Insurance business written by class of insurance — Premiums ceded in Portugal
Portugal: Insurance business written by class of insurance — Premiums ceded was 1,380 Euro in 2024. ◆ Volatile
Latest (2024)
1,380 Euro
Change on year
up 14.6%
World rank
5th
of 40 countries
All-time high
1,380 Euro
in 2024
All-time low
9.63 Euro
in 1987
Years of data
37
1987–2024
Insurance business written by class of insurance — Premiums ceded in Portugal, 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 — premiums ceded in Portugal is 1,380 Euro, measured in 2024. That is the highest value across all 37 years on record.
That represents a change of up 14.6% on the previous year and up 250.1% over ten years.
Over the whole period, insurance business written by class of insurance — premiums ceded in Portugal peaked at 1,380 Euro in 2024 and was at its lowest, 9.63 Euro, in 1987.
That places Portugal 5th out of 40 countries with data for 2024, putting it in the top quarter.
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 Portugal, year by year
| Year | Euro | Change |
|---|---|---|
| 1987 | 9.63 Euro | — |
| 1988 | 11.68 Euro | +21.3% |
| 1989 | 15.3 Euro | +31.0% |
| 1990 | 19.1 Euro | +24.8% |
| 1991 | 24.65 Euro | +29.0% |
| 1992 | 30.23 Euro | +22.6% |
| 1993 | 34.25 Euro | +13.3% |
| 1994 | 25.64 Euro | -25.1% |
| 1995 | 34.63 Euro | +35.1% |
| 1996 | 55.81 Euro | +61.2% |
| 1997 | 68.58 Euro | +22.9% |
| 1998 | 95.48 Euro | +39.2% |
| 1999 | 119.23 Euro | +24.9% |
| 2001 | 179.9 Euro | +50.9% |
| 2002 | 181.07 Euro | +0.7% |
| 2003 | 194.06 Euro | +7.2% |
| 2004 | 149.3 Euro | -23.1% |
| 2005 | 170.92 Euro | +14.5% |
| 2006 | 151.45 Euro | -11.4% |
| 2007 | 285.12 Euro | +88.3% |
| 2008 | 358.1 Euro | +25.6% |
| 2009 | 358.2 Euro | +0.0% |
| 2010 | 368.57 Euro | +2.9% |
| 2011 | 352.85 Euro | -4.3% |
| 2012 | 376.02 Euro | +6.6% |
| 2013 | 380.91 Euro | +1.3% |
| 2014 | 394.11 Euro | +3.5% |
| 2015 | 451.77 Euro | +14.6% |
| 2016 | 508.19 Euro | +12.5% |
| 2017 | 578.88 Euro | +13.9% |
| 2018 | 624.91 Euro | +8.0% |
| 2019 | 770.74 Euro | +23.3% |
| 2020 | 867.81 Euro | +12.6% |
| 2021 | 976.9 Euro | +12.6% |
| 2022 | 1,060 Euro | +8.5% |
| 2023 | 1,204 Euro | +13.5% |
| 2024 | 1,380 Euro | +14.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 12.21 Euro | 9.63 Euro | 15.3 Euro | 3 |
| 1990s | 50.76 Euro | 19.1 Euro | 119.23 Euro | 10 |
| 2000s | 225.35 Euro | 149.3 Euro | 358.2 Euro | 9 |
| 2010s | 480.69 Euro | 352.85 Euro | 770.74 Euro | 10 |
| 2020s | 1,098 Euro | 867.81 Euro | 1,380 Euro | 5 |
Countries ranked near Portugal
- 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 Latvia 4.65 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 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 — premiums ceded in Portugal?
- Insurance business written by class of insurance — premiums ceded in Portugal was 1,380 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 Portugal?
- The highest recorded value was 1,380 Euro in 2024.
- What is the lowest insurance business written by class of insurance — premiums ceded recorded in Portugal?
- The lowest recorded value was 9.63 Euro in 1987.
- How does Portugal rank for insurance business written by class of insurance — premiums ceded?
- Portugal ranks 5th out of 40 countries with data for 2024.
- Is insurance business written by class of insurance — premiums ceded rising or falling in Portugal?
- Over the last ten years it is up 250.1%. 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 — 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.