China - Finance and Insurance Value Added
Since 2014, China Finance and Insurance Value Added grew 1.3points year on year. In 2019, the country was ranked number 5 comparing other countries in Finance and Insurance Value Added at 7.78 Percent of Value Added in Industry and Services. China is overtaken by Australia, which was number 4 with 8.89 Percent of Value Added in Industry and Services and is followed by United States at 7.76 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, +2.2points compared to 2018. 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 Value Added in Industry and Services |
|---|---|
| 2019 | 7.78 |
| 2018 | 7.68 |
| 2017 | 7.79 |
| 2016 | 8.03 |
| 2015 | 8.17 |
How does China 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 | |
| 4 |
#4
Australia
|
8.89 % | 2019 | -1.1 % | -0.5 % | View data | |
| 5 |
#5
China
|
7.78 % | 2019 | +1.3 % | +1.3 % | View data | |
| 6 |
#6
United States
|
7.76 % | 2019 | +1.1 % | +0.9 % | View data | |