Turkey - Financial Services and Insurance Gross Value Added
Since 2015, Turkey Financial Services and Insurance Gross Value Added grew 0.2% year on year. In 2020, the country was number 20 among other countries in Financial Services and Insurance Gross Value Added with €23,403.3 Million. United States ranked the highest with €1,344,165.2 Million in 2019, a growth of 4.2% versus 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 recorded the worst performance at -7.3% per year.
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| Date | Million Euros |
|---|---|
| 2020 | 23,403.30 |
| 2019 | 21,687.90 |
| 2018 | 19,633.60 |
| 2017 | 24,276.40 |
| 2016 | 26,041.00 |
Download all data from 1998 to 2020
How does Turkey 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 | |
| 19 |
#19
Belgium
|
26,693.10 | 2020 | -2.7 % | +2.4 % | View data | |
| 20 |
#20
Turkey
|
23,403.30 | 2020 | +7.9 % | +0.2 % | View data | |
| 22 |
#22
Ireland
|
19,311.10 | 2020 | -0.2 % | +3.2 % | View data | |