Brazil Life Insurance Premium Penetration (% of GDP) (2024)
Brazil's Life Insurance Premium Penetration (% of GDP): 2.3 % of GDP in 2024, +0.2pp YoY. OECD (OECD.DAF.CM:DSD_INS@DF_IND), 2011–2024.
Brazil (2024)
2.3
% of GDP
+0.2pp YoY
YoY Change
+0.2pp
percentage points
Trend
up
Series length
14
years of data
Data
| Year | % of GDP | YoY Change |
|---|---|---|
| 2024 | 2.3 | +0.2pp |
| 2023 | 2.1 | unchanged |
| 2022 | 2.1 | unchanged |
| 2021 | 2.1 | -0.2pp |
| 2020 | 2.3 | unchanged |
| 2019 | 2.3 | +0.2pp |
| 2018 | 2.1 | unchanged |
| 2017 | 2.1 | -0.1pp |
| 2016 | 2.2 | +0.3pp |
| 2015 | 1.9 | +0.2pp |
| 2014 | 1.7 | unchanged |
| 2013 | 1.7 | unchanged |
| 2012 | 1.7 | +0.3pp |
| 2011 | 1.4 | n/a |
About this Dataset
Brazil recorded 2.3 % of GDP in 2024. The latest change was +0.2pp. Across 2011–2024 the series ranges from 1.4 in 2011 to 2.3 in 2019.
This page tracks life insurance gross written premiums as a share of GDP in Brazil from 2000 to present. Life insurance penetration measures the depth of long-term savings mobilisation through the insurance channel.
Data sourced from OECD via SDMX REST API. Values use harmonised methodology intended for cross-country comparison.
Frequently Asked Questions
This page tracks life insurance gross written premiums as a share of GDP in Brazil from 2000 to present. Life insurance penetration measures the depth of long-term savings mobilisation through the insurance channel. It is published by OECD and updated annually.
The most recent observation covers 2024. OECD typically publishes this series with a lag of several months after the reference period. The series runs 2011–2024 (14 observations).
The series peaked at 2.3 % of GDP in 2019 and reached its lowest recorded value of 1.4 in 2011. The latest reading of 2.3 in 2024 represents a change of +0.2pp.