{"version":1,"asset_type":"statistical_series","data_type":"time_series","slug":"ie-life-insurance-penetration-gdp","url":"https://apiardata.com/statistics/ie-life-insurance-penetration-gdp","html_url":"https://apiardata.com/statistics/ie-life-insurance-penetration-gdp/","title":"Ireland Life Insurance Premium Penetration (% of GDP) (2024)","description":"Ireland's Life Insurance Premium Penetration (% of GDP): 8.2 % of GDP in 2024, +0.6pp YoY. OECD (OECD.DAF.CM:DSD_INS@DF_IND), 2000–2024.","domain":"markets","category":"Financial Markets","keywords":["Financial Markets","OECD","Ireland","2024"],"publisher":"OECD","frequency":"Annual","geography":"Ireland","temporal_coverage":"2000/2024","unit":"% of GDP","last_updated":"2026-07-27","last_updated_text":"27 July 2026","data_as_of":"2024","variable_measured":"Ireland 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":"24"},{"label":"Geography","value":"Ireland"},{"label":"Last updated","value":"27 July 2026"}],"kpis":[{"label":"Ireland (2024)","value":"8.2","unit":"% of GDP","trend":{"direction":"up","value":"+0.6pp YoY"}},{"label":"YoY Change","value":"+0.6pp","unit":"percentage points"},{"label":"Trend","value":"up","unit":""},{"label":"Series length","value":"24","unit":"years of data"}],"series":[{"key":"value","label":"Ireland Life Insurance Premium Penetration (% of GDP)"}],"observation_count":24,"observations":[{"period":"2000","value":15.43},{"period":"2001","value":9.163},{"period":"2003","value":9.844},{"period":"2004","value":12.205},{"period":"2005","value":13.752},{"period":"2006","value":15.548},{"period":"2007","value":19.268},{"period":"2008","value":15.105},{"period":"2009","value":15.898},{"period":"2010","value":16.257},{"period":"2011","value":14.53},{"period":"2012","value":15.932},{"period":"2013","value":14.875},{"period":"2014","value":16.038},{"period":"2015","value":12.703},{"period":"2016","value":12.074},{"period":"2017","value":11.355},{"period":"2018","value":9.152},{"period":"2019","value":8.79},{"period":"2020","value":7.886},{"period":"2021","value":8.838},{"period":"2022","value":6.083},{"period":"2023","value":7.622},{"period":"2024","value":8.176}],"table":{"columns":[{"key":"year","label":"Year"},{"key":"value","label":"% of GDP"},{"key":"yoyChange","label":"YoY Change"}],"rows":[{"year":"2024","value":"8.2","yoyChange":"+0.6pp"},{"year":"2023","value":"7.6","yoyChange":"+1.5pp"},{"year":"2022","value":"6.1","yoyChange":"-2.7pp"},{"year":"2021","value":"8.8","yoyChange":"+0.9pp"},{"year":"2020","value":"7.9","yoyChange":"-0.9pp"},{"year":"2019","value":"8.8","yoyChange":"-0.4pp"},{"year":"2018","value":"9.2","yoyChange":"-2.2pp"},{"year":"2017","value":"11.4","yoyChange":"-0.7pp"},{"year":"2016","value":"12.1","yoyChange":"-0.6pp"},{"year":"2015","value":"12.7","yoyChange":"-3.3pp"},{"year":"2014","value":"16.0","yoyChange":"+1.1pp"},{"year":"2013","value":"14.9","yoyChange":"-1pp"},{"year":"2012","value":"15.9","yoyChange":"+1.4pp"},{"year":"2011","value":"14.5","yoyChange":"-1.8pp"},{"year":"2010","value":"16.3","yoyChange":"+0.4pp"},{"year":"2009","value":"15.9","yoyChange":"+0.8pp"},{"year":"2008","value":"15.1","yoyChange":"-4.2pp"},{"year":"2007","value":"19.3","yoyChange":"+3.8pp"},{"year":"2006","value":"15.5","yoyChange":"+1.7pp"},{"year":"2005","value":"13.8","yoyChange":"+1.6pp"}]},"qa":[{"question":"What does this indicator measure?","answer":"This page tracks life insurance gross written premiums as a share of GDP in Ireland 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 (24 observations)."},{"question":"What is the long-term trend?","answer":"The series peaked at 19.3 % of GDP in 2007 and reached its lowest recorded value of 6.1 in 2022. The latest reading of 8.2 in 2024 represents a change of +0.6pp."}]}