Switzerland - Financial Services and Insurance Gross Value Added
Since 2015, Switzerland Financial Services and Insurance Gross Value Added grew 0.5% year on year. With €63,607.8 Million in 2020, the country was ranked number 12 among other countries in Financial Services and Insurance Gross Value Added. Switzerland is overtaken by Italy, which was number 11 with €74,353.4 Million and is followed by Russia at €57,779.2 Million. United States topped the ranking with €1,344,165.2 Million in 2019, that is +4.2% compared to 2018. China, Japan and United Kingdom respectively ranked number 2, 3 and 4 in this ranking. China witnessed the best average annual growth at +11.7% per year, while Latvia witnessed the worst performance at -7.3% per year.
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| Date | Million Euros |
|---|---|
| 2020 | 63,607.80 |
| 2019 | 63,397.70 |
| 2018 | 60,189.40 |
| 2017 | 58,859.60 |
| 2016 | 60,856.50 |
Download all data from 1990 to 2020
How does Switzerland 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 | |
| 11 |
#11
Italy
|
74,353.40 | 2020 | -4.8 % | -2.3 % | View data | |
| 12 |
#12
Switzerland
|
63,607.80 | 2020 | +0.3 % | +0.5 % | View data | |
| 13 |
#13
Russia
|
57,779.20 | 2019 | +6.2 % | -0.9 % | View data | |