{"version":1,"asset_type":"statistical_series","data_type":"time_series","slug":"jp-non-life-insurance-penetration-gdp","url":"https://apiardata.com/statistics/jp-non-life-insurance-penetration-gdp","html_url":"https://apiardata.com/statistics/jp-non-life-insurance-penetration-gdp/","title":"Japan Non-Life Insurance Premium Penetration (% of GDP) (2024)","description":"Japan's Non-Life Insurance Premium Penetration (% of GDP): 1.7 % of GDP in 2024, unchanged YoY. OECD (OECD.DAF.CM:DSD_INS@DF_IND), 2000–2024.","domain":"markets","category":"Financial Markets","keywords":["Financial Markets","OECD","Japan","2024"],"publisher":"OECD","frequency":"Annual","geography":"Japan","temporal_coverage":"2000/2024","unit":"% of GDP","last_updated":"2026-07-27","last_updated_text":"27 July 2026","data_as_of":"2024","variable_measured":"Japan 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":"21"},{"label":"Geography","value":"Japan"},{"label":"Last updated","value":"27 July 2026"}],"kpis":[{"label":"Japan (2024)","value":"1.7","unit":"% of GDP","trend":{"direction":"neutral","value":"unchanged YoY"}},{"label":"YoY Change","value":"unchanged","unit":"percentage points"},{"label":"Trend","value":"neutral","unit":""},{"label":"Series length","value":"21","unit":"years of data"}],"series":[{"key":"value","label":"Japan Non-Life Insurance Premium Penetration (% of GDP)"}],"observation_count":21,"observations":[{"period":"2000","value":1.852},{"period":"2001","value":1.735},{"period":"2002","value":1.777},{"period":"2003","value":1.751},{"period":"2004","value":1.474},{"period":"2005","value":1.493},{"period":"2006","value":1.519},{"period":"2007","value":1.485},{"period":"2008","value":1.477},{"period":"2009","value":1.55},{"period":"2010","value":1.481},{"period":"2011","value":1.511},{"period":"2016","value":1.676},{"period":"2017","value":1.627},{"period":"2018","value":1.685},{"period":"2019","value":1.731},{"period":"2020","value":1.791},{"period":"2021","value":1.763},{"period":"2022","value":1.799},{"period":"2023","value":1.707},{"period":"2024","value":1.73}],"table":{"columns":[{"key":"year","label":"Year"},{"key":"value","label":"% of GDP"},{"key":"yoyChange","label":"Change"}],"rows":[{"year":"2024","value":"1.7","yoyChange":"unchanged"},{"year":"2023","value":"1.7","yoyChange":"-0.1pp"},{"year":"2022","value":"1.8","yoyChange":"unchanged"},{"year":"2021","value":"1.8","yoyChange":"unchanged"},{"year":"2020","value":"1.8","yoyChange":"+0.1pp"},{"year":"2019","value":"1.7","yoyChange":"unchanged"},{"year":"2018","value":"1.7","yoyChange":"+0.1pp"},{"year":"2017","value":"1.6","yoyChange":"-0.1pp"},{"year":"2016","value":"1.7","yoyChange":"n/a"},{"year":"2011","value":"1.5","yoyChange":"unchanged"},{"year":"2010","value":"1.5","yoyChange":"-0.1pp"},{"year":"2009","value":"1.6","yoyChange":"+0.1pp"},{"year":"2008","value":"1.5","yoyChange":"unchanged"},{"year":"2007","value":"1.5","yoyChange":"unchanged"},{"year":"2006","value":"1.5","yoyChange":"unchanged"},{"year":"2005","value":"1.5","yoyChange":"unchanged"},{"year":"2004","value":"1.5","yoyChange":"-0.3pp"},{"year":"2003","value":"1.8","yoyChange":"unchanged"},{"year":"2002","value":"1.8","yoyChange":"+0.1pp"},{"year":"2001","value":"1.7","yoyChange":"-0.2pp"}]},"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 Japan 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 (21 observations)."},{"question":"What is the long-term trend?","answer":"The series peaked at 1.9 % of GDP in 2000 and reached its lowest recorded value of 1.5 in 2004. The latest reading of 1.7 in 2024 is unchanged on the previous period."}]}