Luxembourg - Financial Services and Insurance Gross Value Added
Since 2015, Luxembourg Financial Services and Insurance Gross Value Added grew 2.7% year on year. In 2020, the country was ranked number 27 among other countries in Financial Services and Insurance Gross Value Added at €15,018.2 Million. United States lead the ranking with €1,344,165.2 Million in 2019, that is a growth of 4.2% compared to 2018. China, Japan and United Kingdom respectively ranked number 2, 3 and 4 in this ranking. China witnessed the best average annual growth at +11.7% per year, while Latvia was the worst growing country at -7.3% per year.
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| Date | Million Euros |
|---|---|
| 2020 | 15,018.20 |
| 2019 | 15,431.00 |
| 2018 | 14,253.60 |
| 2017 | 14,076.70 |
| 2016 | 13,598.50 |
Download all data from 1995 to 2020
How does Luxembourg 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 | |
| 25 |
#25
Norway
|
17,008.00 | 2020 | -0.6 % | +1.8 % | View data | |
| 27 |
#27
Luxembourg
|
15,018.20 | 2020 | -2.7 % | +2.7 % | View data | |
| 28 |
#28
Denmark
|
14,500.10 | 2020 | -0.8 % | +0.4 % | View data | |