Insurance business written by class of insurance — Gross written in Norway
Norway: Insurance business written by class of insurance — Gross written was 1,555 Euro in 2024. ◆ Volatile
Insurance business written by class of insurance — Gross written in Norway, 1987–2024
Source: Organisation for Economic Co-operation and Development. Measured in Euro.
Analysis
In 2024, insurance business written by class of insurance — gross written in Norway stood at 1,555 Euro. That is the highest value across all 34 years on record.
Compared with earlier readings it is up 19.3% on the previous year and up 132.1% over ten years.
Over the whole period, insurance business written by class of insurance — gross written in Norway peaked at 1,555 Euro in 2024 and was at its lowest, 81.72 Euro, in 1987.
That places Norway 18th out of 44 countries with data for 2024, putting it in the middle of the range.
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 Norway, year by year
| Year | Euro | Change |
|---|---|---|
| 1987 | 81.72 Euro | — |
| 1988 | 96.97 Euro | +18.7% |
| 1989 | 104.04 Euro | +7.3% |
| 1990 | 123.02 Euro | +18.2% |
| 1991 | 163.32 Euro | +32.8% |
| 1993 | 225.95 Euro | +38.3% |
| 1996 | 224.17 Euro | -0.8% |
| 1997 | 266.63 Euro | +18.9% |
| 1998 | 242.57 Euro | -9.0% |
| 1999 | 278.8 Euro | +14.9% |
| 2000 | 327.25 Euro | +17.4% |
| 2001 | 404.68 Euro | +23.7% |
| 2002 | 523.1 Euro | +29.3% |
| 2003 | 562 Euro | +7.4% |
| 2004 | 562.68 Euro | +0.1% |
| 2005 | 678.89 Euro | +20.7% |
| 2006 | 697.33 Euro | +2.7% |
| 2007 | 616.24 Euro | -11.6% |
| 2008 | 671.15 Euro | +8.9% |
| 2009 | 351.58 Euro | -47.6% |
| 2010 | 399.98 Euro | +13.8% |
| 2011 | 413.93 Euro | +3.5% |
| 2012 | 817.61 Euro | +97.5% |
| 2014 | 669.85 Euro | -18.1% |
| 2015 | 620.58 Euro | -7.4% |
| 2016 | 1,132 Euro | +82.4% |
| 2017 | 1,101 Euro | -2.7% |
| 2018 | 1,153 Euro | +4.7% |
| 2019 | 1,219 Euro | +5.7% |
| 2020 | 1,111 Euro | -8.8% |
| 2021 | 1,268 Euro | +14.1% |
| 2022 | 1,364 Euro | +7.5% |
| 2023 | 1,303 Euro | -4.5% |
| 2024 | 1,555 Euro | +19.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 94.24 Euro | 81.72 Euro | 104.04 Euro | 3 |
| 1990s | 217.78 Euro | 123.02 Euro | 278.8 Euro | 7 |
| 2000s | 539.49 Euro | 327.25 Euro | 697.33 Euro | 10 |
| 2010s | 836.3 Euro | 399.98 Euro | 1,219 Euro | 9 |
| 2020s | 1,320 Euro | 1,111 Euro | 1,555 Euro | 5 |
Countries ranked near Norway
More economy & growth data for Norway
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.7416 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.42 Percent per annum (2029)
- Total reserves minus gold (current US$), annual growth rate 5.24 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.1611 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 15,237 current US$ per person (2025)
- General government final consumption expenditure (current US$) 8.43 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.2257 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 21,349 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 4.9 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 2.35 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is insurance business written by class of insurance — gross written in Norway?
- Insurance business written by class of insurance — gross written in Norway was 1,555 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 Norway?
- The highest recorded value was 1,555 Euro in 2024.
- What is the lowest insurance business written by class of insurance — gross written recorded in Norway?
- The lowest recorded value was 81.72 Euro in 1987.
- How does Norway rank for insurance business written by class of insurance — gross written?
- Norway ranks 18th out of 44 countries with data for 2024.
- Is insurance business written by class of insurance — gross written rising or falling in Norway?
- Over the last ten years it is up 132.1%. The long-run trend across the full record is volatile.
- Where does this Norway 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.