The forecast for the value added of activities auxiliary to financial service and insurance activities in Germany shows a steady increase from 21.88 billion euros in 2024 to 23.68 billion euros in 2028. This indicates a solid positive trend over the forecast period. Comparing the actual data from 2023, which stood at 21.48 billion euros, the forecasted year-on-year growth rate is modest but consistent. The compound annual growth rate (CAGR) over the five years is approximately 2% per year, reflecting steady industry expansion.
Future trends to watch for include:
- Technological advancements in financial services.
- Potential impact of regulatory changes within the EU.
- Market response to global economic shifts and their influence on the auxiliary services sector.