Insurance business written by class of insurance — Gross written in Portugal
Portugal: Insurance business written by class of insurance — Gross written was 3,830 Euro in 2024. ◆ Volatile
Latest (2024)
3,830 Euro
Change on year
up 14.2%
World rank
14th
of 44 countries
All-time high
3,830 Euro
in 2024
All-time low
205.77 Euro
in 1987
Years of data
37
1987–2024
Insurance business written by class of insurance — Gross written in Portugal, 1987–2024
Source: Organisation for Economic Co-operation and Development. Measured in Euro.
Analysis
Portugal recorded 3,830 Euro for insurance business written by class of insurance — gross written in 2024. That is the highest value across all 37 years on record.
That represents a change of up 14.2% on the previous year and up 163.7% over ten years.
Over the whole period, insurance business written by class of insurance — gross written in Portugal peaked at 3,830 Euro in 2024 and was at its lowest, 205.77 Euro, in 1987.
Portugal ranks 14th of 44 countries on this measure, 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 Portugal, year by year
| Year | Euro | Change |
|---|---|---|
| 1987 | 205.77 Euro | — |
| 1988 | 242.44 Euro | +17.8% |
| 1989 | 282.25 Euro | +16.4% |
| 1990 | 330.91 Euro | +17.2% |
| 1991 | 389.72 Euro | +17.8% |
| 1992 | 447.93 Euro | +14.9% |
| 1993 | 489.17 Euro | +9.2% |
| 1994 | 525 Euro | +7.3% |
| 1995 | 551.08 Euro | +5.0% |
| 1996 | 599.08 Euro | +8.7% |
| 1997 | 652.9 Euro | +9.0% |
| 1998 | 722.53 Euro | +10.7% |
| 1999 | 801.05 Euro | +10.9% |
| 2001 | 1,119 Euro | +39.7% |
| 2002 | 1,233 Euro | +10.2% |
| 2003 | 1,317 Euro | +6.8% |
| 2004 | 1,313 Euro | -0.4% |
| 2005 | 1,331 Euro | +1.4% |
| 2006 | 1,370 Euro | +2.9% |
| 2007 | 1,525 Euro | +11.3% |
| 2008 | 1,611 Euro | +5.6% |
| 2009 | 1,522 Euro | -5.5% |
| 2010 | 1,504 Euro | -1.2% |
| 2011 | 1,480 Euro | -1.6% |
| 2012 | 1,430 Euro | -3.4% |
| 2013 | 1,413 Euro | -1.2% |
| 2014 | 1,452 Euro | +2.8% |
| 2015 | 1,602 Euro | +10.3% |
| 2016 | 1,783 Euro | +11.3% |
| 2017 | 1,999 Euro | +12.1% |
| 2018 | 2,141 Euro | +7.1% |
| 2019 | 2,354 Euro | +10.0% |
| 2020 | 2,466 Euro | +4.8% |
| 2021 | 2,706 Euro | +9.7% |
| 2022 | 2,966 Euro | +9.6% |
| 2023 | 3,355 Euro | +13.1% |
| 2024 | 3,830 Euro | +14.2% |
Portugal compared with similar countries
- Portugal's 3,830 Euro is above the median for high income countries, which is 2,666 Euro, 1.4× the median. (29 countries reporting)
- Portugal's 3,830 Euro is above the median for Europe & Central Asia, which is 3,275 Euro, 1.2× the median. (17 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 243.49 Euro | 205.77 Euro | 282.25 Euro | 3 |
| 1990s | 550.93 Euro | 330.91 Euro | 801.05 Euro | 10 |
| 2000s | 1,371 Euro | 1,119 Euro | 1,611 Euro | 9 |
| 2010s | 1,716 Euro | 1,413 Euro | 2,354 Euro | 10 |
| 2020s | 3,065 Euro | 2,466 Euro | 3,830 Euro | 5 |
Countries ranked near Portugal
More economy & growth data for Portugal
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.18 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.9 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 6.84 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0218 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 639.78 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 13.49 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 16.41 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.043 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,261 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 62.23 % change on previous year (2025)
Frequently asked questions
- What is insurance business written by class of insurance — gross written in Portugal?
- Insurance business written by class of insurance — gross written in Portugal was 3,830 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 Portugal?
- The highest recorded value was 3,830 Euro in 2024.
- What is the lowest insurance business written by class of insurance — gross written recorded in Portugal?
- The lowest recorded value was 205.77 Euro in 1987.
- How does Portugal rank for insurance business written by class of insurance — gross written?
- Portugal ranks 14th out of 44 countries with data for 2024.
- Is insurance business written by class of insurance — gross written rising or falling in Portugal?
- Over the last ten years it is up 163.7%. The long-run trend across the full record is volatile.
- Where does this Portugal 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.