Insurance business written by class of insurance — Gross written in Latvia
Latvia: Insurance business written by class of insurance — Gross written was 182.43 Euro in 2024. ◆ Volatile
Insurance business written by class of insurance — Gross written in Latvia, 2009–2024
Source: Organisation for Economic Co-operation and Development. Measured in Euro.
Analysis
Latvia recorded 182.43 Euro for insurance business written by class of insurance — gross written in 2024. That is the highest value across all 16 years on record.
The figure is up 18.4% on the previous year and up 252.3% over ten years.
Over the whole period, insurance business written by class of insurance — gross written in Latvia peaked at 182.43 Euro in 2024 and was at its lowest, 35.74 Euro, in 2010.
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 Latvia, year by year
| Year | Euro | Change |
|---|---|---|
| 2009 | 56.41 Euro | — |
| 2010 | 35.74 Euro | -36.6% |
| 2011 | 40.78 Euro | +14.1% |
| 2012 | 50.05 Euro | +22.7% |
| 2013 | 46.49 Euro | -7.1% |
| 2014 | 51.78 Euro | +11.4% |
| 2015 | 58.4 Euro | +12.8% |
| 2016 | 55.43 Euro | -5.1% |
| 2017 | 63.42 Euro | +14.4% |
| 2018 | 77.63 Euro | +22.4% |
| 2019 | 84.51 Euro | +8.9% |
| 2020 | 83.54 Euro | -1.2% |
| 2021 | 99.99 Euro | +19.7% |
| 2022 | 127.85 Euro | +27.9% |
| 2023 | 154.13 Euro | +20.6% |
| 2024 | 182.43 Euro | +18.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 56.41 Euro | 56.41 Euro | 56.41 Euro | 1 |
| 2010s | 56.42 Euro | 35.74 Euro | 84.51 Euro | 10 |
| 2020s | 129.59 Euro | 83.54 Euro | 182.43 Euro | 5 |
Countries ranked near Latvia
- 3 Poland 1,128 Euro compare
- 3 Switzerland 22,220 Euro compare
- 4 Canada 15,889 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 Spain 13,388 Euro compare
- 7 Estonia 158 Euro compare
- 7 Italy 9,047 Euro compare
- 8 Mexico 8,641 Euro compare
- 9 Bermuda 7,504 Euro compare
More economy & growth data for Latvia
- 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 2.49 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 38.69 Percentage of GDP (2029)
- Index of digital trade integration and openness 0.1982 Index (2024)
- Index of digital trade integration and openness (INDIGO) — A. 0.0249 Index (2024)
- Index of digital trade integration and openness (INDIGO) — B. Openess 0.0123 Index (2024)
- Index of digital trade integration and openness (INDIGO) — E. Wider 0.0451 Index (2024)
- Index of digital trade integration and openness (INDIGO) — D. 0.0431 Index (2024)
- Index of digital trade integration and openness (INDIGO) — C. Trust 0.0727 Index (2024)
- Corporate income tax (CIT) - statutory and targeted small business 20 Percentage of taxable income (2026)
Frequently asked questions
- What is insurance business written by class of insurance — gross written in Latvia?
- Insurance business written by class of insurance — gross written in Latvia was 182.43 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 Latvia?
- The highest recorded value was 182.43 Euro in 2024.
- What is the lowest insurance business written by class of insurance — gross written recorded in Latvia?
- The lowest recorded value was 35.74 Euro in 2010.
- How does Latvia rank for insurance business written by class of insurance — gross written?
- Latvia ranks 6th out of 7 countries with data for 2024.
- Is insurance business written by class of insurance — gross written rising or falling in Latvia?
- Over the last ten years it is up 252.3%. 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 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.