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

Latvia
177.78 Euro
in 2024
Spain
12,757 Euro
in 2024
Latvia rank
6th
Spain rank
4th

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

  • Latvia
  • Spain
05.0k10.0k15.0k198720052024

How they compare

Spain currently reports 12,757 Euro against 177.78 Euro in Latvia, a difference of 12,579 Euro.

That makes Spain's figure about 71.8 times Latvia's.

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

Latvia ranks 6th and Spain ranks 4th of 6 countries.

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

Head to head by decade

Decade Latvia Spain Difference Ahead
2000s 53.58 Euro 6,769 Euro 6,716 Euro Spain
2010s 56.23 Euro 8,130 Euro 8,074 Euro Spain
2020s 126.01 Euro 11,368 Euro 11,242 Euro Spain

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance business written by class of insurance — net written, Latvia or Spain?
Spain, at 12,757 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 Latvia and Spain?
12,579 Euro, with Spain ahead.
How many years of comparable data are there for Latvia and Spain?
16 years are reported by both, from 2009 to 2024.
How do Latvia and Spain rank globally for insurance business written by class of insurance — net written?
Latvia ranks 6th and Spain ranks 4th of 6 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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Latvia vs Spain: 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/latvia-2/spain/

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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.