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

Latvia: Balance sheet and income statement of insurance companies — Gross was 1,127 Euro in 2024. ◆ Volatile

Latest (2024)
1,127 Euro
Change on year
up 10.4%
World rank
7th
of 7 countries
All-time high
1,127 Euro
in 2024
All-time low
212.92 Euro
in 2010
Years of data
16
2009–2024

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

2004006008001.0k1.2k2009201620242009: 217.4 Euro2010: 212.9 Euro2011: 229.6 Euro2012: 255.8 Euro2013: 252.5 Euro2014: 398.2 Euro2015: 425.5 Euro2016: 415.3 Euro2017: 493.4 Euro2018: 602.7 Euro2019: 1.1k Euro2020: 1.1k Euro2021: 1.1k Euro2022: 957.9 Euro2023: 1.0k Euro2024: 1.1k Euro

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

Analysis

The most recent figure for balance sheet and income statement of insurance companies — gross in Latvia is 1,127 Euro, measured in 2024. That is the highest value across all 16 years on record.

The figure is up 10.4% on the previous year and up 183.1% over ten years.

Over the whole period, balance sheet and income statement of insurance companies — gross in Latvia peaked at 1,127 Euro in 2024 and was at its lowest, 212.92 Euro, in 2010.

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

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

Annual values for Balance sheet and income statement of insurance companies — Gross technical provisions in Latvia, 2009 to 2024.
Year Euro Change
2009 217.37 Euro
2010 212.92 Euro -2.0%
2011 229.57 Euro +7.8%
2012 255.82 Euro +11.4%
2013 252.49 Euro -1.3%
2014 398.2 Euro +57.7%
2015 425.54 Euro +6.9%
2016 415.26 Euro -2.4%
2017 493.38 Euro +18.8%
2018 602.65 Euro +22.1%
2019 1,056 Euro +75.1%
2020 1,056 Euro +0.0%
2021 1,096 Euro +3.8%
2022 957.93 Euro -12.6%
2023 1,021 Euro +6.6%
2024 1,127 Euro +10.4%

Averages by decade

DecadeAverage LowestHighest Years
2000s 217.37 Euro 217.37 Euro 217.37 Euro 1
2010s 434.14 Euro 212.92 Euro 1,056 Euro 10
2020s 1,052 Euro 957.93 Euro 1,127 Euro 5

Countries ranked near Latvia

  1. 4 Slovenia 5,674 Euro compare
  2. 4 United States of America 1.67 million Euro compare
  3. 5 Estonia 1,646 Euro compare
  4. 5 Germany 1.56 million Euro compare
  5. 6 Lithuania 1,164 Euro compare
  6. 6 Chinese Taipei 966,109 Euro compare
  7. 7 Italy 865,294 Euro compare
  8. 8 Denmark 479,464 Euro compare
  9. 9 Canada 403,579 Euro compare
  10. 10 Ireland 386,407 Euro compare

See the full ranking of 56 places →

More economy & growth data for Latvia

All data for Latvia →

Frequently asked questions

What is balance sheet and income statement of insurance companies — gross in Latvia?
Balance sheet and income statement of insurance companies — gross in Latvia was 1,127 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 Latvia?
The highest recorded value was 1,127 Euro in 2024.
What is the lowest balance sheet and income statement of insurance companies — gross recorded in Latvia?
The lowest recorded value was 212.92 Euro in 2010.
How does Latvia rank for balance sheet and income statement of insurance companies — gross?
Latvia ranks 7th out of 7 countries with data for 2024.
Is balance sheet and income statement of insurance companies — gross rising or falling in Latvia?
Over the last ten years it is up 183.1%. 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 — 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 Latvia. 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/latvia-2/

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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.