Italy - Financial and Insurance Activities Gross Value Added
Since 2014, Italy Financial and Insurance Activities Gross Value Added decreased by 3.5points year on year. In 2019, the country was number 18 among other countries in Financial and Insurance Activities Gross Value Added at 4.86 Percent of Gross Value Added. Italy is overtaken by Chile, which was number 17 with 5.24 Percent of Gross Value Added and is followed by Colombia at 4.77 Percent of Gross Value Added. Luxembourg ranked the highest with 26.79 Percent of Gross Value Added in 2019, that is 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 Gross Value Added |
|---|---|
| 2019 | 4.86 |
| 2018 | 4.91 |
| 2017 | 5.02 |
| 2016 | 5.32 |
| 2015 | 5.62 |
How does Italy 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 | |
| 17 |
#17
Chile
|
5.24 % | 2019 | +2.6 % | +0.5 % | View data | |
| 18 |
#18
Italy
|
4.86 % | 2019 | -1.1 % | -3.5 % | View data | |
| 19 |
#19
Colombia
|
4.77 % | 2019 | +0.3 % | +0.8 % | View data | |