Insurance business written by class of insurance — Premiums ceded in Colombia
Colombia: Insurance business written by class of insurance — Premiums ceded was 9.24 Euro in 2024. ▼ Falling
Insurance business written by class of insurance — Premiums ceded in Colombia, 2009–2024
Source: Organisation for Economic Co-operation and Development. Measured in Euro.
Analysis
The most recent figure for insurance business written by class of insurance — premiums ceded in Colombia is 9.24 Euro, measured in 2024. That is the lowest value across all 16 years on record.
The figure is down 20.5% on the previous year and down 78.4% over ten years.
Over the whole period, insurance business written by class of insurance — premiums ceded in Colombia peaked at 42.77 Euro in 2014 and was at its lowest, 9.24 Euro, in 2024.
Colombia ranks 34th of 40 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 16 years of available data.
Insurance business written by class of insurance — Premiums ceded in Colombia, year by year
| Year | Euro | Change |
|---|---|---|
| 2009 | 21.47 Euro | — |
| 2010 | 29.33 Euro | +36.6% |
| 2011 | 32.76 Euro | +11.7% |
| 2012 | 36.75 Euro | +12.2% |
| 2013 | 35.4 Euro | -3.7% |
| 2014 | 42.77 Euro | +20.8% |
| 2015 | 33 Euro | -22.9% |
| 2016 | 27.08 Euro | -17.9% |
| 2017 | 27.21 Euro | +0.5% |
| 2018 | 18.85 Euro | -30.7% |
| 2019 | 20.54 Euro | +8.9% |
| 2020 | 13.32 Euro | -35.1% |
| 2021 | 15.28 Euro | +14.7% |
| 2022 | 17.04 Euro | +11.5% |
| 2023 | 11.62 Euro | -31.8% |
| 2024 | 9.24 Euro | -20.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21.47 Euro | 21.47 Euro | 21.47 Euro | 1 |
| 2010s | 30.37 Euro | 18.85 Euro | 42.77 Euro | 10 |
| 2020s | 13.3 Euro | 9.24 Euro | 17.04 Euro | 5 |
Countries ranked near Colombia
More economy & growth data for Colombia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.41 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3 Percent per annum (2029)
- Total reserves minus gold (current US$), annual growth rate 5.92 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.1424 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 1,219 current US$ per person (2025)
- General government final consumption expenditure (current US$) 13.58 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.1549 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 1,326 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 12.99 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 627.79 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is insurance business written by class of insurance — premiums ceded in Colombia?
- Insurance business written by class of insurance — premiums ceded in Colombia was 9.24 Euro in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest insurance business written by class of insurance — premiums ceded recorded in Colombia?
- The highest recorded value was 42.77 Euro in 2014.
- What is the lowest insurance business written by class of insurance — premiums ceded recorded in Colombia?
- The lowest recorded value was 9.24 Euro in 2024.
- How does Colombia rank for insurance business written by class of insurance — premiums ceded?
- Colombia ranks 34th out of 40 countries with data for 2024.
- Is insurance business written by class of insurance — premiums ceded rising or falling in Colombia?
- Over the last ten years it is down 78.4%. The long-run trend across the full record is falling.
- Where does this Colombia 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 — Premiums ceded. 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.