Insurance business written by class of insurance — Premiums ceded in Spain
Spain: Insurance business written by class of insurance — Premiums ceded was 630.77 Euro in 2024. ◆ Volatile
Insurance business written by class of insurance — Premiums ceded in Spain, 1987–2024
Source: Organisation for Economic Co-operation and Development. Measured in Euro.
Analysis
Spain recorded 630.77 Euro for insurance business written by class of insurance — premiums ceded in 2024. That is the highest value across all 38 years on record.
That represents a change of up 11.8% on the previous year and up 114.2% over ten years.
Over the whole period, insurance business written by class of insurance — premiums ceded in Spain peaked at 630.77 Euro in 2024 and was at its lowest, 48.9 Euro, in 1988.
That places Spain 10th 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 Spain, year by year
| Year | Euro | Change |
|---|---|---|
| 1987 | 50.8 Euro | — |
| 1988 | 48.9 Euro | -3.8% |
| 1989 | 56.21 Euro | +14.9% |
| 1990 | 64.3 Euro | +14.4% |
| 1991 | 73.79 Euro | +14.8% |
| 1992 | 88.05 Euro | +19.3% |
| 1993 | 92.16 Euro | +4.7% |
| 1994 | 102.36 Euro | +11.1% |
| 1995 | 98.68 Euro | -3.6% |
| 1996 | 113.19 Euro | +14.7% |
| 1997 | 115.88 Euro | +2.4% |
| 1998 | 120.94 Euro | +4.4% |
| 1999 | 117.02 Euro | -3.2% |
| 2000 | 133.97 Euro | +14.5% |
| 2001 | 140 Euro | +4.5% |
| 2002 | 159 Euro | +13.6% |
| 2003 | 187 Euro | +17.6% |
| 2004 | 203 Euro | +8.6% |
| 2005 | 179 Euro | -11.8% |
| 2006 | 214 Euro | +19.6% |
| 2007 | 295 Euro | +37.9% |
| 2008 | 245 Euro | -16.9% |
| 2009 | 233.25 Euro | -4.8% |
| 2010 | 215 Euro | -7.8% |
| 2011 | 261.8 Euro | +21.8% |
| 2012 | 274.76 Euro | +5.0% |
| 2013 | 274.23 Euro | -0.2% |
| 2014 | 294.51 Euro | +7.4% |
| 2015 | 297.75 Euro | +1.1% |
| 2016 | 328.81 Euro | +10.4% |
| 2017 | 349.59 Euro | +6.3% |
| 2018 | 348.7 Euro | -0.3% |
| 2019 | 384.82 Euro | +10.4% |
| 2020 | 368.12 Euro | -4.3% |
| 2021 | 387.31 Euro | +5.2% |
| 2022 | 482.94 Euro | +24.7% |
| 2023 | 564.39 Euro | +16.9% |
| 2024 | 630.77 Euro | +11.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 51.97 Euro | 48.9 Euro | 56.21 Euro | 3 |
| 1990s | 98.64 Euro | 64.3 Euro | 120.94 Euro | 10 |
| 2000s | 198.92 Euro | 133.97 Euro | 295 Euro | 10 |
| 2010s | 303 Euro | 215 Euro | 384.82 Euro | 10 |
| 2020s | 486.71 Euro | 368.12 Euro | 630.77 Euro | 5 |
Countries ranked near Spain
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)
- Exports of goods and services (current LCU), annual growth rate 4.63 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 0.3242 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 12,524 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 3.57 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.2754 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 10,636 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 12.22 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.2061 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is insurance business written by class of insurance — premiums ceded in Spain?
- Insurance business written by class of insurance — premiums ceded in Spain was 630.77 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 Spain?
- The highest recorded value was 630.77 Euro in 2024.
- What is the lowest insurance business written by class of insurance — premiums ceded recorded in Spain?
- The lowest recorded value was 48.9 Euro in 1988.
- How does Spain rank for insurance business written by class of insurance — premiums ceded?
- Spain ranks 10th out of 40 countries with data for 2024.
- Is insurance business written by class of insurance — premiums ceded rising or falling in Spain?
- Over the last ten years it is up 114.2%. 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 — 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.