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
Million Euros - 1975 to 2020
| # | 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 |
Source: European Commission