Insurance business written by class of insurance — Net written in Latvia
Latvia: Insurance business written by class of insurance — Net written was 177.78 Euro in 2024. ◆ Volatile
Insurance business written by class of insurance — Net written in Latvia, 2009–2024
Source: Organisation for Economic Co-operation and Development. Measured in Euro.
Analysis
In 2024, insurance business written by class of insurance — net written in Latvia stood at 177.78 Euro. That is the highest value across all 16 years on record.
The figure is up 18.5% on the previous year and up 244.6% over ten years.
Over the whole period, insurance business written by class of insurance — net written in Latvia peaked at 177.78 Euro in 2024 and was at its lowest, 35.54 Euro, in 2010.
The series is highly variable year to year, so single readings are best treated with caution.
Insurance business written by class of insurance — Net written in Latvia, year by year
| Year | Euro | Change |
|---|---|---|
| 2009 | 53.58 Euro | — |
| 2010 | 35.54 Euro | -33.7% |
| 2011 | 40.48 Euro | +13.9% |
| 2012 | 49.84 Euro | +23.1% |
| 2013 | 46.33 Euro | -7.0% |
| 2014 | 51.59 Euro | +11.4% |
| 2015 | 58.22 Euro | +12.9% |
| 2016 | 55.26 Euro | -5.1% |
| 2017 | 63.23 Euro | +14.4% |
| 2018 | 77.44 Euro | +22.5% |
| 2019 | 84.43 Euro | +9.0% |
| 2020 | 80.81 Euro | -4.3% |
| 2021 | 96.9 Euro | +19.9% |
| 2022 | 124.47 Euro | +28.4% |
| 2023 | 150.07 Euro | +20.6% |
| 2024 | 177.78 Euro | +18.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 53.58 Euro | 53.58 Euro | 53.58 Euro | 1 |
| 2010s | 56.23 Euro | 35.54 Euro | 84.43 Euro | 10 |
| 2020s | 126.01 Euro | 80.81 Euro | 177.78 Euro | 5 |
Countries ranked near Latvia
- 3 Canada 13,618 Euro compare
- 3 Poland 1,004 Euro compare
- 4 Slovenia 194.31 Euro compare
- 4 Spain 12,757 Euro compare
- 5 Lithuania 187 Euro compare
- 5 United Kingdom of Great Britain and Northern Ireland 12,443 Euro compare
- 6 Mexico 8,174 Euro compare
- 7 Italy 7,719 Euro compare
- 8 Bermuda 7,124 Euro compare
- 9 Japan 5,992 Euro compare
More economy & growth data for Latvia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.53 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.49 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 38.69 Percentage of GDP (2029)
- Index of digital trade integration and openness 0.1982 Index (2024)
- Index of digital trade integration and openness (INDIGO) — A. 0.0249 Index (2024)
- Index of digital trade integration and openness (INDIGO) — B. Openess 0.0123 Index (2024)
- Index of digital trade integration and openness (INDIGO) — E. Wider 0.0451 Index (2024)
- Index of digital trade integration and openness (INDIGO) — D. 0.0431 Index (2024)
- Index of digital trade integration and openness (INDIGO) — C. Trust 0.0727 Index (2024)
- Corporate income tax (CIT) - statutory and targeted small business 20 Percentage of taxable income (2026)
Frequently asked questions
- What is insurance business written by class of insurance — net written in Latvia?
- Insurance business written by class of insurance — net written in Latvia was 177.78 Euro in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest insurance business written by class of insurance — net written recorded in Latvia?
- The highest recorded value was 177.78 Euro in 2024.
- What is the lowest insurance business written by class of insurance — net written recorded in Latvia?
- The lowest recorded value was 35.54 Euro in 2010.
- How does Latvia rank for insurance business written by class of insurance — net written?
- Latvia ranks 6th out of 6 countries with data for 2024.
- Is insurance business written by class of insurance — net written rising or falling in Latvia?
- Over the last ten years it is up 244.6%. The long-run trend across the full record is volatile.
- Where does this Latvia 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 — Net written premiums. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 16 observations, free to reuse under OECD Terms and Conditions (attribution required).
About this data
This dataset covers the breakdown of premiums by insurance class for life and non-life insurance.