Insurance premiums to GDP ratio in Europe 2004-2018

This statistic shows the ratio of insurance premiums to GDP (insurance penetration) on the European domestic insurance market between 2004 and 2018. The ratio is used as an indicator of insurance sector development. In 2018, the premiums ratio to GDP was 5 percent.

Total premiums to GDP ratio as insurance penetration measure on the domestic market in Europe from 2004 to 2018

Total premiums to GDP ratio
20185%
20174.9%
20164.8%
20154.9%
20145.7%
20135.6%
20125.1%
20115.1%
20105.5%
20095.5%
20085.2%
20075.7%
20065.6%
20055.5%
20045.4%
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Source

Release date

September 2019

Region

Europe

Survey time period

2004 to 2018

Supplementary notes

The source adds further comments: "Total premiums to GDP, or the insurance penetration, is calculated as the ratio of gross written premiums to gross domestic product."
Data from 2004 to 2018 adjusted based on latest report.

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