicators — penetration?
- Mexico ranks 33rd out of 52 countries with data for 2024.
- Is insurance indicators — penetration rising or falling in Mexico?
- Over the last ten years it is up 40.2%. The long-run trend across the full record is rising.
- Where does this Mexico 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 — 33 observations, free to reuse under OECD Terms and Conditions (attribution required).
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.