Industry revenue of »insurance, reinsurance and pension funding« in Latvia 2011-2023

Published by Statista Research Department, Aug 27, 2024

This statistic shows the revenue of the industry »insurance, reinsurance and pension funding, except compulsory social security« in Latvia from 2011 to 2016, with a forecast to 2023. It is projected that the revenue of insurance, reinsurance and pension funding, except compulsory social security in Latvia will amount to approximately 633,3 million U.S. Dollars by 2023.

This statistic was automatically created using the well-proven Statista forecast algorithm based on similarity parameters to existing analyst forecasts. The basis for the original forecasts is a combination of time series forecasts, driver forecasts (GDP, population etc.) from sources such as World Bank or the International Monetary Fund and business surveys.

Industry revenue of »insurance, reinsurance and pension funding« in Latvia from 2011 to 2023 (in million U.S. Dollars)

Characteristic	Revenue in million U.S. Dollars
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Supplementary notes

* Estimate - This also applies for past years as data provided by statistical institutions often is not available for more recent years.

Currency conversion factor: (EUR -> USD) = 1.186

The industry classification is based on the NACE Rev.2 - system in Latvia. The industry “insurance, reinsurance and pension funding, except compulsory social security“ has the code “K65“.

Details on the methodology can be found here.

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