Norway Life Insurance Premium Penetration (% of GDP) (2024)
Norway's Life Insurance Premium Penetration (% of GDP): 3.3 % of GDP in 2024, unchanged YoY. OECD (OECD.DAF.CM:DSD_INS@DF_IND), 2000–2024.
Norway (2024)
3.3
% of GDP
unchanged YoY
YoY Change
unchanged
percentage points
Trend
neutral
Series length
25
years of data
Data
| Year | % of GDP | YoY Change |
|---|---|---|
| 2024 | 3.3 | unchanged |
| 2023 | 3.3 | +0.9pp |
| 2022 | 2.4 | -0.8pp |
| 2021 | 3.2 | +0.1pp |
| 2020 | 3.1 | +0.1pp |
| 2019 | 3 | +0.2pp |
| 2018 | 2.8 | unchanged |
| 2017 | 2.8 | -0.2pp |
| 2016 | 3 | +0.1pp |
| 2015 | 2.9 | unchanged |
| 2014 | 2.9 | +0.3pp |
| 2013 | 2.6 | -0.1pp |
| 2012 | 2.7 | +0.2pp |
| 2011 | 2.5 | -0.1pp |
| 2010 | 2.6 | -0.5pp |
| 2009 | 3.1 | unchanged |
| 2008 | 3.1 | +0.1pp |
| 2007 | 3 | +0.5pp |
| 2006 | 2.5 | -0.6pp |
| 2005 | 3.1 | +0.1pp |
About this Dataset
Norway recorded 3.3 % of GDP in 2024. That is unchanged on the previous period. Across 2000–2024 the series ranges from 1.9 % of GDP in 2000 to 3.3 % of GDP in 2023.
This page tracks life insurance gross written premiums as a share of GDP in Norway. Life insurance penetration measures the depth of long-term savings mobilisation through the insurance channel.
Data sourced from OECD via SDMX REST API. Values use harmonised methodology intended for cross-country comparison.
Frequently Asked Questions
This page tracks life insurance gross written premiums as a share of GDP in Norway. Life insurance penetration measures the depth of long-term savings mobilisation through the insurance channel. 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 peaked at 3.3 % of GDP in 2023 and reached its lowest recorded value of 1.9 % of GDP in 2000. The latest reading is 3.3 % of GDP in 2024. That is unchanged on the previous period.