Japan vs Latvia: Insurance business written by class of insurance — Net written

Japan
5,992 Euro
in 2024
Latvia
177.78 Euro
in 2024
Japan rank
9th
Latvia rank
6th

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

  • Japan
  • Latvia
05.0k10.0k15.0k20.0k198720052024

How they compare

Japan currently reports 5,992 Euro against 177.78 Euro in Latvia, a difference of 5,814 Euro.

That makes Japan's figure about 33.7 times Latvia's.

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

Japan ranks 9th and Latvia ranks 6th of 40 countries.

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

Head to head by decade

Decade Japan Latvia Difference Ahead
2000s 5,927 Euro 53.58 Euro 5,874 Euro Japan
2010s 6,882 Euro 56.23 Euro 6,826 Euro Japan
2020s 6,169 Euro 126.01 Euro 6,043 Euro Japan

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance business written by class of insurance — net written, Japan or Latvia?
Japan, at 5,992 Euro against 177.78 Euro in Latvia as of 2024.
What is the difference in insurance business written by class of insurance — net written between Japan and Latvia?
5,814 Euro, with Japan ahead.
How many years of comparable data are there for Japan and Latvia?
16 years are reported by both, from 2009 to 2024.
How do Japan and Latvia rank globally for insurance business written by class of insurance — net written?
Japan ranks 9th and Latvia ranks 6th of 40 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Insurance business written by class of insurance — Net written premiums. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Japan vs Latvia: Insurance business written by class of insurance — Net written. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 14 September 2026, from https://economy.statizoid.com/compare/insurance-business-written-by-class-of-insurance-net-written-premiums/japan/latvia-2/

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About this data

Indicator
Insurance business written by class of insurance — Net written premiums
Unit
Euro
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
49 places, 952 data points, 1987–2024
Last refreshed

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