In 2023, France led the European market in activities auxiliary to financial services and insurance, followed by Germany and Luxembourg. Year-on-year growth rates showed Ireland and Slovakia as the fastest-growing sectors, with Greece experiencing a decline. Over the last five years, the compound annual growth rate demonstrated moderate growth across most countries, with significant increases in smaller markets like Slovakia and Estonia, despite Greece's downturn.
Future trends to watch include potential shifts in the geopolitical landscape, regulatory changes, and technological advancements. As digitalization increases, countries with strong tech infrastructure may see accelerated growth, enhancing their share in auxiliary financial services activities.
Top countries in Production of Activities Auxiliary to Financial Service and Insurance Activities Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 25.19 | 2023 | +2.72% | +3.29% | View data |
| 2 | 2 Germany | 18.43 | 2023 | +1.95% | +2.73% | View data |
| 3 | 3 Luxembourg | 17.06 | 2023 | +3.31% | +3.81% | View data |
| 4 | 4 Italy | 13.97 | 2023 | +1.6% | +1.58% | View data |
| 5 | 5 Belgium | 6.12 | 2023 | +2.72% | +3.04% | View data |
| 6 | 6 Spain | 5.57 | 2023 | +2.18% | +2.5% | View data |
| 7 | 7 Netherlands | 4.84 | 2023 | +2.34% | +2.32% | View data |
| 8 | 8 Ireland | 4.6 | 2023 | +2.78% | +3.85% | View data |
| 9 | 9 Austria | 1.78 | 2023 | +2.04% | +2.4% | View data |
| 10 | 10 Finland | 1.65 | 2023 | +3.05% | +3.49% | View data |
