In 2023, France leads in NPISHs and Households Life insurance and Annuity Entitlements with a value of 1.9286 trillion euros, growing by 0.16%. Slovakia shows the highest growth at 6.58%, while Latvia grows 10.69%. Germany also increased at 2.27%. In contrast, Belgium and Spain decreased by -5.38% and -8.33%, respectively. Over the last five years, differing trends are evident, with some countries experiencing substantial growth while others saw declines.
Looking forward, the European market for life insurance and annuity entitlements is expected to focus on volatility from economic and demographic shifts. Moreover, digitalization and regulatory changes will be significant factors influencing future trends. Special attention should be paid to countries with high growth rates and those adapting effectively to technological advancements.
Top countries in NPISHs and Households Life insurance and Annuity Entitlements by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,928,600 | 2023 | +2.39% | +0.16% | View data |
| 2 | 2 Slovakia | 1,411,100 | 2023 | +13.25% | +6.58% | View data |
| 3 | 3 Germany | 1,131,300 | 2023 | +4.07% | +2.27% | View data |
| 4 | 4 Netherlands | 159,470 | 2023 | +1.92% | +0.59% | View data |
| 5 | 5 Belgium | 139,470 | 2023 | -6.57% | -5.38% | View data |
| 6 | 6 Spain | 109,000 | 2023 | -22.91% | -8.33% | View data |
| 7 | 7 Ireland | 64,740 | 2023 | +0.95% | +6% | View data |
| 8 | 8 Finland | 54,430 | 2023 | +4.08% | +5.76% | View data |
| 9 | 9 Austria | 52,610 | 2023 | -17.22% | -7.55% | View data |
| 10 | 10 Portugal | 36,530 | 2023 | -3.53% | -4.1% | View data |
