Portugal Life Insurance Premium Penetration (% of GDP) (2024)
Portugal's Life Insurance Premium Penetration (% of GDP): 2.3 % of GDP in 2024, +0.4pp YoY. OECD (OECD.DAF.CM:DSD_INS@DF_IND), 2000–2024.
Portugal (2024)
2.3
% of GDP
+0.4pp YoY
YoY Change
+0.4pp
percentage points
Trend
up
Series length
25
years of data
Data
| Year | % of GDP | YoY Change |
|---|---|---|
| 2024 | 2.3 | +0.4pp |
| 2023 | 1.9 | -0.5pp |
| 2022 | 2.4 | -1pp |
| 2021 | 3.4 | +1.3pp |
| 2020 | 2.1 | -1.1pp |
| 2019 | 3.2 | -0.6pp |
| 2018 | 3.8 | +0.4pp |
| 2017 | 3.4 | -0.1pp |
| 2016 | 3.5 | -1.2pp |
| 2015 | 4.7 | -1.2pp |
| 2014 | 5.9 | +0.6pp |
| 2013 | 5.3 | +1.3pp |
| 2012 | 4 | -0.1pp |
| 2011 | 4.1 | -2.5pp |
| 2010 | 6.6 | +0.9pp |
| 2009 | 5.7 | -0.4pp |
| 2008 | 6.1 | +0.9pp |
| 2007 | 5.2 | unchanged |
| 2006 | 5.2 | -0.5pp |
| 2005 | 5.7 | +1.7pp |
About this Dataset
Portugal recorded 2.3 % of GDP in 2024. The latest change was +0.4pp. Across 2000–2024 the series ranges from 1.9 in 2023 to 6.6 in 2010.
This page tracks life insurance gross written premiums as a share of GDP in Portugal from 2000 to present. 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 Portugal 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.
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 6.6 % of GDP in 2010 and reached its lowest recorded value of 1.9 in 2023. The latest reading of 2.3 in 2024 represents a change of +0.4pp.