Colombia Insurance Premium Penetration (% of GDP) (2024)
Colombia's Insurance Premium Penetration (% of GDP): 3.3 % of GDP in 2024, +0.1pp YoY. OECD (OECD.DAF.CM:DSD_INS@DF_IND), 2009–2024.
Colombia (2024)
3.3
% of GDP
+0.1pp YoY
YoY Change
+0.1pp
percentage points
Trend
up
Series length
16
years of data
Data
| Year | % of GDP | YoY Change |
|---|---|---|
| 2024 | 3.3 | +0.1pp |
| 2023 | 3.2 | unchanged |
| 2022 | 3.2 | +0.2pp |
| 2021 | 3 | -0.1pp |
| 2020 | 3.1 | +0.2pp |
| 2019 | 2.9 | +0.1pp |
| 2018 | 2.8 | unchanged |
| 2017 | 2.8 | unchanged |
| 2016 | 2.8 | +0.1pp |
| 2015 | 2.7 | +0.2pp |
| 2014 | 2.5 | -0.1pp |
| 2013 | 2.6 | +0.2pp |
| 2012 | 2.4 | +0.1pp |
| 2011 | 2.3 | unchanged |
| 2010 | 2.3 | unchanged |
| 2009 | 2.3 | n/a |
About this Dataset
Colombia recorded 3.3 % of GDP in 2024. The latest change was +0.1pp. Across 2009–2024 the series ranges from 2.3 % of GDP in 2010 to 3.3 % of GDP in 2024.
This page tracks total insurance gross written premiums as a share of GDP in Colombia. Insurance penetration is the primary measure of financial services sector development and household risk protection depth.
Data sourced from OECD via SDMX REST API. Values use harmonised methodology intended for cross-country comparison.
Frequently Asked Questions
This page tracks total insurance gross written premiums as a share of GDP in Colombia. Insurance penetration is the primary measure of financial services sector development and household risk protection depth. 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 2009–2024 (16 observations).
The series is at its highest recorded level, 3.3 % of GDP in 2024, up from a low of 2.3 % of GDP in 2010. The latest change was +0.1pp.