South Korea - Finance and Insurance Value Added

Since 2014, South Korea Finance and Insurance Value Added grew 0.2points year on year. In 2019, the country was number 14 among other countries in Finance and Insurance Value Added at 5.92 Percent of Value Added in Industry and Services. South Korea is overtaken by Netherlands, which was ranked number 13 with 6.37 Percent of Value Added in Industry and Services and is followed by Costa Rica with 5.41 Percent of Value Added in Industry and Services. Luxembourg topped 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 witnessed the best average annual growth at +3.7points per year, while Iceland witnessed the worst performance at -7.1points per year.

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Date Percent of Value Added in Industry and Services
2019 5.92
2018 6.03
2017 5.78
2016 5.62
2015 5.80
Download all data from 1970 to 2019

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
13.92 % 2019 +0.7 % -0.7 % View data
13 #13
Netherlands
6.37 % 2019 -6.0 % -6.4 % View data
14 #14
South Korea
5.92 % 2019 -1.8 % +0.2 % View data
15 #15
Costa Rica
5.41 % 2019 +0.6 % +1.4 % View data
Compare all 43 countries

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