South Korea - Finance and Insurance Value Added
Since 2014, South Korea Finance and Insurance Value Added grew 0.3points year on year. With 5.96 Percent of Value Added in Industry and Services in 2019, the country was number 13 among other countries in Finance and Insurance Value Added. South Korea is overtaken by United Kingdom, which was ranked number 12 at 6.39 Percent of Value Added in Industry and Services and is followed by Iceland with 5.93 Percent of Value Added in Industry and Services. Luxembourg lead the ranking with 26.79 Percent of Value Added in Industry and Services in 2019, an increase of 2.2points compared to 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.
Loading...
| Date | Percent of Value Added in Industry and Services |
|---|---|
| 2019 | 5.96 |
| 2018 | 6.00 |
| 2017 | 5.78 |
| 2016 | 5.62 |
| 2015 | 5.80 |
How does South Korea 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 | |
| 12 |
#12
United Kingdom
|
6.39 % | 2019 | -5.5 % | -3.2 % | View data | |
| 13 |
#13
South Korea
|
5.96 % | 2019 | -0.6 % | +0.3 % | View data | |
| 14 |
#14
Iceland
|
5.93 % | 2019 | -0.8 % | -4.8 % | View data | |