Albania - Financial Services and Insurance Gross Value Added
Since 2014, Albania Financial Services and Insurance Gross Value Added increased 4.5% year on year. In 2019, the country was ranked number 51 among other countries in Financial Services and Insurance Gross Value Added with €312.5 Million. Albania is overtaken by Bosnia and Herzegovina, which was number 50 with €682.8 Million and is followed by Macedonia with €311.1 Million. United States lead the ranking with €1,344,165.2 Million in 2019, that is +4.2% compared to 2018. China, Japan and United Kingdom respectively ranked number 2, 3 and 4 in this ranking. China recorded the best 5 years average growth at +11.7% per year, while Latvia was the worst growing country at -7.3% per year.
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| Date | Million Euros |
|---|---|
| 2019 | 312.50 |
| 2018 | 291.90 |
| 2017 | 288.80 |
| 2016 | 260.50 |
| 2015 | 278.90 |
Download all data from 1996 to 2019
How does Albania rank in 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 | |
| 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 | |