Insurance indicators — Penetration in United Kingdom
United Kingdom: Insurance indicators — Penetration was 11.75 Percentage of GDP in 2024. ▲ Rising
Insurance indicators — Penetration in United Kingdom, 1985–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
The most recent figure for insurance indicators — penetration in United Kingdom is 11.75 Percentage of GDP, measured in 2024.
That represents a change of up 0.6% on the previous year and up 9.4% over ten years.
Over the whole period, insurance indicators — penetration in United Kingdom peaked at 19.79 Percentage of GDP in 2007 and was at its lowest, 3.85 Percentage of GDP, in 1985.
United Kingdom ranks 6th of 52 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 40 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 4.29 Percentage of GDP | 3.85 Percentage of GDP | 4.57 Percentage of GDP | 5 |
| 1990s | 8 Percentage of GDP | 4.4 Percentage of GDP | 13.91 Percentage of GDP | 10 |
| 2000s | 14.69 Percentage of GDP | 12.97 Percentage of GDP | 19.79 Percentage of GDP | 10 |
| 2010s | 11.58 Percentage of GDP | 9.64 Percentage of GDP | 13.12 Percentage of GDP | 10 |
| 2020s | 11.51 Percentage of GDP | 11.29 Percentage of GDP | 11.75 Percentage of GDP | 5 |
Countries ranked near United Kingdom
More reference data data for United Kingdom
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 3.13 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 3.97 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 13.26 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 1.01 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 13.26 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 10.5 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 6.51 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 15.81 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 59.34 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 5.48 (2050)
Frequently asked questions
- What is insurance indicators — penetration in United Kingdom?
- Insurance indicators — penetration in United Kingdom was 11.75 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest insurance indicators — penetration recorded in United Kingdom?
- The highest recorded value was 19.79 Percentage of GDP in 2007.
- What is the lowest insurance indicators — penetration recorded in United Kingdom?
- The lowest recorded value was 3.85 Percentage of GDP in 1985.
- How does United Kingdom rank for insurance indicators — penetration?
- United Kingdom ranks 6th out of 52 countries with data for 2024.
- Is insurance indicators — penetration rising or falling in United Kingdom?
- Over the last ten years it is up 9.4%. The long-run trend across the full record is rising.
- Where does this United Kingdom 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 — 40 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.