{"version":1,"asset_type":"statistical_series","data_type":"time_series","slug":"hu-non-life-insurance-penetration-gdp","url":"https://apiardata.com/statistics/hu-non-life-insurance-penetration-gdp","html_url":"https://apiardata.com/statistics/hu-non-life-insurance-penetration-gdp/","title":"Hungary Non-Life Insurance Premium Penetration (% of GDP) (2024)","description":"Hungary's Non-Life Insurance Premium Penetration (% of GDP): 1.3 % of GDP in 2024, +0.1pp YoY. OECD (OECD.DAF.CM:DSD_INS@DF_IND), 2000–2024.","domain":"markets","category":"Financial Markets","keywords":["Financial Markets","OECD","Hungary","2024"],"publisher":"OECD","frequency":"Annual","geography":"Hungary","temporal_coverage":"2000/2024","unit":"% of GDP","last_updated":"2026-07-27","last_updated_text":"27 July 2026","data_as_of":"2024","variable_measured":"Hungary Non-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":"Hungary"},{"label":"Last updated","value":"27 July 2026"}],"kpis":[{"label":"Hungary (2024)","value":"1.3","unit":"% of GDP","trend":{"direction":"up","value":"+0.1pp YoY"}},{"label":"YoY Change","value":"+0.1pp","unit":"percentage points"},{"label":"Trend","value":"up","unit":""},{"label":"Series length","value":"25","unit":"years of data"}],"series":[{"key":"value","label":"Hungary Non-Life Insurance Premium Penetration (% of GDP)"}],"observation_count":25,"observations":[{"period":"2000","value":1.529},{"period":"2001","value":1.583},{"period":"2002","value":1.676},{"period":"2003","value":1.751},{"period":"2004","value":1.683},{"period":"2005","value":1.701},{"period":"2006","value":1.654},{"period":"2007","value":1.618},{"period":"2008","value":1.527},{"period":"2009","value":1.533},{"period":"2010","value":1.421},{"period":"2011","value":1.28},{"period":"2012","value":1.208},{"period":"2013","value":1.167},{"period":"2014","value":1.125},{"period":"2015","value":1.143},{"period":"2016","value":1.207},{"period":"2017","value":1.223},{"period":"2018","value":1.23},{"period":"2019","value":1.313},{"period":"2020","value":1.363},{"period":"2021","value":1.293},{"period":"2022","value":1.222},{"period":"2023","value":1.22},{"period":"2024","value":1.274}],"table":{"columns":[{"key":"year","label":"Year"},{"key":"value","label":"% of GDP"},{"key":"yoyChange","label":"YoY Change"}],"rows":[{"year":"2024","value":"1.3","yoyChange":"+0.1pp"},{"year":"2023","value":"1.2","yoyChange":"unchanged"},{"year":"2022","value":"1.2","yoyChange":"-0.1pp"},{"year":"2021","value":"1.3","yoyChange":"-0.1pp"},{"year":"2020","value":"1.4","yoyChange":"+0.1pp"},{"year":"2019","value":"1.3","yoyChange":"+0.1pp"},{"year":"2018","value":"1.2","yoyChange":"unchanged"},{"year":"2017","value":"1.2","yoyChange":"unchanged"},{"year":"2016","value":"1.2","yoyChange":"+0.1pp"},{"year":"2015","value":"1.1","yoyChange":"unchanged"},{"year":"2014","value":"1.1","yoyChange":"-0.1pp"},{"year":"2013","value":"1.2","yoyChange":"unchanged"},{"year":"2012","value":"1.2","yoyChange":"-0.1pp"},{"year":"2011","value":"1.3","yoyChange":"-0.1pp"},{"year":"2010","value":"1.4","yoyChange":"-0.1pp"},{"year":"2009","value":"1.5","yoyChange":"unchanged"},{"year":"2008","value":"1.5","yoyChange":"-0.1pp"},{"year":"2007","value":"1.6","yoyChange":"-0.1pp"},{"year":"2006","value":"1.7","yoyChange":"unchanged"},{"year":"2005","value":"1.7","yoyChange":"unchanged"}]},"qa":[{"question":"What does this indicator measure?","answer":"This page tracks non-life insurance (P&C) gross written premiums as a share of GDP in Hungary from 2000 to present. Non-life penetration measures commercial risk transfer capacity and SME insurance coverage depth. 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 1.8 % of GDP in 2003 and reached its lowest recorded value of 1.1 in 2014. The latest reading of 1.3 in 2024 represents a change of +0.1pp."}]}