Motor vehicle insurance premium reached USD 176 mil in 2013 in Iceland, according to the National Central Bank / OECD. This is 4.01% more than in the previous year.
Historically, motor vehicle insurance premium in Iceland reached an all time high of USD 218 mil in 2008 and an all time low of USD 44.9 mil in 1987.
Iceland has been ranked 34th within the group of 34 countries we follow in terms of motor vehicle insurance premium.
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