Insurance business written by class of insurance — Net written in Spain
Spain: Insurance business written by class of insurance — Net written was 12,757 Euro in 2024. ◆ Volatile
Latest (2024)
12,757 Euro
Change on year
up 6.3%
World rank
4th
of 40 countries
All-time high
12,757 Euro
in 2024
All-time low
804.62 Euro
in 1987
Years of data
38
1987–2024
Insurance business written by class of insurance — Net written in Spain, 1987–2024
Source: Organisation for Economic Co-operation and Development. Measured in Euro.
Analysis
The most recent figure for insurance business written by class of insurance — net written in Spain is 12,757 Euro, measured in 2024. That is the highest value across all 38 years on record.
The figure is up 6.3% on the previous year and up 60.8% over ten years.
Over the whole period, insurance business written by class of insurance — net written in Spain peaked at 12,757 Euro in 2024 and was at its lowest, 804.62 Euro, in 1987.
That places Spain 4th out of 40 countries with data for 2024, putting it 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 — Net written in Spain, year by year
| Year | Euro | Change |
|---|---|---|
| 1987 | 804.62 Euro | — |
| 1988 | 914.67 Euro | +13.7% |
| 1989 | 1,066 Euro | +16.5% |
| 1990 | 1,241 Euro | +16.4% |
| 1991 | 1,582 Euro | +27.5% |
| 1992 | 1,851 Euro | +17.0% |
| 1993 | 2,052 Euro | +10.9% |
| 1994 | 2,263 Euro | +10.3% |
| 1995 | 2,487 Euro | +9.9% |
| 1996 | 2,648 Euro | +6.5% |
| 1997 | 2,821 Euro | +6.5% |
| 1998 | 2,991 Euro | +6.0% |
| 1999 | 3,040 Euro | +1.6% |
| 2000 | 3,268 Euro | +7.5% |
| 2001 | 3,610 Euro | +10.5% |
| 2002 | 3,972 Euro | +10.0% |
| 2003 | 4,423 Euro | +11.4% |
| 2004 | 4,782 Euro | +8.1% |
| 2005 | 5,272 Euro | +10.2% |
| 2006 | 5,754 Euro | +9.1% |
| 2007 | 6,184 Euro | +7.5% |
| 2008 | 6,755 Euro | +9.2% |
| 2009 | 6,769 Euro | +0.2% |
| 2010 | 6,286 Euro | -7.1% |
| 2011 | 7,368 Euro | +17.2% |
| 2012 | 7,354 Euro | -0.2% |
| 2013 | 7,613 Euro | +3.5% |
| 2014 | 7,933 Euro | +4.2% |
| 2015 | 8,152 Euro | +2.8% |
| 2016 | 8,550 Euro | +4.9% |
| 2017 | 8,979 Euro | +5.0% |
| 2018 | 9,395 Euro | +4.6% |
| 2019 | 9,672 Euro | +3.0% |
| 2020 | 10,171 Euro | +5.2% |
| 2021 | 10,647 Euro | +4.7% |
| 2022 | 11,268 Euro | +5.8% |
| 2023 | 11,998 Euro | +6.5% |
| 2024 | 12,757 Euro | +6.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 928.3 Euro | 804.62 Euro | 1,066 Euro | 3 |
| 1990s | 2,298 Euro | 1,241 Euro | 3,040 Euro | 10 |
| 2000s | 5,079 Euro | 3,268 Euro | 6,769 Euro | 10 |
| 2010s | 8,130 Euro | 6,286 Euro | 9,672 Euro | 10 |
| 2020s | 11,368 Euro | 10,171 Euro | 12,757 Euro | 5 |
Countries ranked near Spain
- 1 Netherlands 63,256 Euro compare
- 1 United States of America 1.13 million Euro compare
- 2 Türkiye 4,049 Euro compare
- 2 Germany 64,846 Euro compare
- 2 Croatia 136.64 Euro compare
- 3 Canada 13,618 Euro compare
- 3 Poland 1,004 Euro compare
- 4 Slovenia 194.31 Euro compare
- 5 Lithuania 187 Euro compare
- 5 United Kingdom of Great Britain and Northern Ireland 12,443 Euro compare
- 6 Latvia 177.78 Euro compare
- 6 Mexico 8,174 Euro compare
- 7 Italy 7,719 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)
- Final consumption expenditure (constant 2015 US$), per capita 22,593 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate 10.86 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 0.9618 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 37,150 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 6.19 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 0.8511 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 32,877 current LCU per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 3.69 % change on previous year (2025)
Frequently asked questions
- What is insurance business written by class of insurance — net written in Spain?
- Insurance business written by class of insurance — net written in Spain was 12,757 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 Spain?
- The highest recorded value was 12,757 Euro in 2024.
- What is the lowest insurance business written by class of insurance — net written recorded in Spain?
- The lowest recorded value was 804.62 Euro in 1987.
- How does Spain rank for insurance business written by class of insurance — net written?
- Spain ranks 4th out of 40 countries with data for 2024.
- Is insurance business written by class of insurance — net written rising or falling in Spain?
- Over the last ten years it is up 60.8%. 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 — Net 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.