Insurance business written by class of insurance — Gross written in Hungary
Hungary: Insurance business written by class of insurance — Gross written was 174.01 Euro in 2024. ◆ Volatile
Insurance business written by class of insurance — Gross written in Hungary, 1994–2024
Source: Organisation for Economic Co-operation and Development. Measured in Euro.
Analysis
Hungary recorded 174.01 Euro for insurance business written by class of insurance — gross written in 2024. That is the highest value across all 31 years on record.
The figure is up 20.0% on the previous year and up 89.6% over ten years.
Over the whole period, insurance business written by class of insurance — gross written in Hungary peaked at 174.01 Euro in 2024 and was at its lowest, 15.41 Euro, in 1996.
Hungary ranks 35th of 44 countries on this measure, in the bottom quarter.
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 Hungary, year by year
| Year | Euro | Change |
|---|---|---|
| 1994 | 16.05 Euro | — |
| 1995 | 16.49 Euro | +2.8% |
| 1996 | 15.41 Euro | -6.6% |
| 1997 | 25.09 Euro | +62.9% |
| 1998 | 21.95 Euro | -12.6% |
| 1999 | 26.12 Euro | +19.0% |
| 2000 | 34.06 Euro | +30.4% |
| 2001 | 40.01 Euro | +17.5% |
| 2002 | 46.67 Euro | +16.6% |
| 2003 | 50.38 Euro | +7.9% |
| 2004 | 57.21 Euro | +13.6% |
| 2005 | 66.24 Euro | +15.8% |
| 2006 | 66.72 Euro | +0.7% |
| 2007 | 80.03 Euro | +19.9% |
| 2008 | 79.86 Euro | -0.2% |
| 2009 | 67.89 Euro | -15.0% |
| 2010 | 73.72 Euro | +8.6% |
| 2011 | 80.74 Euro | +9.5% |
| 2012 | 80.78 Euro | +0.0% |
| 2013 | 87.25 Euro | +8.0% |
| 2014 | 91.77 Euro | +5.2% |
| 2015 | 96.34 Euro | +5.0% |
| 2016 | 71.85 Euro | -25.4% |
| 2017 | 80.31 Euro | +11.8% |
| 2018 | 97.9 Euro | +21.9% |
| 2019 | 113.21 Euro | +15.6% |
| 2020 | 76.63 Euro | -32.3% |
| 2021 | 93.26 Euro | +21.7% |
| 2022 | 114.43 Euro | +22.7% |
| 2023 | 145.01 Euro | +26.7% |
| 2024 | 174.01 Euro | +20.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 20.18 Euro | 15.41 Euro | 26.12 Euro | 6 |
| 2000s | 58.91 Euro | 34.06 Euro | 80.03 Euro | 10 |
| 2010s | 87.39 Euro | 71.85 Euro | 113.21 Euro | 10 |
| 2020s | 120.67 Euro | 76.63 Euro | 174.01 Euro | 5 |
Countries ranked near Hungary
More economy & growth data for Hungary
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.53 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.2 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -60.84 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.2468 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -6,395 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -69.94 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -14.09 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.2837 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -7,351 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 27.3 % change on previous year (2025)
Frequently asked questions
- What is insurance business written by class of insurance — gross written in Hungary?
- Insurance business written by class of insurance — gross written in Hungary was 174.01 Euro in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest insurance business written by class of insurance — gross written recorded in Hungary?
- The highest recorded value was 174.01 Euro in 2024.
- What is the lowest insurance business written by class of insurance — gross written recorded in Hungary?
- The lowest recorded value was 15.41 Euro in 1996.
- How does Hungary rank for insurance business written by class of insurance — gross written?
- Hungary ranks 35th out of 44 countries with data for 2024.
- Is insurance business written by class of insurance — gross written rising or falling in Hungary?
- Over the last ten years it is up 89.6%. The long-run trend across the full record is volatile.
- Where does this Hungary 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.
Download this data
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About this data
This dataset covers the breakdown of premiums by insurance class for life and non-life insurance.