Colombia Non-Life Insurance Premium Penetration (% of GDP) (2024)
Colombia's Non-Life Insurance Premium Penetration (% of GDP): 1.5 % of GDP in 2024, unchanged YoY. OECD (OECD.DAF.CM:DSD_INS@DF_IND), 2009–2024.
Colombia (2024)
1.5
% of GDP
unchanged YoY
YoY Change
unchanged
percentage points
Trend
neutral
Series length
16
years of data
Data
| Year | % of GDP | YoY Change |
|---|---|---|
| 2024 | 1.5 | unchanged |
| 2023 | 1.5 | +0.1pp |
| 2022 | 1.4 | -0.1pp |
| 2021 | 1.5 | unchanged |
| 2020 | 1.5 | +0.1pp |
| 2019 | 1.4 | unchanged |
| 2018 | 1.4 | unchanged |
| 2017 | 1.4 | unchanged |
| 2016 | 1.4 | unchanged |
| 2015 | 1.4 | +0.1pp |
| 2014 | 1.3 | unchanged |
| 2013 | 1.3 | unchanged |
| 2012 | 1.3 | +0.1pp |
| 2011 | 1.2 | unchanged |
| 2010 | 1.2 | unchanged |
| 2009 | 1.2 | n/a |
About this Dataset
Colombia recorded 1.5 % of GDP in 2024. That is unchanged on the previous period. Across 2009–2024 the series ranges from 1.2 in 2009 to 1.5 in 2023.
This page tracks non-life insurance (P&C) gross written premiums as a share of GDP in Colombia from 2000 to present. Non-life penetration measures commercial risk transfer capacity and SME insurance coverage depth.
Data sourced from OECD via SDMX REST API. Values use harmonised methodology intended for cross-country comparison.
Frequently Asked Questions
This page tracks non-life insurance (P&C) gross written premiums as a share of GDP in Colombia from 2000 to present. Non-life penetration measures commercial risk transfer capacity and SME insurance coverage 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 peaked at 1.5 % of GDP in 2023 and reached its lowest recorded value of 1.2 in 2009. The latest reading of 1.5 in 2024 is unchanged on the previous period.