Italy - Financial Services and Insurance Gross Value Added
Since 2015, Italy Financial Services and Insurance Gross Value Added fell by 2.3% year on year. With €74,353.4 Million in 2020, the country was number 11 among other countries in Financial Services and Insurance Gross Value Added. Italy is overtaken by South Korea, which was ranked number 10 with €80,224.5 Million and is followed by Switzerland at €63,607.8 Million. United States topped the ranking with €1,344,165.2 Million in 2019, that is +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 | 74,353.40 |
| 2019 | 78,117.60 |
| 2018 | 78,118.60 |
| 2017 | 78,131.80 |
| 2016 | 80,991.80 |
Download all data from 1995 to 2020
How does Italy 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 | |
| 10 |
#10
South Korea
|
80,224.50 | 2019 | +0.0 % | +5.9 % | View data | |
| 11 |
#11
Italy
|
74,353.40 | 2020 | -4.8 % | -2.3 % | View data | |
| 12 |
#12
Switzerland
|
63,607.80 | 2020 | +0.3 % | +0.5 % | View data | |