Insurance business written by class of insurance — Premiums ceded in Lithuania
Lithuania: Insurance business written by class of insurance — Premiums ceded was 2.73 Euro in 2024. ◆ Volatile
Insurance business written by class of insurance — Premiums ceded in Lithuania, 2014–2024
Source: Organisation for Economic Co-operation and Development. Measured in Euro.
Analysis
In 2024, insurance business written by class of insurance — premiums ceded in Lithuania stood at 2.73 Euro.
Compared with earlier readings it is up 23.5% on the previous year and up 600.0% over ten years.
Over the whole period, insurance business written by class of insurance — premiums ceded in Lithuania peaked at 4.01 Euro in 2021 and was at its lowest, 0.19 Euro, in 2017.
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 Lithuania, year by year
| Year | Euro | Change |
|---|---|---|
| 2014 | 0.39 Euro | — |
| 2015 | 0.36 Euro | -7.7% |
| 2016 | 0.24 Euro | -33.3% |
| 2017 | 0.19 Euro | -20.8% |
| 2018 | 0.21 Euro | +10.5% |
| 2019 | 0.2 Euro | -4.8% |
| 2020 | 1.69 Euro | +745.0% |
| 2021 | 4.01 Euro | +137.3% |
| 2022 | 3.76 Euro | -6.2% |
| 2023 | 2.21 Euro | -41.2% |
| 2024 | 2.73 Euro | +23.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.265 Euro | 0.19 Euro | 0.39 Euro | 6 |
| 2020s | 2.88 Euro | 1.69 Euro | 4.01 Euro | 5 |
Countries ranked near Lithuania
- 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 Latvia 4.65 Euro compare
- 5 Portugal 1,380 Euro compare
- 6 Italy 1,328 Euro compare
- 7 Hong Kong, China 884.99 Euro compare
- 8 Japan 842.94 Euro
- 9 Ireland 764.85 Euro compare
More economy & growth data for Lithuania
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.23 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.07 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 36.84 Percentage of GDP (2029)
- Index of digital trade integration and openness (INDIGO) — E. Wider 0.0451 Index (2024)
- Index of digital trade integration and openness (INDIGO) — C. Trust 0.0727 Index (2024)
- Index of digital trade integration and openness (INDIGO) — B. Openess 0.0123 Index (2024)
- Index of digital trade integration and openness (INDIGO) — A. 0.0249 Index (2024)
- Index of digital trade integration and openness 0.1981 Index (2024)
- Index of digital trade integration and openness (INDIGO) — D. 0.0431 Index (2024)
- Timely indicators of entrepreneurship by enterprise characteristics 15,948 Enterprises (2024)
Frequently asked questions
- What is insurance business written by class of insurance — premiums ceded in Lithuania?
- Insurance business written by class of insurance — premiums ceded in Lithuania was 2.73 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 Lithuania?
- The highest recorded value was 4.01 Euro in 2021.
- What is the lowest insurance business written by class of insurance — premiums ceded recorded in Lithuania?
- The lowest recorded value was 0.19 Euro in 2017.
- How does Lithuania rank for insurance business written by class of insurance — premiums ceded?
- Lithuania ranks 6th out of 6 countries with data for 2024.
- Is insurance business written by class of insurance — premiums ceded rising or falling in Lithuania?
- Over the last ten years it is up 600.0%. The long-run trend across the full record is volatile.
- Where does this Lithuania 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.