As of 2024, France leads with 37.7 million euros, followed by Slovakia at 27.58 million euros and Germany at 22.11 million euros. The growth rates from 2023 indicate significant increases in Slovakia (6.58%), Ireland (6.0%), and Latvia (10.69%). Conversely, Belgium, Spain, and Austria have seen declines of -5.38%, -8.33%, and -7.55%, respectively. Year-on-year variations point to notable national shifts in insurance shares.
Monitoring European NPISHs and households' life insurance and annuity entitlements, it is essential to observe emerging markets with high growth rates, such as Slovakia and Ireland. Also, scrutinize factors affecting markets with declining values, such as Spain and Austria. The ongoing economic adjustments and demographic shifts will continue to shape these trends.
Top countries in NPISHs and Households Life insurance and Annuity Entitlements Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 37.7 | 2023 | +2.39% | +0.16% | View data |
| 2 | 2 Slovakia | 27.58 | 2023 | +13.25% | +6.58% | View data |
| 3 | 3 Germany | 22.11 | 2023 | +4.07% | +2.27% | View data |
| 4 | 4 Netherlands | 3.12 | 2023 | +1.92% | +0.59% | View data |
| 5 | 5 Belgium | 2.73 | 2023 | -6.57% | -5.38% | View data |
| 6 | 6 Spain | 2.13 | 2023 | -22.91% | -8.33% | View data |
| 7 | 7 Ireland | 1.27 | 2023 | +0.95% | +6% | View data |
| 8 | 8 Finland | 1.06 | 2023 | +4.08% | +5.76% | View data |
| 9 | 9 Austria | 1.03 | 2023 | -17.22% | -7.55% | View data |
| 10 | 10 Portugal | 0.71 | 2023 | -3.53% | -4.1% | View data |
