Germany vs Latvia: Balance sheet and income statement of insurance companies — Gross

Germany
1.56 million Euro
in 2024
Latvia
1,127 Euro
in 2024
Germany rank
5th
Latvia rank
7th

Balance sheet and income statement of insurance companies — Gross over time

  • Germany
  • Latvia
0500.0k1.0M1.5M200920162024

How they compare

Germany currently reports 1.56 million Euro against 1,127 Euro in Latvia, a difference of 1.56 million Euro.

That makes Germany's figure about 1,382.7 times Latvia's.

Across all 16 years both countries report, Germany has been ahead every year.

Germany ranks 5th and Latvia ranks 7th of 46 countries.

Germany has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Germany Latvia Difference Ahead
2000s 1.01 million Euro 217.37 Euro 1.01 million Euro Germany
2010s 1.29 million Euro 434.14 Euro 1.28 million Euro Germany
2020s 1.52 million Euro 1,052 Euro 1.52 million Euro Germany

Averages of every year both report within each decade.

Frequently asked questions

Which has higher balance sheet and income statement of insurance companies — gross, Germany or Latvia?
Germany, at 1.56 million Euro against 1,127 Euro in Latvia as of 2024.
What is the difference in balance sheet and income statement of insurance companies — gross between Germany and Latvia?
1.56 million Euro, with Germany ahead.
How many years of comparable data are there for Germany and Latvia?
16 years are reported by both, from 2009 to 2024.
How do Germany and Latvia rank globally for balance sheet and income statement of insurance companies — gross?
Germany ranks 5th and Latvia ranks 7th of 46 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Balance sheet and income statement of insurance companies — Gross technical provisions. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Germany vs Latvia: Balance sheet and income statement of insurance companies — Gross. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 14 September 2026, from https://economy.statizoid.com/compare/balance-sheet-and-income-statement-of-insurance-companies-gross-technical-provisions/germany/latvia-2/

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About this data

Indicator
Balance sheet and income statement of insurance companies — Gross technical provisions
Unit
Euro
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
56 places, 763 data points, 2006–2024
Last refreshed

This dataset covers multiple items pertaining to the balance sheet and income statement of direct insurers and reinsurers, such as assets, technical provisions, shareholders' equity, net income, gross claims paid, gross operating expenses, commissions and changes in outstanding claims provisions.