Belgium - Financial and Insurance Activities Gross Value Added
Since 2014, Belgium Financial and Insurance Activities Gross Value Added rose 1.1points year on year. At 6.46 Percent of Gross Value Added in 2019, the country was number 10 among other countries in Financial and Insurance Activities Gross Value Added. Belgium is overtaken by New Zealand, which was number 9 with 6.5 Percent of Gross Value Added and is followed by United Kingdom with 6.39 Percent of Gross Value Added. Luxembourg lead the ranking with 26.79 Percent of Gross Value Added in 2019, a growth of 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 witnessed the worst performance at -7.3points per year.
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| Date | Percent of Gross Value Added |
|---|---|
| 2019 | 6.46 |
| 2018 | 6.52 |
| 2017 | 6.48 |
| 2016 | 6.35 |
| 2015 | 6.35 |
How does Belgium rank in Financial and Insurance Activities Gross Value Added?
| # | 36 Countries | Percent of Gross Value Added | 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
United Kingdom
|
6.39 % | 2019 | -5.5 % | -3.2 % | View data | |