Korea vs Türkiye: Insurance business written by class of insurance — Gross written

Korea
36,830 Euro
in 2023
Türkiye
4,355 Euro
in 2024
Korea rank
1st
Türkiye rank
2nd

Insurance business written by class of insurance — Gross written over time

  • Korea
  • Türkiye
010.0k20.0k30.0k40.0k198820062024

How they compare

Korea currently reports 36,830 Euro against 4,355 Euro in Türkiye, a difference of 32,475 Euro.

That makes Korea's figure about 8.5 times Türkiye's.

Across all 27 years both countries report, Korea has been ahead every year.

Korea ranks 1st and Türkiye ranks 2nd of 3 groups.

Korea has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Korea Türkiye Difference Ahead
1990s 2,892 Euro 138.73 Euro 2,753 Euro Korea
2000s 5,196 Euro 662.54 Euro 4,533 Euro Korea
2010s 21,423 Euro 1,364 Euro 20,059 Euro Korea
2020s 34,720 Euro 2,046 Euro 32,674 Euro Korea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance business written by class of insurance — gross written, Korea or Türkiye?
Korea, at 36,830 Euro against 4,355 Euro in Türkiye as of 2023.
What is the difference in insurance business written by class of insurance — gross written between Korea and Türkiye?
32,475 Euro, with Korea ahead.
How many years of comparable data are there for Korea and Türkiye?
27 years are reported by both, from 1994 to 2023.
How do Korea and Türkiye rank globally for insurance business written by class of insurance — gross written?
Korea ranks 1st and Türkiye ranks 2nd of 3 groups.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Insurance business written by class of insurance — Gross written premiums. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Korea vs Türkiye: Insurance business written by class of insurance — Gross written. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 15 September 2026, from https://economy.statizoid.com/compare/insurance-business-written-by-class-of-insurance-gross-written-premiums/korea/turkiye-2/

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About this data

Indicator
Insurance business written by class of insurance — Gross written premiums
Unit
Euro
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
54 places, 1,066 data points, 1987–2024
Last refreshed

This dataset covers the breakdown of premiums by insurance class for life and non-life insurance.