India Non-Life Insurance Premium Penetration (% of GDP) (2020)
India's Non-Life Insurance Premium Penetration (% of GDP): 1 % of GDP in 2020, unchanged YoY. OECD (OECD.DAF.CM:DSD_INS@DF_IND), 2011–2020.
India (2020)
1
% of GDP
unchanged YoY
YoY Change
unchanged
percentage points
Trend
neutral
Series length
6
years of data
Data
| Year | % of GDP | Change |
|---|---|---|
| 2020 | 1 | unchanged |
| 2019 | 1 | n/a |
| 2017 | 0.9 | unchanged |
| 2016 | 0.9 | +0.2pp |
| 2015 | 0.7 | n/a |
| 2011 | 0.5 | n/a |
About this Dataset
India recorded 1 % of GDP in 2020. That is unchanged on the previous period. Across 2011–2020 the series ranges from 0.5 in 2011 to 1 in 2020.
This page tracks non-life insurance (P&C) gross written premiums as a share of GDP in India from 2000 to present. Non-life penetration measures commercial risk transfer capacity and SME insurance coverage depth.
Data sourced from OECD via SDMX REST API. Values use harmonised methodology intended for cross-country comparison.
Frequently Asked Questions
This page tracks non-life insurance (P&C) gross written premiums as a share of GDP in India 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.
The most recent observation covers 2020. OECD typically publishes this series with a lag of several months after the reference period. The series runs 2011–2020 (6 observations).
The series peaked at 1 % of GDP in 2020 and reached its lowest recorded value of 0.5 in 2011. The latest reading of 1 in 2020 is unchanged on the previous period.