The analysis of European household expenditure on insurance reveals significant variations across countries. In 2023, the Netherlands led with the highest per capita spending, followed by France and Luxembourg. Countries such as Croatia, Slovenia, and Denmark saw notable growth. Conversely, expenditure decreased in the United Kingdom and Luxembourg. Over five years, significant growth trends were observed in Sweden and Denmark, while others like Romania and Macedonia faced declines.
Future trends indicate possible growth in Nordic countries due to increased awareness of insurance benefits. However, political and economic conditions in Eastern Europe may continue to restrict spending increases in these regions.
Top countries in Household Expenditure on Insurance by Country
| # | 10 Countries | Euros Per Capita | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 1,170 | 2023 | +0.52% | +2.51% | View data |
| 2 | 2 France | 943 | 2023 | +2.5% | +2.34% | View data |
| 3 | 3 Luxembourg | 864 | 2023 | +1.65% | -3.07% | View data |
| 4 | 4 Belgium | 787 | 2023 | +0.9% | +2.37% | View data |
| 5 | 5 Germany | 707 | 2023 | +1% | +1.7% | View data |
| 6 | 6 Denmark | 702 | 2023 | +1.74% | +6.19% | View data |
| 7 | 7 Austria | 699 | 2023 | +2.79% | +1.46% | View data |
| 8 | 8 Finland | 647 | 2023 | +2.38% | +5.22% | View data |
| 9 | 9 Italy | 435 | 2023 | +1.16% | +1.69% | View data |
| 10 | 10 Slovenia | 395 | 2023 | +1.28% | +5.66% | View data |
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