Hungary Life Insurance Premium Penetration (% of GDP) (2024)
Hungary's Life Insurance Premium Penetration (% of GDP): 0.8 % of GDP in 2024, unchanged YoY. OECD (OECD.DAF.CM:DSD_INS@DF_IND), 2000–2024.
Hungary (2024)
0.8
% of GDP
unchanged YoY
YoY Change
unchanged
percentage points
Trend
neutral
Series length
25
years of data
Data
| Year | % of GDP | YoY Change |
|---|---|---|
| 2024 | 0.8 | unchanged |
| 2023 | 0.8 | -0.1pp |
| 2022 | 0.9 | -0.2pp |
| 2021 | 1.1 | unchanged |
| 2020 | 1.1 | unchanged |
| 2019 | 1.1 | unchanged |
| 2018 | 1.1 | -0.1pp |
| 2017 | 1.2 | unchanged |
| 2016 | 1.2 | unchanged |
| 2015 | 1.2 | -0.2pp |
| 2014 | 1.4 | unchanged |
| 2013 | 1.4 | unchanged |
| 2012 | 1.4 | -0.2pp |
| 2011 | 1.6 | unchanged |
| 2010 | 1.6 | unchanged |
| 2009 | 1.6 | -0.1pp |
| 2008 | 1.7 | -0.3pp |
| 2007 | 2 | +0.3pp |
| 2006 | 1.7 | +0.4pp |
| 2005 | 1.3 | +0.1pp |
About this Dataset
Hungary recorded 0.8 % of GDP in 2024. That is unchanged on the previous period. Across 2000–2024 the series ranges from 0.8 in 2023 to 2 in 2007.
This page tracks life insurance gross written premiums as a share of GDP in Hungary 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 Hungary 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 2 % of GDP in 2007 and reached its lowest recorded value of 0.8 in 2023. The latest reading of 0.8 in 2024 is unchanged on the previous period.