Italy - Finance and Insurance Value Added
Since 2014, Italy Finance and Insurance Value Added fell by 3.5points year on year. With 4.86 Percent of Value Added in Industry and Services in 2019, the country was ranked number 22 comparing other countries in Finance and Insurance Value Added. Italy is overtaken by Portugal, which was number 21 with 4.88 Percent of Value Added in Industry and Services and is followed by Colombia with 4.77 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, an increase of 2.2points compared to 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 recorded the worst performance at -7.3points per year.
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| Date | Percent of Value Added in Industry and Services |
|---|---|
| 2019 | 4.86 |
| 2018 | 4.91 |
| 2017 | 5.02 |
| 2016 | 5.32 |
| 2015 | 5.62 |
How does Italy 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 | |
| 21 |
#21
Portugal
|
4.88 % | 2019 | -0.1 % | -1.7 % | View data | |
| 22 |
#22
Italy
|
4.86 % | 2019 | -1.1 % | -3.5 % | View data | |
| 23 |
#23
Colombia
|
4.77 % | 2019 | +0.3 % | +0.8 % | View data | |