Insurance business written by class of insurance — Net written in Portugal
Portugal: Insurance business written by class of insurance — Net written was 2,451 Euro in 2024. ◆ Volatile
Latest (2024)
2,451 Euro
Change on year
up 13.9%
World rank
13th
of 40 countries
All-time high
2,451 Euro
in 2024
All-time low
196.14 Euro
in 1987
Years of data
37
1987–2024
Insurance business written by class of insurance — Net written in Portugal, 1987–2024
Source: Organisation for Economic Co-operation and Development. Measured in Euro.
Analysis
In 2024, insurance business written by class of insurance — net written in Portugal stood at 2,451 Euro. That is the highest value across all 37 years on record.
Compared with earlier readings it is up 13.9% on the previous year and up 131.6% over ten years.
Over the whole period, insurance business written by class of insurance — net written in Portugal peaked at 2,451 Euro in 2024 and was at its lowest, 196.14 Euro, in 1987.
That places Portugal 13th out of 40 countries with data for 2024, putting it 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 — Net written in Portugal, year by year
| Year | Euro | Change |
|---|---|---|
| 1987 | 196.14 Euro | — |
| 1988 | 230.76 Euro | +17.6% |
| 1989 | 266.94 Euro | +15.7% |
| 1990 | 311.81 Euro | +16.8% |
| 1991 | 365.07 Euro | +17.1% |
| 1992 | 417.7 Euro | +14.4% |
| 1993 | 454.92 Euro | +8.9% |
| 1994 | 499.36 Euro | +9.8% |
| 1995 | 516.45 Euro | +3.4% |
| 1996 | 543.27 Euro | +5.2% |
| 1997 | 584.32 Euro | +7.6% |
| 1998 | 627.04 Euro | +7.3% |
| 1999 | 681.83 Euro | +8.7% |
| 2001 | 938.79 Euro | +37.7% |
| 2002 | 1,052 Euro | +12.0% |
| 2003 | 1,123 Euro | +6.8% |
| 2004 | 1,163 Euro | +3.6% |
| 2005 | 1,160 Euro | -0.3% |
| 2006 | 1,219 Euro | +5.0% |
| 2007 | 1,240 Euro | +1.8% |
| 2008 | 1,253 Euro | +1.1% |
| 2009 | 1,164 Euro | -7.1% |
| 2010 | 1,135 Euro | -2.5% |
| 2011 | 1,127 Euro | -0.7% |
| 2012 | 1,054 Euro | -6.5% |
| 2013 | 1,032 Euro | -2.0% |
| 2014 | 1,058 Euro | +2.5% |
| 2015 | 1,150 Euro | +8.7% |
| 2016 | 1,275 Euro | +10.8% |
| 2017 | 1,420 Euro | +11.4% |
| 2018 | 1,516 Euro | +6.7% |
| 2019 | 1,583 Euro | +4.4% |
| 2020 | 1,599 Euro | +1.0% |
| 2021 | 1,729 Euro | +8.2% |
| 2022 | 1,906 Euro | +10.2% |
| 2023 | 2,152 Euro | +12.9% |
| 2024 | 2,451 Euro | +13.9% |
Portugal compared with similar countries
- Portugal's 2,451 Euro is above the median for high income countries, which is 1,986 Euro, 1.2× the median. (25 countries reporting)
- Portugal's 2,451 Euro is above the median for Europe & Central Asia, which is 1,435 Euro, 1.7× the median. (15 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 231.28 Euro | 196.14 Euro | 266.94 Euro | 3 |
| 1990s | 500.18 Euro | 311.81 Euro | 681.83 Euro | 10 |
| 2000s | 1,146 Euro | 938.79 Euro | 1,253 Euro | 9 |
| 2010s | 1,235 Euro | 1,032 Euro | 1,583 Euro | 10 |
| 2020s | 1,967 Euro | 1,599 Euro | 2,451 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 — net written in Portugal?
- Insurance business written by class of insurance — net written in Portugal was 2,451 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 Portugal?
- The highest recorded value was 2,451 Euro in 2024.
- What is the lowest insurance business written by class of insurance — net written recorded in Portugal?
- The lowest recorded value was 196.14 Euro in 1987.
- How does Portugal rank for insurance business written by class of insurance — net written?
- Portugal ranks 13th out of 40 countries with data for 2024.
- Is insurance business written by class of insurance — net written rising or falling in Portugal?
- Over the last ten years it is up 131.6%. 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 — Net written premiums. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 37 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.