Insurance business written by class of insurance — Gross written in Canada
Canada: Insurance business written by class of insurance — Gross written was 15,889 Euro in 2018. ◆ Volatile
Latest (2018)
15,889 Euro
Change on year
down 12.0%
World rank
4th
of 44 countries
All-time high
22,552 Euro
in 2007
All-time low
113.75 Euro
in 1987
Years of data
32
1987–2018
Insurance business written by class of insurance — Gross written in Canada, 1987–2018
Source: Organisation for Economic Co-operation and Development. Measured in Euro.
Analysis
The most recent figure for insurance business written by class of insurance — gross written in Canada is 15,889 Euro, measured in 2018.
Compared with earlier readings it is down 12.0% on the previous year and down 27.1% over ten years.
Over the whole period, insurance business written by class of insurance — gross written in Canada peaked at 22,552 Euro in 2007 and was at its lowest, 113.75 Euro, in 1987.
That places Canada 4th out of 44 countries with data for 2018, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Insurance business written by class of insurance — Gross written in Canada, year by year
| Year | Euro | Change |
|---|---|---|
| 1987 | 113.75 Euro | — |
| 1988 | 2,792 Euro | +2354.4% |
| 1989 | 3,507 Euro | +25.6% |
| 1990 | 3,277 Euro | -6.6% |
| 1991 | 3,551 Euro | +8.4% |
| 1992 | 3,285 Euro | -7.5% |
| 1993 | 1,070 Euro | -67.4% |
| 1994 | 256.75 Euro | -76.0% |
| 1995 | 376.79 Euro | +46.8% |
| 1996 | 4,135 Euro | +997.5% |
| 1997 | 4,767 Euro | +15.3% |
| 1998 | 4,686 Euro | -1.7% |
| 1999 | 10,542 Euro | +125.0% |
| 2000 | 12,868 Euro | +22.1% |
| 2001 | 14,738 Euro | +14.5% |
| 2002 | 15,206 Euro | +3.2% |
| 2003 | 16,353 Euro | +7.5% |
| 2004 | 17,162 Euro | +4.9% |
| 2005 | 18,971 Euro | +10.5% |
| 2006 | 21,086 Euro | +11.2% |
| 2007 | 22,552 Euro | +7.0% |
| 2008 | 21,784 Euro | -3.4% |
| 2009 | 10,910 Euro | -49.9% |
| 2010 | 13,212 Euro | +21.1% |
| 2011 | 18,695 Euro | +41.5% |
| 2012 | 15,322 Euro | -18.0% |
| 2013 | 14,810 Euro | -3.3% |
| 2014 | 17,516 Euro | +18.3% |
| 2015 | 18,585 Euro | +6.1% |
| 2016 | 17,681 Euro | -4.9% |
| 2017 | 18,054 Euro | +2.1% |
| 2018 | 15,889 Euro | -12.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2,138 Euro | 113.75 Euro | 3,507 Euro | 3 |
| 1990s | 3,595 Euro | 256.75 Euro | 10,542 Euro | 10 |
| 2000s | 17,163 Euro | 10,910 Euro | 22,552 Euro | 10 |
| 2010s | 16,640 Euro | 13,212 Euro | 18,695 Euro | 9 |
Countries ranked near Canada
- 1 Netherlands 63,299 Euro compare
- 1 United States of America 1.21 million Euro compare
- 2 Türkiye 4,355 Euro compare
- 2 Germany 68,305 Euro compare
- 2 Croatia 143.68 Euro
- 3 Poland 1,128 Euro compare
- 3 Switzerland 22,220 Euro compare
- 4 Slovenia 208.05 Euro compare
- 5 Lithuania 189.73 Euro compare
- 5 United Kingdom of Great Britain and Northern Ireland 15,421 Euro compare
- 6 Latvia 182.43 Euro compare
- 6 Spain 13,388 Euro compare
- 7 Estonia 158 Euro compare
- 7 Italy 9,047 Euro compare
More economy & growth data for Canada
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.8812 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.66 Percent per annum (2029)
- Total reserves minus gold (current US$), annual growth rate 4.88 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.0542 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 3,016 current US$ per person (2025)
- General government final consumption expenditure (current US$) 4.43 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.219 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 12,201 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 6.62 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 0.3063 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is insurance business written by class of insurance — gross written in Canada?
- Insurance business written by class of insurance — gross written in Canada was 15,889 Euro in 2018, according to Organisation for Economic Co-operation and Development.
- What is the highest insurance business written by class of insurance — gross written recorded in Canada?
- The highest recorded value was 22,552 Euro in 2007.
- What is the lowest insurance business written by class of insurance — gross written recorded in Canada?
- The lowest recorded value was 113.75 Euro in 1987.
- How does Canada rank for insurance business written by class of insurance — gross written?
- Canada ranks 4th out of 44 countries with data for 2018.
- Is insurance business written by class of insurance — gross written rising or falling in Canada?
- Over the last ten years it is down 27.1%. The long-run trend across the full record is volatile.
- Where does this Canada data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Insurance business written by class of insurance — Gross written premiums. Statizoid updates them automatically from the source API.
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About this data
This dataset covers the breakdown of premiums by insurance class for life and non-life insurance.