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

($ 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.