Balance sheet and income statement of insurance companies — Assets in Latvia

Latvia: Balance sheet and income statement of insurance companies — Assets was 1,703 Euro in 2024. ◆ Volatile

Latest (2024)
1,703 Euro
Change on year
up 11.3%
World rank
7th
of 7 countries
All-time high
1,703 Euro
in 2024
All-time low
356.88 Euro
in 2011
Years of data
16
2009–2024

Balance sheet and income statement of insurance companies — Assets in Latvia, 2009–2024

5001.0k1.5k2009201620242009: 360.1 Euro2010: 362 Euro2011: 356.9 Euro2012: 389.5 Euro2013: 372.8 Euro2014: 577.1 Euro2015: 643.7 Euro2016: 601.7 Euro2017: 708.4 Euro2018: 829.2 Euro2019: 1.4k Euro2020: 1.5k Euro2021: 1.5k Euro2022: 1.4k Euro2023: 1.5k Euro2024: 1.7k Euro

Source: Organisation for Economic Co-operation and Development. Measured in Euro.

Analysis

Latvia recorded 1,703 Euro for balance sheet and income statement of insurance companies — assets in 2024. That is the highest value across all 16 years on record.

The figure is up 11.3% on the previous year and up 195.1% over ten years.

Over the whole period, balance sheet and income statement of insurance companies — assets in Latvia peaked at 1,703 Euro in 2024 and was at its lowest, 356.88 Euro, in 2011.

The series is highly variable year to year, so single readings are best treated with caution.

Balance sheet and income statement of insurance companies — Assets in Latvia, year by year

Annual values for Balance sheet and income statement of insurance companies — Assets in Latvia, 2009 to 2024.
Year Euro Change
2009 360.14 Euro
2010 361.98 Euro +0.5%
2011 356.88 Euro -1.4%
2012 389.51 Euro +9.1%
2013 372.84 Euro -4.3%
2014 577.08 Euro +54.8%
2015 643.69 Euro +11.5%
2016 601.68 Euro -6.5%
2017 708.36 Euro +17.7%
2018 829.18 Euro +17.1%
2019 1,414 Euro +70.5%
2020 1,478 Euro +4.5%
2021 1,529 Euro +3.5%
2022 1,400 Euro -8.5%
2023 1,530 Euro +9.3%
2024 1,703 Euro +11.3%

Averages by decade

DecadeAverage LowestHighest Years
2000s 360.14 Euro 360.14 Euro 360.14 Euro 1
2010s 625.53 Euro 356.88 Euro 1,414 Euro 10
2020s 1,528 Euro 1,400 Euro 1,703 Euro 5

Countries ranked near Latvia

  1. 4 France 2.76 million Euro compare
  2. 4 Slovenia 8,106 Euro compare
  3. 5 Estonia 2,693 Euro compare
  4. 5 Germany 1.96 million Euro compare
  5. 6 Lithuania 2,037 Euro compare
  6. 6 Chinese Taipei 1.10 million Euro compare
  7. 7 Italy 1.10 million Euro compare
  8. 8 Canada 1.03 million Euro compare
  9. 9 Sweden 667,326 Euro compare
  10. 10 Denmark 608,098 Euro compare

See the full ranking of 58 places →

More economy & growth data for Latvia

All data for Latvia →

Frequently asked questions

What is balance sheet and income statement of insurance companies — assets in Latvia?
Balance sheet and income statement of insurance companies — assets in Latvia was 1,703 Euro in 2024, according to Organisation for Economic Co-operation and Development.
What is the highest balance sheet and income statement of insurance companies — assets recorded in Latvia?
The highest recorded value was 1,703 Euro in 2024.
What is the lowest balance sheet and income statement of insurance companies — assets recorded in Latvia?
The lowest recorded value was 356.88 Euro in 2011.
How does Latvia rank for balance sheet and income statement of insurance companies — assets?
Latvia ranks 7th out of 7 countries with data for 2024.
Is balance sheet and income statement of insurance companies — assets rising or falling in Latvia?
Over the last ten years it is up 195.1%. The long-run trend across the full record is volatile.
Where does this Latvia data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of Balance sheet and income statement of insurance companies — Assets. Statizoid updates them automatically from the source API.

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Balance sheet and income statement of insurance companies — Assets in Latvia. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 14 September 2026, from https://economy.statizoid.com/stat/balance-sheet-and-income-statement-of-insurance-companies-assets/latvia-2/

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About this data

Indicator
Balance sheet and income statement of insurance companies — Assets
Unit
Euro
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
58 places, 782 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.