Macedonia - Financial Services and Insurance Gross Value Added
Since 2015, Macedonia Financial Services and Insurance Gross Value Added jumped by 2.4% year on year. In 2020, the country was ranked number 52 comparing other countries in Financial Services and Insurance Gross Value Added at €311.1 Million. Macedonia is overtaken by Albania, which was ranked number 51 at €312.5 Million and is followed by Kosovo at €269.4 Million. United States ranked the highest with €1,344,165.2 Million in 2019, that is an increase 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 witnessed the worst performance at -7.3% per year.
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| Date | Million Euros |
|---|---|
| 2020 | 311.10 |
| 2019 | 312.50 |
| 2018 | 313.40 |
| 2017 | 313.70 |
| 2016 | 285.40 |
How does Macedonia 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 | |
| 51 |
#51
Albania
|
312.50 | 2019 | +7.1 % | +4.5 % | View data | |
| 52 |
#52
Macedonia
|
311.10 | 2020 | -0.5 % | +2.4 % | View data | |
| 53 |
#53
Kosovo
|
269.40 | 2019 | +13.3 % | +4.0 % | View data | |