Insurance indicators — Penetration in Taiwan
Taiwan: Insurance indicators — Penetration was 10.79 Percentage of GDP in 2024. ▼ Falling
Insurance indicators — Penetration in Taiwan, 2018–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
In 2024, insurance indicators — penetration in Taiwan stood at 10.79 Percentage of GDP.
That represents a change of up 4.7% on the previous year and down 46.1% over ten years.
That places Taiwan 10th out of 52 countries with data for 2024, putting it in the top quarter.
Insurance indicators — Penetration in Taiwan, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2018 | 20.01 Percentage of GDP | — |
| 2019 | 19.2 Percentage of GDP | -4.0% |
| 2020 | 16.74 Percentage of GDP | -12.8% |
| 2021 | 14.6 Percentage of GDP | -12.8% |
| 2022 | 11.17 Percentage of GDP | -23.5% |
| 2023 | 10.31 Percentage of GDP | -7.7% |
| 2024 | 10.79 Percentage of GDP | +4.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 19.61 Percentage of GDP | 19.2 Percentage of GDP | 20.01 Percentage of GDP | 2 |
| 2020s | 12.72 Percentage of GDP | 10.31 Percentage of GDP | 16.74 Percentage of GDP | 5 |
Countries ranked near Taiwan
More reference data data for Taiwan
- Emission Totals - Emissions (N2O) - Agricultural Soils 7.6 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Agricultural 2,013 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Crop Residues 85.74 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.2515 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.4506 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Manure left on 360.08 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Manure Management 306.1 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Manure applied 400.4 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - IPCC Agriculture 2,323 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 1.36 (2050)
Frequently asked questions
- What is insurance indicators — penetration in Taiwan?
- Insurance indicators — penetration in Taiwan was 10.79 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest insurance indicators — penetration recorded in Taiwan?
- The highest recorded value was 20.01 Percentage of GDP in 2018.
- What is the lowest insurance indicators — penetration recorded in Taiwan?
- The lowest recorded value was 10.31 Percentage of GDP in 2023.
- How does Taiwan rank for insurance indicators — penetration?
- Taiwan ranks 10th out of 52 countries with data for 2024.
- Is insurance indicators — penetration rising or falling in Taiwan?
- Over the last ten years it is down 46.1%. The long-run trend across the full record is falling.
- Where does this Taiwan 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.