Cyprus - Financial Services and Insurance Gross Value Added
Since 2015, Cyprus Financial Services and Insurance Gross Value Added decreased by 5.6% year on year. In 2020, the country was number 43 among other countries in Financial Services and Insurance Gross Value Added at €1,494.3 Million. Cyprus is overtaken by Serbia, which was number 42 with €1,520 Million and is followed by Estonia with €1,168.1 Million. United States topped the ranking with €1,344,165.2 Million in 2019, that is an increase of 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 |
|---|---|
| 2020 | 1,494.30 |
| 2019 | 1,511.60 |
| 2018 | 1,591.20 |
| 2017 | 1,821.80 |
| 2016 | 1,872.30 |
Download all data from 1995 to 2020
How does Cyprus 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 | |
| 42 |
#42
Serbia
|
1,520.00 | 2020 | +5.0 % | +7.4 % | View data | |
| 43 |
#43
Cyprus
|
1,494.30 | 2020 | -1.1 % | -5.6 % | View data | |
| 44 |
#44
Estonia
|
1,168.10 | 2020 | +6.8 % | +8.4 % | View data | |