Belgium - Finance and Insurance Value Added
Since 2014, Belgium Finance and Insurance Value Added was up 1.1points year on year. In 2019, the country was ranked number 10 among other countries in Finance and Insurance Value Added with 6.46 Percent of Value Added in Industry and Services. Belgium is overtaken by New Zealand, which was ranked number 9 with 6.5 Percent of Value Added in Industry and Services and is followed by Netherlands with 6.4 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 compared to 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 | 6.46 |
| 2018 | 6.52 |
| 2017 | 6.48 |
| 2016 | 6.35 |
| 2015 | 6.35 |
How does Belgium 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 | |
| 9 |
#9
New Zealand
|
6.50 % | 2019 | +1.1 % | +0.6 % | View data | |
| 10 |
#10
Belgium
|
6.46 % | 2019 | -1.1 % | +1.1 % | View data | |
| 11 |
#11
Netherlands
|
6.40 % | 2019 | -4.5 % | -6.3 % | View data | |