Forecast: Production of Activities Auxiliary to Financial Service and Insurance Activities in Germany

The production of activities auxiliary to financial services and insurance in Germany is forecasted to rise steadily from 2024 to 2028. In 2023, this sector's value was approximately 40.64 billion euros. Year-on-year growth is expected to be around 2% to 2.5% over the forecast period, with a compound annual growth rate (CAGR) of approximately 1.95% over the five years through 2028.

Future trends to watch for include:

  • Technological advancements influencing auxiliary services, potentially increasing efficiency and expanding offerings.
  • Regulatory changes at the European or national level that could impact growth rates due to compliance adjustments.
  • Evolving consumer behaviors and preferences affecting insurance and financial products, driving changes in auxiliary service demand.

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