Iceland - Financial and Insurance Activities Gross Value Added
Since 2014, Iceland Financial and Insurance Activities Gross Value Added fell by 4.8points year on year. At 5.93 Percent of Gross Value Added in 2019, the country was number 12 among other countries in Financial and Insurance Activities Gross Value Added. Iceland is overtaken by United Kingdom, which was number 11 at 6.39 Percent of Gross Value Added and is followed by Ireland at 5.78 Percent of Gross Value Added. Luxembourg topped the ranking with 26.79 Percent of Gross Value Added in 2019, that is +2.2points versus 2018. South Africa, Switzerland and Australia respectively ranked number 2, 3 and 4 in this ranking. Brazil witnessed the best average annual growth at +3.7points per year, while Latvia was the worst growing country at -7.3points per year.
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| Date | Percent of Gross Value Added |
|---|---|
| 2019 | 5.93 |
| 2018 | 5.98 |
| 2017 | 6.50 |
| 2016 | 6.51 |
| 2015 | 6.69 |
How does Iceland 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 | |
| 11 |
#11
United Kingdom
|
6.39 % | 2019 | -5.5 % | -3.2 % | View data | |
| 12 |
#12
Iceland
|
5.93 % | 2019 | -0.8 % | -4.8 % | View data | |
| 13 |
#13
Ireland
|
5.78 % | 2019 | -4.4 % | -7.1 % | View data | |