The Financial Service Activities Gross Value Added (GVA) in the Netherlands shows a significant decline from 2013 to 2023, decreasing from 38.19 billion euros to 29.48 billion euros in 2023. The annual variations suggest consistent negative growth from 2016 to 2022, with the highest drop observed in 2021 at -6.59%. The last year-on-year variation for 2023 stood at 2.98%, indicating a slight rebound.
Forecast data suggest a positive trend from 2024, with the GVA expected to grow steadily, reaching 33.57 billion euros by 2028. The compound annual growth rate (CAGR) forecast over the next five years is 2.06%, reflecting a gradual recovery and a cumulative growth rate of 10.75% by 2028.
Future Trends:
- Technological advancements and the increasing adoption of fintech solutions.
- Regulatory changes impacting the financial services sector.
- Economic factors and potential global financial instability.
- The shift towards sustainable finance and climate-related financial risks.
