EU Financial Services and Insurance Gross Value Added
This key economic indicator for the Insurance sector has been recently updated.
- China increased 10.2% of Financial Services and Insurance Gross Value Added in 2019, compared to the previous year.
- Since 2014 China Financial Services and Insurance Gross Value Added grew 11.7% year on year at €996,407.5 Million.
- In 2019 United States was ranked number 1 in Financial Services and Insurance Gross Value Added.
- In 2020 Sweden was number 23 in Financial Services and Insurance Gross Value Added totalising €18,589.3 Million, compared to 26 in 2019.
Top Countries in EU Financial Services and Insurance Gross Value Added
# | 54 Countries | Million Euros | Last | YoY | 5‑years CAGR | |
---|---|---|---|---|---|---|
1 |
#1
United States
|
1,344,165.20 | 2019 | +4.2 % | +7.4 % | View data |
2 |
#2
China
|
996,407.50 | 2019 | +10.2 % | +11.7 % | View data |
3 |
#3
Japan
|
173,164.20 | 2019 | -0.9 % | +1.3 % | View data |
4 |
#4
United Kingdom
|
142,979.40 | 2019 | -2.1 % | -1.6 % | View data |
5 |
#5
Germany
|
116,907.00 | 2020 | +0.0 % | -0.5 % | View data |
6 |
#6
Brazil
|
107,031.40 | 2019 | +9.1 % | +0.9 % | View data |
7 |
#7
Australia
|
102,599.80 | 2019 | -1.2 % | +1.8 % | View data |
8 |
#8
Canada
|
102,418.50 | 2019 | +2.2 % | +2.7 % | View data |
9 |
#9
France
|
83,005.00 | 2020 | -4.6 % | -1.1 % | View data |
10 |
#10
South Korea
|
80,224.50 | 2019 | +0.0 % | +5.9 % | View data |
11 |
#11
Italy
|
74,353.40 | 2020 | -4.8 % | -2.3 % | View data |
12 |
#12
Switzerland
|
63,607.80 | 2020 | +0.3 % | +0.5 % | View data |
13 |
#13
Russia
|
57,779.20 | 2019 | +6.2 % | -0.9 % | View data |
14 |
#14
Mexico
|
47,110.00 | 2019 | +12.1 % | +6.2 % | View data |
15 |
#15
Spain
|
46,456.00 | 2020 | +7.1 % | +4.3 % | View data |
16 |
#16
Netherlands
|
45,003.00 | 2020 | -2.7 % | -3.0 % | View data |
17 |
#17
Indonesia
|
42,396.20 | 2019 | +15.6 % | +10.3 % | View data |
18 |
#18
South Africa
|
38,703.90 | 2019 | +0.7 % | +2.5 % | View data |
19 |
#19
Belgium
|
26,693.10 | 2020 | -2.7 % | +2.4 % | View data |
20 |
#20
Turkey
|
23,403.30 | 2020 | +7.9 % | +0.2 % | View data |
22 |
#22
Ireland
|
19,311.10 | 2020 | -0.2 % | +3.2 % | View data |
23 |
#23
Sweden
|
18,589.30 | 2020 | +13.8 % | -0.7 % | View data |
24 |
#24
Poland
|
18,371.80 | 2020 | -4.9 % | +4.2 % | View data |
25 |
#25
Norway
|
17,008.00 | 2020 | -0.6 % | +1.8 % | View data |
27 |
#27
Luxembourg
|
15,018.20 | 2020 | -2.7 % | +2.7 % | View data |
28 |
#28
Denmark
|
14,500.10 | 2020 | -0.8 % | +0.4 % | View data |
29 |
#29
Austria
|
13,964.00 | 2020 | -5.3 % | +0.7 % | View data |
30 |
#30
Israel
|
13,905.40 | 2019 | +4.6 % | +5.5 % | View data |
31 |
#31
New Zealand
|
11,281.80 | 2019 | +4.0 % | +5.2 % | View data |
32 |
#32
Portugal
|
8,716.50 | 2020 | -3.1 % | +1.1 % | View data |
33 |
#33
Czech Republic
|
7,947.10 | 2020 | -6.1 % | +4.1 % | View data |
34 |
#34
Greece
|
7,628.20 | 2020 | -8.5 % | -0.6 % | View data |
35 |
#35
Finland
|
6,516.00 | 2020 | +6.6 % | +2.3 % | View data |
36 |
#36
Romania
|
5,325.50 | 2020 | +2.7 % | +1.8 % | View data |
37 |
#37
Hungary
|
4,332.30 | 2020 | -2.3 % | +5.0 % | View data |
38 |
#38
Bulgaria
|
3,242.60 | 2020 | +5.3 % | +3.5 % | View data |
39 |
#39
Slovakia
|
2,585.90 | 2020 | -1.2 % | +1.1 % | View data |
40 |
#40
Croatia
|
2,489.60 | 2020 | -5.2 % | +1.1 % | View data |
41 |
#41
Slovenia
|
1,632.80 | 2020 | +1.8 % | +3.7 % | View data |
42 |
#42
Serbia
|
1,520.00 | 2020 | +5.0 % | +7.4 % | View data |
43 |
#43
Cyprus
|
1,494.30 | 2020 | -1.1 % | -5.6 % | View data |
44 |
#44
Estonia
|
1,168.10 | 2020 | +6.8 % | +8.4 % | View data |
45 |
#45
Iceland
|
1,045.40 | 2020 | -7.7 % | +2.5 % | View data |
46 |
#46
Lithuania
|
1,008.90 | 2020 | -0.1 % | +7.4 % | View data |
47 |
#47
Malta
|
1,001.20 | 2020 | +4.9 % | +6.2 % | View data |
48 |
#48
Liechtenstein
|
739.60 | 2018 | +24.9 % | NA | View data |
49 |
#49
Latvia
|
708.70 | 2020 | -9.0 % | -7.3 % | View data |
50 |
#50
Bosnia and Herzegovina
|
682.80 | 2019 | +4.3 % | +5.3 % | View data |
51 |
#51
Albania
|
312.50 | 2019 | +7.1 % | +4.5 % | View data |
52 |
#52
Macedonia
|
311.10 | 2020 | -0.5 % | +2.4 % | View data |
53 |
#53
Kosovo
|
269.40 | 2019 | +13.3 % | +4.0 % | View data |
54 |
#54
Montenegro
|
186.60 | 2019 | +0.3 % | +2.6 % | View data |
Source: European Commission