Norway Insurance Premium Penetration (% of GDP) (2024)
Norway's Insurance Premium Penetration (% of GDP): 5.9 % of GDP in 2024, +0.2pp YoY. OECD (OECD.DAF.CM:DSD_INS@DF_IND), 2000–2024.
Norway (2024)
5.9
% of GDP
+0.2pp YoY
YoY Change
+0.2pp
percentage points
Trend
up
Series length
25
years of data
Data
| Year | % of GDP | YoY Change |
|---|---|---|
| 2024 | 5.9 | +0.2pp |
| 2023 | 5.7 | +1.4pp |
| 2022 | 4.3 | -1.2pp |
| 2021 | 5.5 | -0.3pp |
| 2020 | 5.8 | +0.4pp |
| 2019 | 5.4 | +0.4pp |
| 2018 | 5 | -0.1pp |
| 2017 | 5.1 | -0.5pp |
| 2016 | 5.6 | +0.3pp |
| 2015 | 5.3 | unchanged |
| 2014 | 5.3 | +0.4pp |
| 2013 | 4.9 | -0.1pp |
| 2012 | 5 | +0.3pp |
| 2011 | 4.7 | -0.1pp |
| 2010 | 4.8 | -0.7pp |
| 2009 | 5.5 | +0.3pp |
| 2008 | 5.2 | +0.3pp |
| 2007 | 4.9 | +0.2pp |
| 2006 | 4.7 | -0.8pp |
| 2005 | 5.5 | -0.2pp |
About this Dataset
Norway recorded 5.9 % of GDP in 2024. The latest change was +0.2pp. Across 2000–2024 the series ranges from 4.3 % of GDP in 2022 to 5.9 % of GDP in 2024.
This page tracks total insurance gross written premiums as a share of GDP in Norway. Insurance penetration is the primary measure of financial services sector development and household risk protection depth.
Data sourced from OECD via SDMX REST API. Values use harmonised methodology intended for cross-country comparison.
Frequently Asked Questions
This page tracks total insurance gross written premiums as a share of GDP in Norway. Insurance penetration is the primary measure of financial services sector development and household risk protection depth. It is published by OECD and updated annually.
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).
The series is at its highest recorded level, 5.9 % of GDP in 2024, up from a low of 4.3 % of GDP in 2022. The latest change was +0.2pp.