{"version":1,"asset_type":"statistical_series","data_type":"time_series","slug":"us-insurance-penetration-gdp","url":"https://apiardata.com/statistics/us-insurance-penetration-gdp","html_url":"https://apiardata.com/statistics/us-insurance-penetration-gdp/","title":"United States Insurance Premium Penetration (% of GDP) (2024)","description":"United States's Insurance Premium Penetration (% of GDP): 12.7 % of GDP in 2024, +0.7pp YoY. OECD (OECD.DAF.CM:DSD_INS@DF_IND), 2000–2024.","domain":"markets","category":"Financial Markets","keywords":["Financial Markets","OECD","United States","2024"],"publisher":"OECD","frequency":"Annual","geography":"United States","temporal_coverage":"2000/2024","unit":"% of GDP","last_updated":"2026-07-27","last_updated_text":"27 July 2026","data_as_of":"2024","variable_measured":"United States 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":"25"},{"label":"Geography","value":"United States"},{"label":"Last updated","value":"27 July 2026"}],"kpis":[{"label":"United States (2024)","value":"12.7","unit":"% of GDP","trend":{"direction":"up","value":"+0.7pp YoY"}},{"label":"YoY Change","value":"+0.7pp","unit":"percentage points"},{"label":"Trend","value":"up","unit":""},{"label":"Series length","value":"25","unit":"years of data"}],"series":[{"key":"value","label":"United States Insurance Premium Penetration (% of GDP)"}],"observation_count":25,"observations":[{"period":"2000","value":10.273},{"period":"2001","value":10.059},{"period":"2002","value":10.169},{"period":"2003","value":10.512},{"period":"2004","value":10.398},{"period":"2005","value":10.238},{"period":"2006","value":10.301},{"period":"2007","value":10.807},{"period":"2008","value":10.833},{"period":"2009","value":11.083},{"period":"2010","value":10.76},{"period":"2011","value":10.985},{"period":"2012","value":11.118},{"period":"2013","value":10.655},{"period":"2014","value":10.802},{"period":"2015","value":11.06},{"period":"2016","value":11.172},{"period":"2017","value":11.142},{"period":"2018","value":11.224},{"period":"2019","value":11.437},{"period":"2020","value":12.257},{"period":"2021","value":12.015},{"period":"2022","value":11.895},{"period":"2023","value":11.975},{"period":"2024","value":12.676}],"table":{"columns":[{"key":"year","label":"Year"},{"key":"value","label":"% of GDP"},{"key":"yoyChange","label":"YoY Change"}],"rows":[{"year":"2024","value":"12.7","yoyChange":"+0.7pp"},{"year":"2023","value":"12.0","yoyChange":"+0.1pp"},{"year":"2022","value":"11.9","yoyChange":"-0.1pp"},{"year":"2021","value":"12.0","yoyChange":"-0.3pp"},{"year":"2020","value":"12.3","yoyChange":"+0.9pp"},{"year":"2019","value":"11.4","yoyChange":"+0.2pp"},{"year":"2018","value":"11.2","yoyChange":"+0.1pp"},{"year":"2017","value":"11.1","yoyChange":"-0.1pp"},{"year":"2016","value":"11.2","yoyChange":"+0.1pp"},{"year":"2015","value":"11.1","yoyChange":"+0.3pp"},{"year":"2014","value":"10.8","yoyChange":"+0.1pp"},{"year":"2013","value":"10.7","yoyChange":"-0.4pp"},{"year":"2012","value":"11.1","yoyChange":"+0.1pp"},{"year":"2011","value":"11.0","yoyChange":"+0.2pp"},{"year":"2010","value":"10.8","yoyChange":"-0.3pp"},{"year":"2009","value":"11.1","yoyChange":"+0.3pp"},{"year":"2008","value":"10.8","yoyChange":"unchanged"},{"year":"2007","value":"10.8","yoyChange":"+0.5pp"},{"year":"2006","value":"10.3","yoyChange":"+0.1pp"},{"year":"2005","value":"10.2","yoyChange":"-0.2pp"}]},"qa":[{"question":"What does this indicator measure?","answer":"This page tracks total insurance gross written premiums as a share of GDP in United States from 2000 to present. Insurance penetration is the primary measure of financial services sector development and household risk protection depth. 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 (25 observations)."},{"question":"What is the long-term trend?","answer":"The series peaked at 12.7 % of GDP in 2024 and reached its lowest recorded value of 10.1 in 2001. The latest reading of 12.7 in 2024 represents a change of +0.7pp."}]}