Iceland - Financial Services and Insurance Gross Value Added
Since 2015, Iceland Financial Services and Insurance Gross Value Added rose 2.5% year on year. In 2020, the country was number 45 comparing other countries in Financial Services and Insurance Gross Value Added with €1,045.4 Million. Iceland is overtaken by Estonia, which was ranked number 44 with €1,168.1 Million and is followed by Lithuania with €1,008.9 Million. United States ranked the highest with €1,344,165.2 Million in 2019, a growth 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 witnessed the worst performance at -7.3% per year.
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| Date | Million Euros |
|---|---|
| 2020 | 1,045.40 |
| 2019 | 1,132.10 |
| 2018 | 1,173.60 |
| 2017 | 1,228.10 |
| 2016 | 1,063.80 |
Download all data from 1995 to 2020
How does Iceland 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 | |
| 44 |
#44
Estonia
|
1,168.10 | 2020 | +6.8 % | +8.4 % | View data | |
| 45 |
#45
Iceland
|
1,045.40 | 2020 | -7.7 % | +2.5 % | View data | |
| 46 |
#46
Lithuania
|
1,008.90 | 2020 | -0.1 % | +7.4 % | View data | |