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

($ 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.