Iceland - Finance and Insurance Value Added
Since 2014, Iceland Finance and Insurance Value Added was down by 4.8points year on year. In 2019, the country was ranked number 14 comparing other countries in Finance and Insurance Value Added at 5.93 Percent of Value Added in Industry and Services. Iceland is overtaken by South Korea, which was ranked number 13 at 5.96 Percent of Value Added in Industry and Services and is followed by Ireland with 5.78 Percent of Value Added in Industry and Services. Luxembourg ranked the highest with 26.79 Percent of Value Added in Industry and Services in 2019, that is an increase of 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 recorded the worst performance at -7.3points per year.
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Date | Percent of Value Added in Industry and Services |
---|---|
2019 | 5.93 |
2018 | 5.98 |
2017 | 6.50 |
2016 | 6.51 |
2015 | 6.69 |
How does Iceland 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 | |
13 |
#13
South Korea
|
5.96 % | 2019 | -0.6 % | +0.3 % | View data | |
14 |
#14
Iceland
|
5.93 % | 2019 | -0.8 % | -4.8 % | View data | |
15 |
#15
Ireland
|
5.78 % | 2019 | -4.4 % | -7.1 % | View data |