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

Germany: Balance sheet and income statement of insurance companies — Gross was 1.56 million Euro in 2024. ▲ Rising

Latest (2024)
1.56 million Euro
Change on year
up 8.7%
World rank
5th
of 46 countries
All-time high
1.67 million Euro
in 2021
All-time low
1.01 million Euro
in 2009
Years of data
16
2009–2024

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

0500.0k1.0M1.5M2009201620242009: 1.0M Euro2010: 1.1M Euro2011: 1.1M Euro2012: 1.1M Euro2013: 1.2M Euro2014: 1.3M Euro2015: 1.3M Euro2016: 1.4M Euro2017: 1.4M Euro2018: 1.5M Euro2019: 1.6M Euro2020: 1.6M Euro2021: 1.7M Euro2022: 1.3M Euro2023: 1.4M Euro2024: 1.6M 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 Germany stood at 1.56 million Euro.

Compared with earlier readings it is up 8.7% on the previous year and up 23.7% over ten years.

Over the whole period, balance sheet and income statement of insurance companies — gross in Germany peaked at 1.67 million Euro in 2021 and was at its lowest, 1.01 million Euro, in 2009.

That places Germany 5th out of 46 countries with data for 2024, putting it in the top 10%.

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 Germany, year by year

Annual values for Balance sheet and income statement of insurance companies — Gross technical provisions in Germany, 2009 to 2024.
Year Euro Change
2009 1.01 million Euro
2010 1.06 million Euro +4.9%
2011 1.07 million Euro +0.9%
2012 1.14 million Euro +7.2%
2013 1.20 million Euro +5.2%
2014 1.26 million Euro +4.7%
2015 1.31 million Euro +4.4%
2016 1.36 million Euro +3.5%
2017 1.43 million Euro +5.1%
2018 1.47 million Euro +2.8%
2019 1.55 million Euro +5.5%
2020 1.62 million Euro +4.2%
2021 1.67 million Euro +3.5%
2022 1.35 million Euro -19.6%
2023 1.43 million Euro +6.6%
2024 1.56 million Euro +8.7%

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.01 million Euro 1.01 million Euro 1.01 million Euro 1
2010s 1.29 million Euro 1.06 million Euro 1.55 million Euro 10
2020s 1.52 million Euro 1.35 million Euro 1.67 million Euro 5

Countries ranked near Germany

  1. 2 Japan 2.18 million Euro compare
  2. 2 Poland 26,476 Euro compare
  3. 3 France 2.13 million Euro compare
  4. 3 Türkiye 23,539 Euro compare
  5. 3 Croatia 3,584 Euro compare
  6. 4 Slovenia 5,674 Euro compare
  7. 4 United States of America 1.67 million Euro compare
  8. 5 Estonia 1,646 Euro compare
  9. 6 Lithuania 1,164 Euro compare
  10. 6 Chinese Taipei 966,109 Euro compare
  11. 7 Italy 865,294 Euro compare
  12. 7 Latvia 1,127 Euro compare
  13. 8 Denmark 479,464 Euro compare

See the full ranking of 56 places →

More economy & growth data for Germany

All data for Germany →

Frequently asked questions

What is balance sheet and income statement of insurance companies — gross in Germany?
Balance sheet and income statement of insurance companies — gross in Germany was 1.56 million 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 Germany?
The highest recorded value was 1.67 million Euro in 2021.
What is the lowest balance sheet and income statement of insurance companies — gross recorded in Germany?
The lowest recorded value was 1.01 million Euro in 2009.
How does Germany rank for balance sheet and income statement of insurance companies — gross?
Germany ranks 5th out of 46 countries with data for 2024.
Is balance sheet and income statement of insurance companies — gross rising or falling in Germany?
Over the last ten years it is up 23.7%. The long-run trend across the full record is rising.
Where does this Germany 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 Germany. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 10 September 2026, from https://economy.statizoid.com/stat/balance-sheet-and-income-statement-of-insurance-companies-gross-technical-provisions/germany/

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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.