{"version":1,"asset_type":"statistical_series","data_type":"time_series","slug":"tr-life-insurance-penetration-gdp","url":"https://apiardata.com/statistics/tr-life-insurance-penetration-gdp","html_url":"https://apiardata.com/statistics/tr-life-insurance-penetration-gdp/","title":"Turkey Life Insurance Premium Penetration (% of GDP) (2024)","description":"Turkey's Life Insurance Premium Penetration (% of GDP): 0.2 % 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","Turkey","2024"],"publisher":"OECD","frequency":"Annual","geography":"Turkey","temporal_coverage":"2000/2024","unit":"% of GDP","last_updated":"2026-07-27","last_updated_text":"27 July 2026","data_as_of":"2024","variable_measured":"Turkey 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":"23"},{"label":"Geography","value":"Turkey"},{"label":"Last updated","value":"27 July 2026"}],"kpis":[{"label":"Turkey (2024)","value":"0.2","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":"23","unit":"years of data"}],"series":[{"key":"value","label":"Turkey Life Insurance Premium Penetration (% of GDP)"}],"observation_count":23,"observations":[{"period":"2000","value":0.197},{"period":"2001","value":0.187},{"period":"2002","value":0.19},{"period":"2003","value":0.219},{"period":"2004","value":0.21},{"period":"2005","value":0.152},{"period":"2006","value":0.121},{"period":"2007","value":0.15},{"period":"2010","value":0.221},{"period":"2011","value":0.22},{"period":"2012","value":0.196},{"period":"2013","value":0.212},{"period":"2014","value":0.158},{"period":"2015","value":0.158},{"period":"2016","value":0.225},{"period":"2017","value":0.255},{"period":"2018","value":0.222},{"period":"2019","value":0.309},{"period":"2020","value":0.33},{"period":"2021","value":0.274},{"period":"2022","value":0.211},{"period":"2023","value":0.219},{"period":"2024","value":0.238}],"table":{"columns":[{"key":"year","label":"Year"},{"key":"value","label":"% of GDP"},{"key":"yoyChange","label":"Change"}],"rows":[{"year":"2024","value":"0.2","yoyChange":"unchanged"},{"year":"2023","value":"0.2","yoyChange":"unchanged"},{"year":"2022","value":"0.2","yoyChange":"-0.1pp"},{"year":"2021","value":"0.3","yoyChange":"unchanged"},{"year":"2020","value":"0.3","yoyChange":"unchanged"},{"year":"2019","value":"0.3","yoyChange":"+0.1pp"},{"year":"2018","value":"0.2","yoyChange":"-0.1pp"},{"year":"2017","value":"0.3","yoyChange":"+0.1pp"},{"year":"2016","value":"0.2","yoyChange":"unchanged"},{"year":"2015","value":"0.2","yoyChange":"unchanged"},{"year":"2014","value":"0.2","yoyChange":"unchanged"},{"year":"2013","value":"0.2","yoyChange":"unchanged"},{"year":"2012","value":"0.2","yoyChange":"unchanged"},{"year":"2011","value":"0.2","yoyChange":"unchanged"},{"year":"2010","value":"0.2","yoyChange":"n/a"},{"year":"2007","value":"0.1","yoyChange":"unchanged"},{"year":"2006","value":"0.1","yoyChange":"-0.1pp"},{"year":"2005","value":"0.2","yoyChange":"unchanged"},{"year":"2004","value":"0.2","yoyChange":"unchanged"},{"year":"2003","value":"0.2","yoyChange":"unchanged"}]},"qa":[{"question":"What does this indicator measure?","answer":"This page tracks life insurance gross written premiums as a share of GDP in Turkey 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."},{"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 (23 observations)."},{"question":"What is the long-term trend?","answer":"The series peaked at 0.3 % of GDP in 2020 and reached its lowest recorded value of 0.1 in 2006. The latest reading of 0.2 in 2024 is unchanged on the previous period."}]}