Spain Non-Life Insurance Premium Penetration (% of GDP) (2024)
Spain's Non-Life Insurance Premium Penetration (% of GDP): 2.7 % of GDP in 2024, +0.1pp YoY. OECD (OECD.DAF.CM:DSD_INS@DF_IND), 2000–2024.
Spain (2024)
2.7
% of GDP
+0.1pp YoY
YoY Change
+0.1pp
percentage points
Trend
up
Series length
25
years of data
Data
| Year | % of GDP | YoY Change |
|---|---|---|
| 2024 | 2.7 | +0.1pp |
| 2023 | 2.6 | -0.1pp |
| 2022 | 2.7 | -0.2pp |
| 2021 | 2.9 | -0.1pp |
| 2020 | 3 | +0.3pp |
| 2019 | 2.7 | unchanged |
| 2018 | 2.7 | unchanged |
| 2017 | 2.7 | unchanged |
| 2016 | 2.7 | unchanged |
| 2015 | 2.7 | unchanged |
| 2014 | 2.7 | unchanged |
| 2013 | 2.7 | -0.1pp |
| 2012 | 2.8 | unchanged |
| 2011 | 2.8 | +0.1pp |
| 2010 | 2.7 | -0.2pp |
| 2009 | 2.9 | unchanged |
| 2008 | 2.9 | unchanged |
| 2007 | 2.9 | unchanged |
| 2006 | 2.9 | -0.1pp |
| 2005 | 3 | unchanged |
About this Dataset
Spain recorded 2.7 % of GDP in 2024. The latest change was +0.1pp. Across 2000–2024 the series ranges from 2.6 % of GDP in 2000 to 3 % of GDP in 2020.
This page tracks non-life insurance (P&C) gross written premiums as a share of GDP in Spain. 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 Spain. 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 2000–2024 (25 observations).
The series peaked at 3 % of GDP in 2020 and reached its lowest recorded value of 2.6 % of GDP in 2000. The latest reading is 2.7 % of GDP in 2024. The latest change was +0.1pp.