Norway - Finance and Insurance Value Added
Since 2014, Norway Finance and Insurance Value Added grew 1.7points year on year. With 5.32 Percent of Value Added in Industry and Services in 2019, the country was number 18 comparing other countries in Finance and Insurance Value Added. Norway is overtaken by Denmark, which was number 17 at 5.36 Percent of Value Added in Industry and Services and is followed by Greece with 5.24 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, +2.2points compared to 2018. South Africa, Switzerland and Australia respectively ranked number 2, 3 and 4 in this ranking. Brazil witnessed the best average annual growth at +3.7points per year, while Latvia recorded the worst performance at -7.3points per year.
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| Date | Percent of Value Added in Industry and Services |
|---|---|
| 2019 | 5.32 |
| 2018 | 5.10 |
| 2017 | 5.38 |
| 2016 | 5.50 |
| 2015 | 5.04 |
How does Norway 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 | |
| 17 |
#17
Denmark
|
5.36 % | 2019 | -5.3 % | -2.2 % | View data | |
| 18 |
#18
Norway
|
5.32 % | 2019 | +4.2 % | +1.7 % | View data | |
| 19 |
#19
Greece
|
5.24 % | 2019 | -1.9 % | +0.4 % | View data | |