The global flood insurance market was estimated at 11.6 billion U.S. dollars in 2021. This market is forecast to grow at a compound annual growth rate (CAGR) of 21.4 percent until 2027, surpassing 37 billion U.S. dollars that year.
Flood insurance market size worldwide in 2021, with a forecast to 2027
(in billion U.S. dollars)
* Starting from the indicated year, figures are forecasts
Supplementary notes
For the Statista estimate an exponential development of the values between 2021 and 2027 was assumed to estimate the annual values. The values for 2021 and 2027 were provided by the source.
Figures have been rounded.
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Business Research Insights, & Statista. (September 4, 2023). Flood insurance market size worldwide in 2021, with a forecast to 2027 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1415032/global-flood-insurance-market-size/
Business Research Insights, und Statista. "Flood insurance market size worldwide in 2021, with a forecast to 2027 (in billion U.S. dollars)." Chart. September 4, 2023. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1415032/global-flood-insurance-market-size/
Business Research Insights, Statista. (2023). Flood insurance market size worldwide in 2021, with a forecast to 2027 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1415032/global-flood-insurance-market-size/
Business Research Insights, and Statista. "Flood Insurance Market Size Worldwide in 2021, with a Forecast to 2027 (in Billion U.S. Dollars)." Statista, Statista Inc., 4 Sep 2023, https://www.statista.com/statistics/1415032/global-flood-insurance-market-size/
Business Research Insights & Statista, Flood insurance market size worldwide in 2021, with a forecast to 2027 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1415032/global-flood-insurance-market-size/ (last visited November 22, 2024)
Flood insurance market size worldwide in 2021, with a forecast to 2027 (in billion U.S. dollars) [Graph], Business Research Insights, & Statista, September 4, 2023. [Online]. Available: https://www.statista.com/statistics/1415032/global-flood-insurance-market-size/
