Macedonia - Financial Services and Insurance Gross Value Added

Since 2014, Macedonia Financial Services and Insurance Gross Value Added grew 5.5% year on year. At €327.5 Million in 2019, the country was ranked number 50 among other countries in Financial Services and Insurance Gross Value Added. Macedonia is overtaken by Bosnia and Herzegovina, which was number 49 with €621.1 Million and is followed by Albania with €292.9 Million. United States topped the ranking with €1,359,359.4 Million in 2019, an increase of 3.3% 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 +10.5% per year, while Greece witnessed the worst performance at -6.5% per year.

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Date Million Euros
2019 327.50
2018 314.10
2017 313.70
2016 285.40
2015 276.70
Download all data from 2000 to 2019

How does Macedonia rank in Financial Services and Insurance Gross Value Added?

# 53 Countries Million Euros Last YoY 5‑years CAGR
1 #1
United States
1,359,359.40 2019 +3.3 % +7.6 % View data
2 #2
China
939,927.20 2019 +6.2 % +10.5 % View data
49 #49
Bosnia and Herzegovina
621.10 2019 +2.3 % +3.3 % View data
50 #50
Macedonia
327.50 2019 +4.3 % +5.5 % View data
51 #51
Albania
292.90 2018 +1.4 % +6.2 % View data
Compare all 53 countries

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