Belgium - Financial Services and Insurance Gross Value Added

Since 2015, Belgium Financial Services and Insurance Gross Value Added jumped by 2.4% year on year. At €26,693.1 Million in 2020, the country was ranked number 19 comparing other countries in Financial Services and Insurance Gross Value Added. Belgium is overtaken by South Africa, which was ranked number 18 with €38,703.9 Million and is followed by Turkey with €23,403.3 Million. United States ranked the highest with €1,344,165.2 Million in 2019, a growth of 4.2% compared to 2018. China, Japan and United Kingdom respectively ranked number 2, 3 and 4 in this ranking. China witnessed the best average annual 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
2020 26,693.10
2019 27,436.70
2018 26,785.90
2017 25,705.00
2016 24,397.00
Download all data from 1995 to 2020

How does Belgium 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
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
Compare all 54 countries

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