In 2024, France leads the European Activities Auxiliary to Financial Services and Insurance Activities sector with an output of €66.85 billion, followed by Germany at €60.08 billion and the United Kingdom at €47.47 billion. Over the past year, Germany saw the highest year-on-year growth among the top countries at 10.43%, while France grew by 7.12% and the UK by 1.48%. Smaller economies such as Cyprus and Lithuania experienced significant growth rates of 26.74% and 46.53%, respectively. Conversely, Croatia was the only country to record a negative growth rate, at -0.65%.
Several future trends should be monitored in the European Activities Auxiliary to Financial Services and Insurance Activities sector:
- The continued digital transformation across the industry, influencing operational efficiencies and costs.
- Regulatory changes in financial markets that could impact reporting and compliance-related expenditures.
- Potential economic uncertainties influencing investment and risk management activities.
- Growth potentials in emerging European markets that display robust year-on-year growth rates.
Top countries in Activities Auxiliary to Financial Services and Insurance Activities Output by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 66,850 | 2023 | +5.16% | +7.12% | View data |
| 2 | 2 Germany | 60,080 | 2023 | +8.29% | +10.43% | View data |
| 3 | 3 United Kingdom | 47,470 | 2023 | +1.13% | +1.48% | View data |
| 4 | 4 Luxembourg | 45,240 | 2023 | +8.15% | +7.45% | View data |
| 5 | 5 Italy | 28,740 | 2023 | +0.8% | +0.13% | View data |
| 6 | 6 Belgium | 14,060 | 2023 | +3.25% | +3.83% | View data |
| 7 | 7 Spain | 13,210 | 2023 | +1.82% | +3.83% | View data |
| 8 | 8 Netherlands | 12,260 | 2023 | +1.89% | +5.13% | View data |
| 9 | 9 Ireland | 10,530 | 2023 | +3.22% | +5.67% | View data |
| 10 | 10 Poland | 5,880 | 2023 | +2.39% | +2.28% | View data |
