Current Table

Insurance Sector's Share Of Gross Domestic Product (GDP), 2016-2020
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($ billions)

    Insurance carriers and
related activities
Year Total GDP GDP Percent of
total GDP
2016 $18,745.1 $570.9 3.0%
2017 19,543.0 560.6 2.9
2018 20,611.9 603.0 2.9
2019 21,433.2 615.0 2.9
2020 20,936.6 645.5 3.1

Source: U.S. Department of Commerce, Bureau of Economic Analysis.

 

Archived Tables

INSURANCE SECTOR'S SHARE OF GROSS DOMESTIC PRODUCT (GDP), 2003-2007
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($ billions)

    Insurance carriers and related activities
Year Total GDP GDP Percent of total GDP
2003 $10,886.2 $255.0 2.3%
2004 11,607.0 267.7 2.3
2005 12,339.0 280.0 2.3
2006 13,090.8 311.8 2.4
2007 13,715.7 332.5 2.4

Source: U.S. Department of Commerce, Bureau of Economic Analysis.

 
INSURANCE SECTOR'S SHARE OF GROSS DOMESTIC PRODUCT (GDP), 2004-2008
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($ billions)

    Insurance carriers and related activities
Year Total GDP GDP Percent of total GDP
2004 $11,867.8 $319.6 2.7%
2005 12,638.4 337.5 2.7
2006 13,398.9 367.4 2.7
2007 14,077.6 392.5 2.8
2008 14,441.4 464.0 3.2

Source: U.S. Department of Commerce, Bureau of Economic Analysis.

 
INSURANCE SECTOR'S SHARE OF GROSS DOMESTIC PRODUCT (GDP), 2005-2009
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($ billions)

    Insurance carriers and related activities
Year Total GDP GDP Percent of total GDP
2005 $12,638.4 $337.5 2.7%
2006 13,398.9 367.4 2.7
2007 14,061.8 392.4 2.8
2008 14,369.1 350.9 2.4
2009 14,119.0 424.5 3.0

Source: U.S. Department of Commerce, Bureau of Economic Analysis.

 
INSURANCE SECTOR'S SHARE OF GROSS DOMESTIC PRODUCT (GDP), 2006-2010
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($ billions)

    Insurance carriers and related activities
Year Total GDP GDP Percent of total GDP
2006 $13,377.2 $363.6 2.7%
2007 14,028.7 388.8 2.8
2008 14,291.5 345.6 2.4
2009 13,939.0 369.9 2.7
2010 14,526.5 404.6 2.8

Source: U.S. Department of Commerce, Bureau of Economic Analysis.

 
INSURANCE SECTOR'S SHARE OF GROSS DOMESTIC PRODUCT (GDP), 2007-2011
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($ billions)

    Insurance carriers and related activities
Year Total GDP GDP Percent of total GDP
2007 $14,028.7 $388.8 2.8%
2008 14,291.5 345.6 2.4
2009 13,973.7 388.1 2.8
2010 14,498.9 383.8 2.6
2011 15,075.7 397.6 2.6

Source: U.S. Department of Commerce, Bureau of Economic Analysis.

 
INSURANCE SECTOR'S SHARE OF GROSS DOMESTIC PRODUCT (GDP), 2007-2011
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($ billions)

    Insurance carriers and related activities
Year Total GDP GDP Percent of total GDP
2007 $14,028.7 $388.8 2.8%
2008 14,291.5 345.6 2.4
2009 13,973.7 388.1 2.8
2010 14,498.9 383.8 2.6
2011 15,075.7 397.6 2.6

Source: U.S. Department of Commerce, Bureau of Economic Analysis.

 
INSURANCE SECTOR'S SHARE OF GROSS DOMESTIC PRODUCT (GDP), 2007-2011
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($ billions)

    Insurance carriers and related activities
Year Total GDP GDP Percent of total GDP
2007 $14,028.7 $388.8 2.8%
2008 14,291.5 345.6 2.4
2009 13,973.7 388.1 2.8
2010 14,498.9 383.8 2.6
2011 15,075.7 397.6 2.6

Source: U.S. Department of Commerce, Bureau of Economic Analysis.

 
INSURANCE SECTOR'S SHARE OF GROSS DOMESTIC PRODUCT (GDP), 2008-2012
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($ billions)

 

 

    Insurance carriers and related activities
Year Total GDP GDP Percent of total GDP
2008 $14,720.3 $339.7 2.3%
2009 14,417.9 357.5 2.5
2010 14,958.3 364.8 2.4
2011 15,533.8 378.5 2.4
2012 16,244.6 413.1 2.5

Source: U.S. Department of Commerce, Bureau of Economic Analysis.

 
INSURANCE SECTOR'S SHARE OF GROSS DOMESTIC PRODUCT (GDP), 2009-2013
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($ billions)

    Insurance carriers
and related activities
Year Total GDP GDP Percent of total GDP
2009 $14,418.7 $357.6 2.5%
2010 14,964.4 365.2 2.4
2011 15,517.9 379.5 2.4
2012 16,163.2 398.9 2.5
2013 16,768.1 421.4 2.5

Source: U.S. Department of Commerce, Bureau of Economic Analysis.

 
Insurance Sector's Share Of Gross Domestic Product (GDP), 2010-2014
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($ billions)

    Insurance carriers and
related activities
Year Total GDP GDP Percent of total GDP
2010 $14,964.4 $365.2 2.4%
2011 15,517.9 379.5 2.4
2012 16,155.3 402.6 2.5
2013 16,663.2 410.3 2.5
2014 17,348.1 450.3 2.6

Source: U.S. Department of Commerce, Bureau of Economic Analysis.

 
Insurance Sector's Share Of Gross Domestic Product (GDP), 2012-2016
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($ billions)

    Insurance carriers and
related activities
Year Total GDP GDP Percent of total GDP
2012 $16,155.3 $402.6 2.5%
2013 16,691.5 406.2 2.4
2014 17,393.1 465.7 2.7
2015 18,036.6 489.3 2.7
2016 18,569.1 507.7 (1) 2.7

(1) Preliminary.

Source: U.S. Department of Commerce, Bureau of Economic Analysis.

 
Insurance Sector's Share Of Gross Domestic Product (GDP), 2013-2017
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($ billions)

    Insurance carriers and
related activities
Year Total GDP GDP Percent of total GDP
2013 $16,691.5 $406.2 2.4%
2014 17,427.6 473.1 2.7
2015 18,120.7 559.5 3.1
2016 18,624.5 585.9 3.1
2017 19,390.6 602.7 (1) 3.1

(1) Preliminary.

Source: U.S. Department of Commerce, Bureau of Economic Analysis.

 
Insurance Sector's Share Of Gross Domestic Product (GDP), 2014-2018
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($ billions)

    Insurance carriers and
related activities
Year Total GDP GDP Percent of
total GDP
2014 $17,521.7 $485.2 2.8%
2015 18,219.3 542.2 3.0
2016 18,707.2 557.5 3.0
2017 19,485.4 540.8 2.8
2018 20,494.1 564.5 2.8

Source: U.S. Department of Commerce, Bureau of Economic Analysis.

 
Insurance Sector's Share Of Gross Domestic Product (GDP), 2015-2019
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($ billions)

    Insurance carriers and
related activities
Year Total GDP GDP Percent of
total GDP
2015 $18,224.8 $552.3 3.0%
2016 18,715.0 569.1 3.0
2017 19,519.4 558.8 2.9
2018 20,580.2 609.2 3.0
2019 21,427.7 629.7 2.9

Source: U.S. Department of Commerce, Bureau of Economic Analysis.