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

($ 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.