South Korea - Financial Services and Insurance Value Added
Since 2014, South Korea Financial Services and Insurance Value Added was down by 1points year on year. In 2019, the country was number 16 comparing other countries in Financial Services and Insurance Value Added with 5.34 Percent. South Korea is overtaken by Costa Rica, which was ranked number 15 with 5.36 Percent and is followed by Iceland with 5.32 Percent. Luxembourg ranked the highest with 27.03 Percent in 2019, that is an increase of 2points versus 2018. South Africa, Australia and Switzerland respectively ranked number 2, 3 and 4 in this ranking. China witnessed the best average annual growth at +4.2points per year, while Iceland was the worst growing country at -7.3points per year.
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| Date | Percent |
|---|---|
| 2019 | 5.34 |
| 2018 | 5.39 |
| 2017 | 5.47 |
| 2016 | 5.44 |
| 2015 | 5.53 |
Download all data from 1970 to 2019
How does South Korea rank in Financial Services and Insurance Value Added?
| # | 42 Countries | Percent | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Luxembourg
|
27.03 % | 2019 | +2.0 % | +0.4 % | View data | |
| 2 |
#2
South Africa
|
13.92 % | 2019 | +0.7 % | -0.7 % | View data | |
| 15 |
#15
Costa Rica
|
5.36 % | 2019 | +0.8 % | +1.2 % | View data | |
| 16 |
#16
South Korea
|
5.34 % | 2019 | -1.0 % | -0.9 % | View data | |
| 17 |
#17
Iceland
|
5.32 % | 2019 | -3.3 % | -7.3 % | View data | |