Hungary - Finance and Insurance Value Added
Since 2014, Hungary Finance and Insurance Value Added fell by 1.6points year on year. In 2019, the country was ranked number 38 comparing other countries in Finance and Insurance Value Added with 3.58 Percent of Value Added in Industry and Services. Hungary is overtaken by Germany, which was ranked number 37 with 3.76 Percent of Value Added in Industry and Services and is followed by Turkey at 3.54 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, a growth of 2.2points versus 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 | 3.58 |
| 2018 | 3.52 |
| 2017 | 3.61 |
| 2016 | 3.49 |
| 2015 | 3.57 |
How does Hungary 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 | |
| 37 |
#37
Germany
|
3.76 % | 2019 | -1.7 % | -3.3 % | View data | |
| 38 |
#38
Hungary
|
3.58 % | 2019 | +1.9 % | -1.6 % | View data | |
| 39 |
#39
Turkey
|
3.54 % | 2019 | +6.5 % | +1.8 % | View data | |