Turkey - Financial and Insurance Activities Gross Value Added
Since 2014, Turkey Financial and Insurance Activities Gross Value Added jumped by 1.8points year on year. With 3.54 Percent of Gross Value Added in 2019, the country was number 32 among other countries in Financial and Insurance Activities Gross Value Added. Turkey is overtaken by Hungary, which was ranked number 31 with 3.58 Percent of Gross Value Added and is followed by Slovakia at 3.12 Percent of Gross Value Added. Luxembourg ranked the highest with 26.79 Percent of Gross Value Added in 2019, an increase of 2.2points versus 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 was the worst growing country at -7.3points per year.
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| Date | Percent of Gross Value Added |
|---|---|
| 2019 | 3.54 |
| 2018 | 3.33 |
| 2017 | 3.60 |
| 2016 | 3.76 |
| 2015 | 3.38 |
How does Turkey rank in Financial and Insurance Activities Gross Value Added?
| # | 36 Countries | Percent of Gross Value Added | 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 | |
| 31 |
#31
Hungary
|
3.58 % | 2019 | +1.9 % | -1.6 % | View data | |
| 32 |
#32
Turkey
|
3.54 % | 2019 | +6.5 % | +1.8 % | View data | |
| 33 |
#33
Slovakia
|
3.12 % | 2019 | -1.7 % | -3.1 % | View data | |