Insurance business written by class of insurance — Gross written in New Zealand
New Zealand: Insurance business written by class of insurance — Gross written was 1,167 Euro in 2021. ◆ Volatile
Insurance business written by class of insurance — Gross written in New Zealand, 1988–2021
Source: Organisation for Economic Co-operation and Development. Measured in Euro.
Analysis
In 2021, insurance business written by class of insurance — gross written in New Zealand stood at 1,167 Euro. That is the highest value across all 5 years on record.
The figure is up 16.0% on the previous year.
Over the whole period, insurance business written by class of insurance — gross written in New Zealand peaked at 1,167 Euro in 2021 and was at its lowest, 110.54 Euro, in 1988.
New Zealand ranks 20th of 44 countries on this measure, in the middle of the range.
Insurance business written by class of insurance — Gross written in New Zealand, year by year
| Year | Euro | Change |
|---|---|---|
| 1988 | 110.54 Euro | — |
| 1996 | 241.23 Euro | +118.2% |
| 2019 | 987.44 Euro | +309.3% |
| 2020 | 1,006 Euro | +1.9% |
| 2021 | 1,167 Euro | +16.0% |
New Zealand compared with similar countries
- New Zealand's 1,167 Euro is below the median for high income countries, which is 2,666 Euro, 44% of the median. (29 countries reporting)
- New Zealand's 1,167 Euro is above the median for East Asia & Pacific, which is 959.48 Euro, 1.2× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 110.54 Euro | 110.54 Euro | 110.54 Euro | 1 |
| 1990s | 241.23 Euro | 241.23 Euro | 241.23 Euro | 1 |
| 2010s | 987.44 Euro | 987.44 Euro | 987.44 Euro | 1 |
| 2020s | 1,087 Euro | 1,006 Euro | 1,167 Euro | 2 |
Countries ranked near New Zealand
More economy & growth data for New Zealand
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.71 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.37 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 23.86 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0001 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 4.48 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 3.61 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 104.98 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0137 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 677.46 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 27.59 % change on previous year (2025)
Frequently asked questions
- What is insurance business written by class of insurance — gross written in New Zealand?
- Insurance business written by class of insurance — gross written in New Zealand was 1,167 Euro in 2021, according to Organisation for Economic Co-operation and Development.
- What is the highest insurance business written by class of insurance — gross written recorded in New Zealand?
- The highest recorded value was 1,167 Euro in 2021.
- What is the lowest insurance business written by class of insurance — gross written recorded in New Zealand?
- The lowest recorded value was 110.54 Euro in 1988.
- How does New Zealand rank for insurance business written by class of insurance — gross written?
- New Zealand ranks 20th out of 44 countries with data for 2021.
- Where does this New Zealand 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.