In 2023, Italy dominated the European Net Operating Surplus in Activities Auxiliary to Financial Service and Insurance Activities with a share of 39.61 million euros, followed by Germany and Luxembourg with 14.75 and 13.74 million euros respectively. The year-on-year data identifies that Ireland experienced the most substantial growth rate at 8.5%, whereas Austria, Finland, Slovakia, and Estonia saw no growth. Notably, Italy recorded a modest increase of 3.07%.
Looking ahead, the sector's growth is expected to be fueled by digitalization and regulatory developments, with emphasis on emerging financial hubs. Countries with high growth rates like Ireland may continue prospering as innovation and adaptability become key factors for future success.
Top countries in Net Operating Surplus in Activities Auxiliary to Financial Service and Insurance Activities Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 39.61 | 2023 | +2.14% | +3.07% | View data |
| 2 | 2 Germany | 14.75 | 2023 | +1.15% | +4.55% | View data |
| 3 | 3 Luxembourg | 13.74 | 2023 | +3.16% | +4.09% | View data |
| 4 | 4 Spain | 11.07 | 2023 | +2.84% | +2.87% | View data |
| 5 | 5 Netherlands | 7.32 | 2023 | +3.24% | +2.43% | View data |
| 6 | 6 Belgium | 5.97 | 2023 | +2.45% | +1.2% | View data |
| 7 | 7 Ireland | 2.89 | 2023 | +0.66% | +8.5% | View data |
| 8 | 8 Austria | 1.97 | 2023 | +3.04% | View data | |
| 9 | 9 Finland | 1.97 | 2023 | +3.66% | View data | |
| 10 | 10 Slovakia | 0.37 | 2023 | +4.43% | View data |
