Germany Life Insurance Premium Penetration (% of GDP) (2024)
Germany's Life Insurance Premium Penetration (% of GDP): 2.1 % of GDP in 2024, +0.1pp YoY. OECD (OECD.DAF.CM:DSD_INS@DF_IND), 2000–2024.
Germany (2024)
2.1
% of GDP
+0.1pp YoY
YoY Change
+0.1pp
percentage points
Trend
up
Series length
22
years of data
Data
| Year | % of GDP | Change |
|---|---|---|
| 2024 | 2.1 | +0.1pp |
| 2023 | 2 | -0.2pp |
| 2022 | 2.2 | -0.5pp |
| 2021 | 2.7 | -0.2pp |
| 2020 | 2.9 | +0.1pp |
| 2019 | 2.8 | +0.2pp |
| 2018 | 2.6 | unchanged |
| 2017 | 2.6 | -0.1pp |
| 2016 | 2.7 | -0.1pp |
| 2015 | 2.8 | -0.2pp |
| 2014 | 3 | -0.1pp |
| 2013 | 3.1 | +0.1pp |
| 2012 | 3 | n/a |
| 2008 | 2.9 | unchanged |
| 2007 | 2.9 | -0.2pp |
| 2006 | 3.1 | -0.2pp |
| 2005 | 3.3 | +0.1pp |
| 2004 | 3.2 | unchanged |
| 2003 | 3.2 | +0.2pp |
| 2002 | 3 | +0.1pp |
About this Dataset
Germany recorded 2.1 % of GDP in 2024. The latest change was +0.1pp. Across 2000–2024 the series ranges from 2 in 2023 to 3.3 in 2005.
This page tracks life insurance gross written premiums as a share of GDP in Germany 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 Germany 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 2000–2024 (22 observations).
The series peaked at 3.3 % of GDP in 2005 and reached its lowest recorded value of 2 in 2023. The latest reading of 2.1 in 2024 represents a change of +0.1pp.