Insurance business written by class of insurance — Gross written in Panama
Panama: Insurance business written by class of insurance — Gross written was 896.86 Euro in 2023. ▲ Rising
Insurance business written by class of insurance — Gross written in Panama, 2012–2023
Source: Organisation for Economic Co-operation and Development. Measured in Euro.
Analysis
The most recent figure for insurance business written by class of insurance — gross written in Panama is 896.86 Euro, measured in 2023. That is the highest value across all 6 years on record.
Compared with earlier readings it is up 104.4% on the previous year and up 127.9% over ten years.
Over the whole period, insurance business written by class of insurance — gross written in Panama peaked at 896.86 Euro in 2023 and was at its lowest, 347.69 Euro, in 2012.
Panama ranks 22nd of 44 countries on this measure, in the middle of the range.
Insurance business written by class of insurance — Gross written in Panama, year by year
| Year | Euro | Change |
|---|---|---|
| 2012 | 347.69 Euro | — |
| 2013 | 393.57 Euro | +13.2% |
| 2019 | 368.83 Euro | -6.3% |
| 2020 | 382.22 Euro | +3.6% |
| 2021 | 438.88 Euro | +14.8% |
| 2023 | 896.86 Euro | +104.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 370.03 Euro | 347.69 Euro | 393.57 Euro | 3 |
| 2020s | 572.65 Euro | 382.22 Euro | 896.86 Euro | 3 |
Countries ranked near Panama
- 19 Finland 1,191 Euro compare
- 20 New Zealand 1,167 Euro compare
- 21 Czechia 1,112 Euro compare
- 23 Costa Rica 849.98 Euro compare
- 24 Chinese Taipei 785.76 Euro compare
- 25 Australia 751.69 Euro compare
More economy & growth data for Panama
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.82 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4 Percent per annum (2029)
- Total reserves minus gold (current US$), annual growth rate -8.97 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.069 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 1,365 current US$ per person (2025)
- General government final consumption expenditure (current US$) 4.41 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 0.124 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current US$), per 2,377 current US$ per person (2024)
- General government final consumption expenditure (current LCU) 4.41 % change on previous year (2024)
- General government final consumption expenditure (current LCU), per 0.124 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is insurance business written by class of insurance — gross written in Panama?
- Insurance business written by class of insurance — gross written in Panama was 896.86 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 Panama?
- The highest recorded value was 896.86 Euro in 2023.
- What is the lowest insurance business written by class of insurance — gross written recorded in Panama?
- The lowest recorded value was 347.69 Euro in 2012.
- How does Panama rank for insurance business written by class of insurance — gross written?
- Panama ranks 22nd out of 44 countries with data for 2023.
- Is insurance business written by class of insurance — gross written rising or falling in Panama?
- Over the last ten years it is up 127.9%. The long-run trend across the full record is rising.
- Where does this Panama 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.