Insurance indicators — Penetration in Sweden
Sweden: Insurance indicators — Penetration was 12.38 Percentage of GDP in 2024. ▲ Rising
Insurance indicators — Penetration in Sweden, 1983–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
Sweden recorded 12.38 Percentage of GDP for insurance indicators — penetration in 2024. That is the highest value across all 41 years on record.
The figure is up 15.2% on the previous year and up 49.5% over ten years.
Over the whole period, insurance indicators — penetration in Sweden peaked at 12.38 Percentage of GDP in 2024 and was at its lowest, 3.94 Percentage of GDP, in 1983.
Sweden ranks 5th of 52 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 41 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 4.61 Percentage of GDP | 3.94 Percentage of GDP | 5.56 Percentage of GDP | 7 |
| 1990s | 5.43 Percentage of GDP | 4.97 Percentage of GDP | 6.75 Percentage of GDP | 10 |
| 2000s | 6.82 Percentage of GDP | 5.38 Percentage of GDP | 7.78 Percentage of GDP | 9 |
| 2010s | 6.7 Percentage of GDP | 4.13 Percentage of GDP | 8.89 Percentage of GDP | 10 |
| 2020s | 11.12 Percentage of GDP | 9.85 Percentage of GDP | 12.38 Percentage of GDP | 5 |
Countries ranked near Sweden
- 2 Hong Kong Special Administrative Region, People's Republic of China 18.53 Percentage of GDP compare
- 3 United States 12.68 Percentage of GDP compare
- 4 South Africa 12.66 Percentage of GDP compare
- 6 United Kingdom 11.75 Percentage of GDP compare
- 7 Ireland 11.69 Percentage of GDP compare
- 8 Denmark 11.61 Percentage of GDP compare
More reference data data for Sweden
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.4328 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.2237 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 1.68 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.2063 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 1.68 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.45 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.9766 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 1.13 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 8.03 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.12 (2050)
Frequently asked questions
- What is insurance indicators — penetration in Sweden?
- Insurance indicators — penetration in Sweden was 12.38 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest insurance indicators — penetration recorded in Sweden?
- The highest recorded value was 12.38 Percentage of GDP in 2024.
- What is the lowest insurance indicators — penetration recorded in Sweden?
- The lowest recorded value was 3.94 Percentage of GDP in 1983.
- How does Sweden rank for insurance indicators — penetration?
- Sweden ranks 5th out of 52 countries with data for 2024.
- Is insurance indicators — penetration rising or falling in Sweden?
- Over the last ten years it is up 49.5%. The long-run trend across the full record is rising.
- Where does this Sweden 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 — 41 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.