Insurance spending as a share of GDP in Italy 2000-2019
In 2019, the insurance spending in Italy amounted to almost eight percent of the country's gross domestic product (GDP). Insurance spending in Italy fluctuated over the period considered. In 2015, it peaked at nearly nine percent of the GDP.
Insurance spending is defined as the ratio of direct gross premiums to GDP, which represents the relative importance of the insurance industry in the domestic economy.
Insurance spending is defined as the ratio of direct gross premiums to GDP, which represents the relative importance of the insurance industry in the domestic economy.
