Germany vs Latvia: Insurance business written by class of insurance — Premiums ceded

Germany
3,459 Euro
in 2024
Latvia
4.65 Euro
in 2024
Germany rank
2nd
Latvia rank
5th

Insurance business written by class of insurance — Premiums ceded over time

  • Germany
  • Latvia
01.0k2.0k3.0k4.0k198720052024

How they compare

Germany currently reports 3,459 Euro against 4.65 Euro in Latvia, a difference of 3,454 Euro.

That makes Germany's figure about 743.9 times Latvia's.

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

Germany ranks 2nd and Latvia ranks 5th of 40 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 2,918 Euro 2.83 Euro 2,915 Euro Germany
2010s 1,718 Euro 0.1882 Euro 1,718 Euro Germany
2020s 3,381 Euro 3.58 Euro 3,377 Euro Germany

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance business written by class of insurance — premiums ceded, Germany or Latvia?
Germany, at 3,459 Euro against 4.65 Euro in Latvia as of 2024.
What is the difference in insurance business written by class of insurance — premiums ceded between Germany and Latvia?
3,454 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 insurance business written by class of insurance — premiums ceded?
Germany ranks 2nd and Latvia ranks 5th 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 — Premiums ceded. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Germany vs Latvia: Insurance business written by class of insurance — Premiums ceded. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 12 September 2026, from https://economy.statizoid.com/compare/insurance-business-written-by-class-of-insurance-premiums-ceded/germany/latvia-2/

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About this data

Indicator
Insurance business written by class of insurance — Premiums ceded
Unit
Euro
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
49 places, 937 data points, 1987–2024
Last refreshed

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