Insurance indicators — Penetration in United States
United States: Insurance indicators — Penetration was 12.68 Percentage of GDP in 2024. ▲ Rising
Insurance indicators — Penetration in United States, 1983–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
United States recorded 12.68 Percentage of GDP for insurance indicators — penetration in 2024. That is the highest value across all 42 years on record.
Compared with earlier readings it is up 5.9% on the previous year and up 17.3% over ten years.
Over the whole period, insurance indicators — penetration in United States peaked at 12.68 Percentage of GDP in 2024 and was at its lowest, 4.28 Percentage of GDP, in 1987.
That places United States 3rd out of 52 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 42 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 7.44 Percentage of GDP | 4.28 Percentage of GDP | 9.75 Percentage of GDP | 7 |
| 1990s | 9.81 Percentage of GDP | 9.37 Percentage of GDP | 10.52 Percentage of GDP | 10 |
| 2000s | 10.47 Percentage of GDP | 10.06 Percentage of GDP | 11.08 Percentage of GDP | 10 |
| 2010s | 11.04 Percentage of GDP | 10.65 Percentage of GDP | 11.44 Percentage of GDP | 10 |
| 2020s | 12.16 Percentage of GDP | 11.89 Percentage of GDP | 12.68 Percentage of GDP | 5 |
Countries ranked near United States
- 1 Luxembourg 32.99 Percentage of GDP compare
- 2 Hong Kong Special Administrative Region, People's Republic of China 18.53 Percentage of GDP compare
- 4 South Africa 12.66 Percentage of GDP compare
- 5 Sweden 12.38 Percentage of GDP compare
- 6 United Kingdom 11.75 Percentage of GDP compare
More reference data data for United States
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 19.34 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 24.55 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 119.42 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 20.7 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 119.42 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 64.85 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 52.14 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 133.45 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 589.96 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 112.69 (2050)
Frequently asked questions
- What is insurance indicators — penetration in United States?
- Insurance indicators — penetration in United States was 12.68 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest insurance indicators — penetration recorded in United States?
- The highest recorded value was 12.68 Percentage of GDP in 2024.
- What is the lowest insurance indicators — penetration recorded in United States?
- The lowest recorded value was 4.28 Percentage of GDP in 1987.
- How does United States rank for insurance indicators — penetration?
- United States ranks 3rd out of 52 countries with data for 2024.
- Is insurance indicators — penetration rising or falling in United States?
- Over the last ten years it is up 17.3%. The long-run trend across the full record is rising.
- Where does this United States 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 — 42 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.