{"version":1,"asset_type":"statistical_series","data_type":"time_series","slug":"il-life-insurance-penetration-gdp","url":"https://apiardata.com/statistics/il-life-insurance-penetration-gdp","html_url":"https://apiardata.com/statistics/il-life-insurance-penetration-gdp/","title":"Israel Life Insurance Premium Penetration (% of GDP) (2024)","description":"Israel's Life Insurance Premium Penetration (% of GDP): 1.5 % of GDP in 2024, -0.5pp YoY. OECD (OECD.DAF.CM:DSD_INS@DF_IND), 2006–2024.","domain":"markets","category":"Financial Markets","keywords":["Financial Markets","OECD","Israel","2024"],"publisher":"OECD","frequency":"Annual","geography":"Israel","temporal_coverage":"2006/2024","unit":"% of GDP","last_updated":"2026-07-27","last_updated_text":"27 July 2026","data_as_of":"2024","variable_measured":"Israel 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":"2006–2024"},{"label":"Observations","value":"19"},{"label":"Geography","value":"Israel"},{"label":"Last updated","value":"27 July 2026"}],"kpis":[{"label":"Israel (2024)","value":"1.5","unit":"% of GDP","trend":{"direction":"down","value":"-0.5pp YoY"}},{"label":"YoY Change","value":"-0.5pp","unit":"percentage points"},{"label":"Trend","value":"down","unit":""},{"label":"Series length","value":"19","unit":"years of data"}],"series":[{"key":"value","label":"Israel Life Insurance Premium Penetration (% of GDP)"}],"observation_count":19,"observations":[{"period":"2006","value":2.295},{"period":"2007","value":2.298},{"period":"2008","value":2.437},{"period":"2009","value":2.358},{"period":"2010","value":2.417},{"period":"2011","value":2.492},{"period":"2012","value":2.505},{"period":"2013","value":2.471},{"period":"2014","value":2.357},{"period":"2015","value":2.494},{"period":"2016","value":2.481},{"period":"2017","value":2.614},{"period":"2018","value":2.662},{"period":"2019","value":2.649},{"period":"2020","value":2.567},{"period":"2021","value":2.367},{"period":"2022","value":2.181},{"period":"2023","value":1.96},{"period":"2024","value":1.549}],"table":{"columns":[{"key":"year","label":"Year"},{"key":"value","label":"% of GDP"},{"key":"yoyChange","label":"YoY Change"}],"rows":[{"year":"2024","value":"1.5","yoyChange":"-0.5pp"},{"year":"2023","value":"2.0","yoyChange":"-0.2pp"},{"year":"2022","value":"2.2","yoyChange":"-0.2pp"},{"year":"2021","value":"2.4","yoyChange":"-0.2pp"},{"year":"2020","value":"2.6","yoyChange":"unchanged"},{"year":"2019","value":"2.6","yoyChange":"-0.1pp"},{"year":"2018","value":"2.7","yoyChange":"+0.1pp"},{"year":"2017","value":"2.6","yoyChange":"+0.1pp"},{"year":"2016","value":"2.5","yoyChange":"unchanged"},{"year":"2015","value":"2.5","yoyChange":"+0.1pp"},{"year":"2014","value":"2.4","yoyChange":"-0.1pp"},{"year":"2013","value":"2.5","yoyChange":"unchanged"},{"year":"2012","value":"2.5","yoyChange":"unchanged"},{"year":"2011","value":"2.5","yoyChange":"+0.1pp"},{"year":"2010","value":"2.4","yoyChange":"unchanged"},{"year":"2009","value":"2.4","yoyChange":"unchanged"},{"year":"2008","value":"2.4","yoyChange":"+0.1pp"},{"year":"2007","value":"2.3","yoyChange":"unchanged"},{"year":"2006","value":"2.3","yoyChange":"n/a"}]},"qa":[{"question":"What does this indicator measure?","answer":"This page tracks life insurance gross written premiums as a share of GDP in Israel 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 2006–2024 (19 observations)."},{"question":"What is the long-term trend?","answer":"The series peaked at 2.7 % of GDP in 2018 and reached its lowest recorded value of 1.5 in 2024. The latest reading of 1.5 in 2024 represents a change of -0.5pp."}]}