Balance sheet and income statement of insurance companies — Gross in Australia
Australia: Balance sheet and income statement of insurance companies — Gross was 111,439 Euro in 2024. ▲ Rising
Balance sheet and income statement of insurance companies — Gross in Australia, 2009–2024
Source: Organisation for Economic Co-operation and Development. Measured in Euro.
Analysis
Australia recorded 111,439 Euro for balance sheet and income statement of insurance companies — gross in 2024.
The figure is up 8.1% on the previous year and up 139.5% over ten years.
Over the whole period, balance sheet and income statement of insurance companies — gross in Australia peaked at 140,437 Euro in 2019 and was at its lowest, 30,971 Euro, in 2009.
That places Australia 21st out of 46 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 16 years of available data.
Balance sheet and income statement of insurance companies — Gross in Australia, year by year
| Year | Euro | Change |
|---|---|---|
| 2009 | 30,971 Euro | — |
| 2010 | 40,557 Euro | +31.0% |
| 2011 | 52,205 Euro | +28.7% |
| 2012 | 51,060 Euro | -2.2% |
| 2013 | 42,429 Euro | -16.9% |
| 2014 | 46,528 Euro | +9.7% |
| 2015 | 48,024 Euro | +3.2% |
| 2016 | 49,918 Euro | +3.9% |
| 2017 | 47,126 Euro | -5.6% |
| 2018 | 46,825 Euro | -0.6% |
| 2019 | 140,437 Euro | +199.9% |
| 2020 | 100,634 Euro | -28.3% |
| 2021 | 107,903 Euro | +7.2% |
| 2022 | 106,590 Euro | -1.2% |
| 2023 | 103,118 Euro | -3.3% |
| 2024 | 111,439 Euro | +8.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 30,971 Euro | 30,971 Euro | 30,971 Euro | 1 |
| 2010s | 56,511 Euro | 40,557 Euro | 140,437 Euro | 10 |
| 2020s | 105,937 Euro | 100,634 Euro | 111,439 Euro | 5 |
Countries ranked near Australia
More economy & growth data for Australia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.36 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.26 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -4.55 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0025 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -164.69 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 36.52 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -32.02 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0203 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,323 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 20.24 % change on previous year (2025)
Frequently asked questions
- What is balance sheet and income statement of insurance companies — gross in Australia?
- Balance sheet and income statement of insurance companies — gross in Australia was 111,439 Euro in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest balance sheet and income statement of insurance companies — gross recorded in Australia?
- The highest recorded value was 140,437 Euro in 2019.
- What is the lowest balance sheet and income statement of insurance companies — gross recorded in Australia?
- The lowest recorded value was 30,971 Euro in 2009.
- How does Australia rank for balance sheet and income statement of insurance companies — gross?
- Australia ranks 21st out of 46 countries with data for 2024.
- Is balance sheet and income statement of insurance companies — gross rising or falling in Australia?
- Over the last ten years it is up 139.5%. The long-run trend across the full record is rising.
- Where does this Australia 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 — Gross technical provisions. Statizoid updates them automatically from the source API.
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About this data
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.