{"version":1,"asset_type":"statistical_series","data_type":"time_series","slug":"gb-life-insurance-penetration-gdp","url":"https://apiardata.com/statistics/gb-life-insurance-penetration-gdp","html_url":"https://apiardata.com/statistics/gb-life-insurance-penetration-gdp/","title":"United Kingdom Life Insurance Premium Penetration (% of GDP) (2024)","description":"United Kingdom's Life Insurance Premium Penetration (% of GDP): 8 % of GDP in 2024, unchanged YoY. OECD (OECD.DAF.CM:DSD_INS@DF_IND), 2000–2024.","domain":"markets","category":"Financial Markets","keywords":["Financial Markets","OECD","United Kingdom","2024"],"publisher":"OECD","frequency":"Annual","geography":"United Kingdom","temporal_coverage":"2000/2024","unit":"% of GDP","last_updated":"2026-07-27","last_updated_text":"27 July 2026","data_as_of":"2024","variable_measured":"United Kingdom Life Insurance Premium Penetration (% of GDP)","license":"https://apiardata.com/data-license","is_accessible_for_free":true,"sources":[{"name":"OECD","url":"https://data-explorer.oecd.org/vis?fs[0]=Topic%2C0%7CFinancial+sector%23FIN%23&pg=0&fc=Topic&bp=true&snb=10"}],"meta":[{"label":"Frequency","value":"Annual"},{"label":"Coverage","value":"2000–2024"},{"label":"Observations","value":"25"},{"label":"Geography","value":"United Kingdom"},{"label":"Last updated","value":"27 July 2026"}],"kpis":[{"label":"United Kingdom (2024)","value":"8","unit":"% of GDP","trend":{"direction":"neutral","value":"unchanged YoY"}},{"label":"YoY Change","value":"unchanged","unit":"percentage points"},{"label":"Trend","value":"neutral","unit":""},{"label":"Series length","value":"25","unit":"years of data"}],"series":[{"key":"value","label":"United Kingdom Life Insurance Premium Penetration (% of GDP)"}],"observation_count":25,"observations":[{"period":"2000","value":11.244},{"period":"2001","value":9.154},{"period":"2002","value":8.82},{"period":"2003","value":8.388},{"period":"2004","value":8.429},{"period":"2005","value":8.959},{"period":"2006","value":15.116},{"period":"2007","value":16.781},{"period":"2008","value":11.693},{"period":"2009","value":10.448},{"period":"2010","value":9.309},{"period":"2011","value":8.718},{"period":"2012","value":9.54},{"period":"2013","value":8.029},{"period":"2014","value":7.969},{"period":"2015","value":7.584},{"period":"2016","value":6.124},{"period":"2017","value":9.107},{"period":"2018","value":9.613},{"period":"2019","value":8.968},{"period":"2020","value":8.422},{"period":"2021","value":8.505},{"period":"2022","value":7.57},{"period":"2023","value":7.968},{"period":"2024","value":7.971}],"table":{"columns":[{"key":"year","label":"Year"},{"key":"value","label":"% of GDP"},{"key":"yoyChange","label":"YoY Change"}],"rows":[{"year":"2024","value":"8.0","yoyChange":"unchanged"},{"year":"2023","value":"8.0","yoyChange":"+0.4pp"},{"year":"2022","value":"7.6","yoyChange":"-0.9pp"},{"year":"2021","value":"8.5","yoyChange":"+0.1pp"},{"year":"2020","value":"8.4","yoyChange":"-0.6pp"},{"year":"2019","value":"9.0","yoyChange":"-0.6pp"},{"year":"2018","value":"9.6","yoyChange":"+0.5pp"},{"year":"2017","value":"9.1","yoyChange":"+3pp"},{"year":"2016","value":"6.1","yoyChange":"-1.5pp"},{"year":"2015","value":"7.6","yoyChange":"-0.4pp"},{"year":"2014","value":"8.0","yoyChange":"unchanged"},{"year":"2013","value":"8.0","yoyChange":"-1.5pp"},{"year":"2012","value":"9.5","yoyChange":"+0.8pp"},{"year":"2011","value":"8.7","yoyChange":"-0.6pp"},{"year":"2010","value":"9.3","yoyChange":"-1.1pp"},{"year":"2009","value":"10.4","yoyChange":"-1.3pp"},{"year":"2008","value":"11.7","yoyChange":"-5.1pp"},{"year":"2007","value":"16.8","yoyChange":"+1.7pp"},{"year":"2006","value":"15.1","yoyChange":"+6.1pp"},{"year":"2005","value":"9.0","yoyChange":"+0.6pp"}]},"qa":[{"question":"What does this indicator measure?","answer":"This page tracks life insurance gross written premiums as a share of GDP in United Kingdom 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."},{"question":"How current is this data?","answer":"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)."},{"question":"What is the long-term trend?","answer":"The series peaked at 16.8 % of GDP in 2007 and reached its lowest recorded value of 6.1 in 2016. The latest reading of 8 in 2024 is unchanged on the previous period."}]}