Balance sheet and income statement of insurance companies — Gross in Belgium

Belgium: Balance sheet and income statement of insurance companies — Gross was 265,010 Euro in 2024. ▲ Rising

Latest (2024)
265,010 Euro
Change on year
up 3.9%
World rank
14th
of 46 countries
All-time high
275,296 Euro
in 2021
All-time low
199,326 Euro
in 2009
Years of data
16
2009–2024

Balance sheet and income statement of insurance companies — Gross in Belgium, 2009–2024

0100.0k200.0k300.0k2009201620242009: 199.3k Euro2010: 211.0k Euro2011: 217.5k Euro2012: 226.5k Euro2013: 231.5k Euro2014: 239.8k Euro2015: 242.1k Euro2016: 243.4k Euro2017: 245.2k Euro2018: 243.6k Euro2019: 261.2k Euro2020: 254.9k Euro2021: 275.3k Euro2022: 272.3k Euro2023: 255.1k Euro2024: 265.0k Euro

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

Analysis

In 2024, balance sheet and income statement of insurance companies — gross in Belgium stood at 265,010 Euro.

The figure is up 3.9% on the previous year and up 10.5% over ten years.

Over the whole period, balance sheet and income statement of insurance companies — gross in Belgium peaked at 275,296 Euro in 2021 and was at its lowest, 199,326 Euro, in 2009.

That places Belgium 14th 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 Belgium, year by year

Annual values for Balance sheet and income statement of insurance companies — Gross technical provisions in Belgium, 2009 to 2024.
Year Euro Change
2009 199,326 Euro
2010 210,985 Euro +5.8%
2011 217,536 Euro +3.1%
2012 226,459 Euro +4.1%
2013 231,452 Euro +2.2%
2014 239,782 Euro +3.6%
2015 242,058 Euro +0.9%
2016 243,410 Euro +0.6%
2017 245,192 Euro +0.7%
2018 243,607 Euro -0.6%
2019 261,166 Euro +7.2%
2020 254,870 Euro -2.4%
2021 275,296 Euro +8.0%
2022 272,268 Euro -1.1%
2023 255,060 Euro -6.3%
2024 265,010 Euro +3.9%

Averages by decade

DecadeAverage LowestHighest Years
2000s 199,326 Euro 199,326 Euro 199,326 Euro 1
2010s 236,165 Euro 210,985 Euro 261,166 Euro 10
2020s 264,501 Euro 254,870 Euro 275,296 Euro 5

Countries ranked near Belgium

  1. 11 Switzerland 382,518 Euro compare
  2. 12 Brazil 297,736 Euro compare
  3. 13 Luxembourg 284,477 Euro compare
  4. 15 Spain 255,567 Euro compare
  5. 16 Singapore 209,120 Euro compare
  6. 17 Norway 200,411 Euro compare

See the full ranking of 56 places →

More economy & growth data for Belgium

All data for Belgium →

Frequently asked questions

What is balance sheet and income statement of insurance companies — gross in Belgium?
Balance sheet and income statement of insurance companies — gross in Belgium was 265,010 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 Belgium?
The highest recorded value was 275,296 Euro in 2021.
What is the lowest balance sheet and income statement of insurance companies — gross recorded in Belgium?
The lowest recorded value was 199,326 Euro in 2009.
How does Belgium rank for balance sheet and income statement of insurance companies — gross?
Belgium ranks 14th out of 46 countries with data for 2024.
Is balance sheet and income statement of insurance companies — gross rising or falling in Belgium?
Over the last ten years it is up 10.5%. The long-run trend across the full record is rising.
Where does this Belgium 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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Balance sheet and income statement of insurance companies — Gross in Belgium. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 12 September 2026, from https://economy.statizoid.com/stat/balance-sheet-and-income-statement-of-insurance-companies-gross-technical-provisions/belgium/

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About this data

Indicator
Balance sheet and income statement of insurance companies — Gross technical provisions
Unit
Euro
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
56 places, 763 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.