Spain Life Insurance Premium Penetration (% of GDP) (2024)
Spain's Life Insurance Premium Penetration (% of GDP): 1.8 % of GDP in 2024, -0.4pp YoY. OECD (OECD.DAF.CM:DSD_INS@DF_IND), 2000–2024.
Spain (2024)
1.8
% of GDP
-0.4pp YoY
YoY Change
-0.4pp
percentage points
Trend
down
Series length
25
years of data
Data
| Year | % of GDP | YoY Change |
|---|---|---|
| 2024 | 1.8 | -0.4pp |
| 2023 | 2.2 | +0.4pp |
| 2022 | 1.8 | -0.1pp |
| 2021 | 1.9 | unchanged |
| 2020 | 1.9 | -0.3pp |
| 2019 | 2.2 | -0.2pp |
| 2018 | 2.4 | -0.1pp |
| 2017 | 2.5 | -0.3pp |
| 2016 | 2.8 | +0.5pp |
| 2015 | 2.3 | -0.1pp |
| 2014 | 2.4 | -0.1pp |
| 2013 | 2.5 | unchanged |
| 2012 | 2.5 | -0.2pp |
| 2011 | 2.7 | +0.2pp |
| 2010 | 2.5 | -0.2pp |
| 2009 | 2.7 | +0.2pp |
| 2008 | 2.5 | +0.3pp |
| 2007 | 2.2 | -0.1pp |
| 2006 | 2.3 | unchanged |
| 2005 | 2.3 | unchanged |
About this Dataset
Spain recorded 1.8 % of GDP in 2024. The latest change was -0.4pp. Across 2000–2024 the series ranges from 1.8 in 2022 to 3.7 in 2000.
This page tracks life insurance gross written premiums as a share of GDP in Spain 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 Spain 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 (25 observations).
The series peaked at 3.7 % of GDP in 2000 and reached its lowest recorded value of 1.8 in 2022. The latest reading of 1.8 in 2024 represents a change of -0.4pp.