Insurance business written by class of insurance — Gross written in United States of America
United States of America: Insurance business written by class of insurance — Gross written was 1.21 million Euro in 2024. ◆ Volatile
Latest (2024)
1.21 million Euro
Change on year
up 7.2%
World rank
1st
of 44 countries
All-time high
1.21 million Euro
in 2024
All-time low
86,646 Euro
in 1988
Years of data
37
1988–2024
Insurance business written by class of insurance — Gross written in United States of America, 1988–2024
Source: Organisation for Economic Co-operation and Development. Measured in Euro.
Analysis
In 2024, insurance business written by class of insurance — gross written in United States of America stood at 1.21 million Euro. That is the highest value across all 37 years on record.
That represents a change of up 7.2% on the previous year and up 148.3% over ten years.
Over the whole period, insurance business written by class of insurance — gross written in United States of America peaked at 1.21 million Euro in 2024 and was at its lowest, 86,646 Euro, in 1988.
United States of America ranks 1st of 44 countries on this measure, in the top 10%.
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 United States of America, year by year
| Year | Euro | Change |
|---|---|---|
| 1988 | 86,646 Euro | — |
| 1989 | 108,985 Euro | +25.8% |
| 1990 | 100,174 Euro | -8.1% |
| 1991 | 105,861 Euro | +5.7% |
| 1992 | 106,234 Euro | +0.4% |
| 1993 | 123,918 Euro | +16.6% |
| 1994 | 127,375 Euro | +2.8% |
| 1995 | 120,343 Euro | -5.5% |
| 1996 | 127,301 Euro | +5.8% |
| 1997 | 208,341 Euro | +63.7% |
| 1998 | 239,905 Euro | +15.2% |
| 1999 | 203,402 Euro | -15.2% |
| 2000 | 259,379 Euro | +27.5% |
| 2001 | 302,953 Euro | +16.8% |
| 2002 | 315,825 Euro | +4.2% |
| 2003 | 281,480 Euro | -10.9% |
| 2004 | 272,363 Euro | -3.2% |
| 2005 | 307,861 Euro | +13.0% |
| 2006 | 328,520 Euro | +6.7% |
| 2007 | 317,681 Euro | -3.3% |
| 2008 | 307,026 Euro | -3.4% |
| 2009 | 338,024 Euro | +10.1% |
| 2010 | 364,203 Euro | +7.7% |
| 2011 | 371,306 Euro | +2.0% |
| 2012 | 428,312 Euro | +15.4% |
| 2013 | 426,297 Euro | -0.5% |
| 2014 | 486,968 Euro | +14.2% |
| 2015 | 643,880 Euro | +32.2% |
| 2016 | 687,963 Euro | +6.8% |
| 2017 | 707,991 Euro | +2.9% |
| 2018 | 680,246 Euro | -3.9% |
| 2019 | 761,820 Euro | +12.0% |
| 2020 | 807,653 Euro | +6.0% |
| 2021 | 844,681 Euro | +4.6% |
| 2022 | 1.07 million Euro | +26.5% |
| 2023 | 1.13 million Euro | +5.6% |
| 2024 | 1.21 million Euro | +7.2% |
United States of America compared with similar countries
- United States of America's 1.21 million Euro is above the median for high income countries, which is 2,666 Euro, 453.4× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 97,816 Euro | 86,646 Euro | 108,985 Euro | 2 |
| 1990s | 146,285 Euro | 100,174 Euro | 239,905 Euro | 10 |
| 2000s | 303,111 Euro | 259,379 Euro | 338,024 Euro | 10 |
| 2010s | 555,899 Euro | 364,203 Euro | 761,820 Euro | 10 |
| 2020s | 1.01 million Euro | 807,653 Euro | 1.21 million Euro | 5 |
Countries ranked near United States of America
More economy & growth data for United States of America
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.63 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.12 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 422.23 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0137 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,235 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 400.52 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 34.83 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.013 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,172 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 52.24 % change on previous year (2025)
Frequently asked questions
- What is insurance business written by class of insurance — gross written in United States of America?
- Insurance business written by class of insurance — gross written in United States of America was 1.21 million 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 United States of America?
- The highest recorded value was 1.21 million Euro in 2024.
- What is the lowest insurance business written by class of insurance — gross written recorded in United States of America?
- The lowest recorded value was 86,646 Euro in 1988.
- How does United States of America rank for insurance business written by class of insurance — gross written?
- United States of America ranks 1st out of 44 countries with data for 2024.
- Is insurance business written by class of insurance — gross written rising or falling in United States of America?
- Over the last ten years it is up 148.3%. The long-run trend across the full record is volatile.
- Where does this United States of America 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.