Turkey Life Insurance Premium Penetration (% of GDP) (2024)
Turkey's Life Insurance Premium Penetration (% of GDP): 0.238 % of GDP in 2024, +0.019pp YoY. OECD (OECD.DAF.CM:DSD_INS@DF_IND), 2000–2024.
Turkey (2024)
0.238
% of GDP
+0.019pp YoY
YoY Change
+0.019pp
percentage points
Trend
up
Series length
23
years of data
Data
| Year | % of GDP | Change |
|---|---|---|
| 2024 | 0.238 | +0.019pp |
| 2023 | 0.219 | +0.008pp |
| 2022 | 0.211 | -0.063pp |
| 2021 | 0.274 | -0.056pp |
| 2020 | 0.33 | +0.021pp |
| 2019 | 0.309 | +0.087pp |
| 2018 | 0.222 | -0.033pp |
| 2017 | 0.255 | +0.03pp |
| 2016 | 0.225 | +0.067pp |
| 2015 | 0.158 | unchanged |
| 2014 | 0.158 | -0.054pp |
| 2013 | 0.212 | +0.016pp |
| 2012 | 0.196 | -0.024pp |
| 2011 | 0.22 | -0.001pp |
| 2010 | 0.221 | n/a |
| 2007 | 0.15 | +0.029pp |
| 2006 | 0.121 | -0.031pp |
| 2005 | 0.152 | -0.058pp |
| 2004 | 0.21 | -0.009pp |
| 2003 | 0.219 | +0.029pp |
About this Dataset
Turkey recorded 0.238 % of GDP in 2024. The latest change was +0.019pp. Across 2000–2024 the series ranges from 0.121 % of GDP in 2006 to 0.33 % of GDP in 2020.
This page tracks life insurance gross written premiums as a share of GDP in Turkey. 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 Turkey. 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 (23 observations).
The series peaked at 0.33 % of GDP in 2020 and reached its lowest recorded value of 0.121 % of GDP in 2006. The latest reading is 0.238 % of GDP in 2024. The latest change was +0.019pp.