Insurance business written by class of insurance — Gross written in Spain
Spain: Insurance business written by class of insurance — Gross written was 13,388 Euro in 2024. ◆ Volatile
Latest (2024)
13,388 Euro
Change on year
up 6.6%
World rank
6th
of 44 countries
All-time high
13,388 Euro
in 2024
All-time low
855.43 Euro
in 1987
Years of data
38
1987–2024
Insurance business written by class of insurance — Gross written in Spain, 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 Spain stood at 13,388 Euro. That is the highest value across all 38 years on record.
Compared with earlier readings it is up 6.6% on the previous year and up 62.7% over ten years.
Over the whole period, insurance business written by class of insurance — gross written in Spain peaked at 13,388 Euro in 2024 and was at its lowest, 855.43 Euro, in 1987.
That places Spain 6th out of 44 countries with data for 2024, putting it in the top quarter.
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 Spain, year by year
| Year | Euro | Change |
|---|---|---|
| 1987 | 855.43 Euro | — |
| 1988 | 963.57 Euro | +12.6% |
| 1989 | 1,122 Euro | +16.4% |
| 1990 | 1,305 Euro | +16.3% |
| 1991 | 1,656 Euro | +26.9% |
| 1992 | 1,939 Euro | +17.1% |
| 1993 | 2,144 Euro | +10.6% |
| 1994 | 2,365 Euro | +10.3% |
| 1995 | 2,586 Euro | +9.3% |
| 1996 | 2,762 Euro | +6.8% |
| 1997 | 2,937 Euro | +6.3% |
| 1998 | 3,112 Euro | +6.0% |
| 1999 | 3,157 Euro | +1.4% |
| 2000 | 3,402 Euro | +7.8% |
| 2001 | 3,750 Euro | +10.2% |
| 2002 | 4,132 Euro | +10.2% |
| 2003 | 4,610 Euro | +11.6% |
| 2004 | 4,985 Euro | +8.1% |
| 2005 | 5,451 Euro | +9.3% |
| 2006 | 5,968 Euro | +9.5% |
| 2007 | 6,479 Euro | +8.6% |
| 2008 | 7,000 Euro | +8.0% |
| 2009 | 7,003 Euro | +0.0% |
| 2010 | 6,501 Euro | -7.2% |
| 2011 | 7,630 Euro | +17.4% |
| 2012 | 7,629 Euro | -0.0% |
| 2013 | 7,888 Euro | +3.4% |
| 2014 | 8,227 Euro | +4.3% |
| 2015 | 8,449 Euro | +2.7% |
| 2016 | 8,879 Euro | +5.1% |
| 2017 | 9,329 Euro | +5.1% |
| 2018 | 9,744 Euro | +4.4% |
| 2019 | 10,057 Euro | +3.2% |
| 2020 | 10,539 Euro | +4.8% |
| 2021 | 11,034 Euro | +4.7% |
| 2022 | 11,751 Euro | +6.5% |
| 2023 | 12,562 Euro | +6.9% |
| 2024 | 13,388 Euro | +6.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 980.27 Euro | 855.43 Euro | 1,122 Euro | 3 |
| 1990s | 2,396 Euro | 1,305 Euro | 3,157 Euro | 10 |
| 2000s | 5,278 Euro | 3,402 Euro | 7,003 Euro | 10 |
| 2010s | 8,433 Euro | 6,501 Euro | 10,057 Euro | 10 |
| 2020s | 11,855 Euro | 10,539 Euro | 13,388 Euro | 5 |
Countries ranked near Spain
- 3 Poland 1,128 Euro compare
- 3 Switzerland 22,220 Euro compare
- 4 Canada 15,889 Euro compare
- 4 Slovenia 208.05 Euro compare
- 5 Lithuania 189.73 Euro compare
- 5 United Kingdom of Great Britain and Northern Ireland 15,421 Euro compare
- 6 Latvia 182.43 Euro compare
- 7 Estonia 158 Euro compare
- 7 Italy 9,047 Euro compare
- 8 Mexico 8,641 Euro compare
- 9 Bermuda 7,504 Euro compare
More economy & growth data for Spain
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.77 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.62 Percent per annum (2029)
- Total reserves minus gold (current US$), annual growth rate 5.82 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.0467 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 1,804 current US$ per person (2025)
- General government final consumption expenditure (current US$) 9.88 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.192 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 7,417 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 5.25 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 0.1699 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is insurance business written by class of insurance — gross written in Spain?
- Insurance business written by class of insurance — gross written in Spain was 13,388 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 Spain?
- The highest recorded value was 13,388 Euro in 2024.
- What is the lowest insurance business written by class of insurance — gross written recorded in Spain?
- The lowest recorded value was 855.43 Euro in 1987.
- How does Spain rank for insurance business written by class of insurance — gross written?
- Spain ranks 6th out of 44 countries with data for 2024.
- Is insurance business written by class of insurance — gross written rising or falling in Spain?
- Over the last ten years it is up 62.7%. The long-run trend across the full record is volatile.
- Where does this Spain 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.