Insurance business written by class of insurance — Gross written in Malaysia
Malaysia: Insurance business written by class of insurance — Gross written was 726.35 Euro in 2023. ▲ Rising
Insurance business written by class of insurance — Gross written in Malaysia, 2010–2023
Source: Organisation for Economic Co-operation and Development. Measured in Euro.
Analysis
In 2023, insurance business written by class of insurance — gross written in Malaysia stood at 726.35 Euro.
Compared with earlier readings it is down 16.1% on the previous year and up 20.5% over ten years.
Over the whole period, insurance business written by class of insurance — gross written in Malaysia peaked at 866.2 Euro in 2022 and was at its lowest, 467.74 Euro, in 2010.
That places Malaysia 26th out of 44 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 14 years of available data.
Insurance business written by class of insurance — Gross written in Malaysia, year by year
| Year | Euro | Change |
|---|---|---|
| 2010 | 467.74 Euro | — |
| 2011 | 525.32 Euro | +12.3% |
| 2012 | 591.59 Euro | +12.6% |
| 2013 | 602.98 Euro | +1.9% |
| 2014 | 586.49 Euro | -2.7% |
| 2015 | 643.77 Euro | +9.8% |
| 2016 | 674.55 Euro | +4.8% |
| 2017 | 626.86 Euro | -7.1% |
| 2018 | 629.43 Euro | +0.4% |
| 2019 | 642.67 Euro | +2.1% |
| 2020 | 653.09 Euro | +1.6% |
| 2021 | 695.41 Euro | +6.5% |
| 2022 | 866.2 Euro | +24.6% |
| 2023 | 726.35 Euro | -16.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 599.14 Euro | 467.74 Euro | 674.55 Euro | 10 |
| 2020s | 735.26 Euro | 653.09 Euro | 866.2 Euro | 4 |
Countries ranked near Malaysia
More economy & growth data for Malaysia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.04 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.97 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 13.04 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0309 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 366.69 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 15.59 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 96.92 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0369 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 438.53 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 8.09 % change on previous year (2025)
Frequently asked questions
- What is insurance business written by class of insurance — gross written in Malaysia?
- Insurance business written by class of insurance — gross written in Malaysia was 726.35 Euro in 2023, according to Organisation for Economic Co-operation and Development.
- What is the highest insurance business written by class of insurance — gross written recorded in Malaysia?
- The highest recorded value was 866.2 Euro in 2022.
- What is the lowest insurance business written by class of insurance — gross written recorded in Malaysia?
- The lowest recorded value was 467.74 Euro in 2010.
- How does Malaysia rank for insurance business written by class of insurance — gross written?
- Malaysia ranks 26th out of 44 countries with data for 2023.
- Is insurance business written by class of insurance — gross written rising or falling in Malaysia?
- Over the last ten years it is up 20.5%. The long-run trend across the full record is rising.
- Where does this Malaysia 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
CSV · JSON — 14 observations, free to reuse under OECD Terms and Conditions (attribution required).
About this data
This dataset covers the breakdown of premiums by insurance class for life and non-life insurance.