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

($ 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.