South Africa - Financial Services and Insurance Gross Value Added
Since 2014, South Africa Financial Services and Insurance Gross Value Added jumped by 2.6% year on year. In 2019, the country was number 18 comparing other countries in Financial Services and Insurance Gross Value Added at €38,703.9 Million. South Africa is overtaken by Indonesia, which was ranked number 17 with €42,396.2 Million and is followed by Belgium with €26,693.1 Million. United States ranked the highest with €1,344,165.2 Million in 2019, +4.2% versus 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 +11.7% per year, while Latvia witnessed the worst performance at -7.3% per year.
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| Date | Million Euros |
|---|---|
| 2019 | 38,703.90 |
| 2018 | 38,427.10 |
| 2017 | 39,051.00 |
| 2016 | 34,295.70 |
| 2015 | 37,036.50 |
Download all data from 1994 to 2019
How does South Africa 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 | |
| 17 |
#17
Indonesia
|
42,396.20 | 2019 | +15.6 % | +10.3 % | View data | |
| 18 |
#18
South Africa
|
38,703.90 | 2019 | +0.7 % | +2.5 % | View data | |
| 19 |
#19
Belgium
|
26,693.10 | 2020 | -2.7 % | +2.4 % | View data | |