Household expenditure on life insurance in France exhibited a fluctuating trend from 2013 to 2023, moving from 17.31 billion euros in 2013 to 19.28 billion euros in 2023. The year-on-year variations indicate significant drops in 2014 and 2020, likely due to economic downturns, with a sharp decline of 15.91% in 2020, followed by a similar recovery rate in 2021.

Examining recent trends, 2022 saw a solid rise of 6.56%, while 2023 saw a modest increase of 1.19%. The Compound Annual Growth Rate (CAGR) over the past five years has been around 1.27%, suggesting a stable but slow growth trajectory.

Future trends to watch for:

Forecasted steady growth of household expenditure on life insurance, projected to reach 20.4 billion euros by 2028.
A forecasted CAGR of approximately 0.95% over the next five years signifies moderate market growth.
Potential market fluctuations due to changes in the economic environment, regulatory landscape, and evolving consumer preferences.