New Zealand - Finance and Insurance Value Added
Since 2014, New Zealand Finance and Insurance Value Added rose 0.6points year on year. In 2019, the country was number 9 among other countries in Finance and Insurance Value Added with 6.5 Percent of Value Added in Industry and Services. New Zealand is overtaken by Canada, which was number 8 with 7.3 Percent of Value Added in Industry and Services and is followed by Belgium with 6.46 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, that is an increase 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 witnessed the worst performance at -7.3points per year.
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| Date | Percent of Value Added in Industry and Services |
|---|---|
| 2019 | 6.50 |
| 2018 | 6.43 |
| 2017 | 6.42 |
| 2016 | 6.06 |
| 2015 | 6.21 |
How does New Zealand 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 | |
| 8 |
#8
Canada
|
7.30 % | 2019 | +0.3 % | +0.7 % | View data | |
| 9 |
#9
New Zealand
|
6.50 % | 2019 | +1.1 % | +0.6 % | View data | |
| 10 |
#10
Belgium
|
6.46 % | 2019 | -1.1 % | +1.1 % | View data | |