Turkey - Finance and Insurance Value Added
Since 2014, Turkey Finance and Insurance Value Added grew 1.8points year on year. At 3.54 Percent of Value Added in Industry and Services in 2019, the country was number 39 among other countries in Finance and Insurance Value Added. Turkey is overtaken by Hungary, which was number 38 at 3.58 Percent of Value Added in Industry and Services and is followed by Slovakia with 3.12 Percent of Value Added in Industry and Services. Luxembourg topped the ranking with 26.79 Percent of Value Added in Industry and Services in 2019, that is +2.2points versus 2018. South Africa, Switzerland and Australia respectively ranked number 2, 3 and 4 in this ranking. Brazil recorded the best 5 years average growth at +3.7points per year, while Latvia witnessed the worst performance at -7.3points per year.
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| Date | Percent of Value Added in Industry and Services |
|---|---|
| 2019 | 3.54 |
| 2018 | 3.33 |
| 2017 | 3.60 |
| 2016 | 3.76 |
| 2015 | 3.38 |
How does Turkey rank in Finance and Insurance Value Added?
| # | 43 Countries | Percent of Value Added in Industry and Services | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Luxembourg
|
26.79 % | 2019 | +2.2 % | +0.2 % | View data | |
| 2 |
#2
South Africa
|
13.84 % | 2019 | +0.1 % | -0.8 % | View data | |
| 38 |
#38
Hungary
|
3.58 % | 2019 | +1.9 % | -1.6 % | View data | |
| 39 |
#39
Turkey
|
3.54 % | 2019 | +6.5 % | +1.8 % | View data | |
| 40 |
#40
Slovakia
|
3.12 % | 2019 | -1.7 % | -3.1 % | View data | |