Insurance business written by class of insurance — Premiums ceded in Latvia
Latvia: Insurance business written by class of insurance — Premiums ceded was 4.65 Euro in 2024. ◆ Volatile
Insurance business written by class of insurance — Premiums ceded in Latvia, 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 Latvia is 4.65 Euro, measured in 2024. That is the highest value across all 16 years on record.
The figure is up 14.8% on the previous year and up 2,373.4% over ten years.
Over the whole period, insurance business written by class of insurance — premiums ceded in Latvia peaked at 4.65 Euro in 2024 and was at its lowest, 0.084 Euro, in 2019.
The series is highly variable year to year, so single readings are best treated with caution.
Insurance business written by class of insurance — Premiums ceded in Latvia, year by year
| Year | Euro | Change |
|---|---|---|
| 2009 | 2.83 Euro | — |
| 2010 | 0.199 Euro | -93.0% |
| 2011 | 0.301 Euro | +51.3% |
| 2012 | 0.213 Euro | -29.2% |
| 2013 | 0.157 Euro | -26.3% |
| 2014 | 0.188 Euro | +19.7% |
| 2015 | 0.18 Euro | -4.3% |
| 2016 | 0.169 Euro | -6.1% |
| 2017 | 0.2 Euro | +18.3% |
| 2018 | 0.191 Euro | -4.5% |
| 2019 | 0.084 Euro | -56.0% |
| 2020 | 2.72 Euro | +3140.5% |
| 2021 | 3.09 Euro | +13.6% |
| 2022 | 3.38 Euro | +9.5% |
| 2023 | 4.05 Euro | +19.6% |
| 2024 | 4.65 Euro | +14.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.83 Euro | 2.83 Euro | 2.83 Euro | 1 |
| 2010s | 0.1882 Euro | 0.084 Euro | 0.301 Euro | 10 |
| 2020s | 3.58 Euro | 2.72 Euro | 4.65 Euro | 5 |
Countries ranked near Latvia
- 2 Germany 3,459 Euro compare
- 2 Poland 124.4 Euro compare
- 3 Netherlands 42.91 Euro compare
- 3 United Kingdom of Great Britain and Northern Ireland 2,977 Euro compare
- 3 Croatia 7.04 Euro compare
- 4 Canada 2,270 Euro compare
- 4 Slovenia 13.74 Euro compare
- 5 Portugal 1,380 Euro compare
- 6 Italy 1,328 Euro compare
- 6 Lithuania 2.73 Euro compare
- 7 Hong Kong, China 884.99 Euro compare
- 8 Japan 842.94 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 — premiums ceded in Latvia?
- Insurance business written by class of insurance — premiums ceded in Latvia was 4.65 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 Latvia?
- The highest recorded value was 4.65 Euro in 2024.
- What is the lowest insurance business written by class of insurance — premiums ceded recorded in Latvia?
- The lowest recorded value was 0.084 Euro in 2019.
- How does Latvia rank for insurance business written by class of insurance — premiums ceded?
- Latvia ranks 5th out of 6 countries with data for 2024.
- Is insurance business written by class of insurance — premiums ceded rising or falling in Latvia?
- Over the last ten years it is up 2,373.4%. 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 — Premiums ceded. 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.