In 2023, Italy led Europe in net operating surplus in activities auxiliary to financial service and insurance, with 11.39 billion Euros, up by 3.07% from the previous year. Germany and Luxembourg followed, showing increases of 4.55% and 4.09%, respectively. Spain experienced a 2.87% increase, while the Netherlands and Belgium reported minor growth. Ireland stood out with an 8.5% increase. Austria, Finland, Slovakia, and Estonia registered no growth. Slovenia showed a modest increase of 3.25%.
Future trends to watch include potential growth in Ireland due to its significant increase in 2023. Sustained economic stability and regulatory changes will also influence trends. Countries with no growth, like Austria and Finland, may adjust policies to enhance their financial and insurance auxiliary services industry.
Top countries in Net Operating Surplus in Activities Auxiliary to Financial Service and Insurance Activities by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 11,390 | 2023 | +2.14% | +3.07% | View data |
| 2 | 2 Germany | 4,240 | 2023 | +1.15% | +4.55% | View data |
| 3 | 3 Luxembourg | 3,950 | 2023 | +3.16% | +4.09% | View data |
| 4 | 4 Spain | 3,180 | 2023 | +2.84% | +2.87% | View data |
| 5 | 5 Netherlands | 2,110 | 2023 | +3.24% | +2.43% | View data |
| 6 | 6 Belgium | 1,720 | 2023 | +2.45% | +1.2% | View data |
| 7 | 7 Ireland | 830.66 | 2023 | +0.66% | +8.5% | View data |
| 8 | 8 Austria | 567.43 | 2023 | +3.04% | View data | |
| 9 | 9 Finland | 566 | 2023 | +3.66% | View data | |
| 10 | 10 Slovakia | 106.56 | 2023 | +4.43% | View data |
