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Share of finance and business services in GDP



Share of finance and business services in GDP
Percent

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Country 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Albania 13.0 13.8 14.0 14.2 13.7 13.0 13.2 14.2 14.8 15.8 16.2 16.0 16.5 16.3 16.6 16.6 16.0 15.5 15.9
Andorra 34.5 35.8 36.8 34.2 33.4 34.2 36.0 35.7 35.9 36.9 37.5 36.7 35.1 34.2 34.3 35.8 37.6 37.6 ..
Azerbaijan 3.9 4.0 3.8 4.5 6.2 4.7 4.9 5.9 6.7 7.7 9.4 8.3 7.9 7.0 7.6 8.6 7.5 6.0 8.1
Austria 22.0 22.2 22.3 22.6 22.5 22.5 22.8 22.8 23.4 23.4 23.6 23.5 23.9 23.8 24.1 24.8 24.3 23.1 24.0
Armenia .. .. .. .. 9.6 8.9 9.7 15.5 15.4 16.1 16.0 16.4 16.1 16.6 17.7 17.1 16.9 20.2 19.9
Belgium 26.0 26.6 26.6 26.5 27.3 27.4 27.7 28.2 28.8 29.4 29.9 30.2 30.8 31.1 30.9 31.7 31.4 30.6 31.4
Bosnia and Herzegovina 16.2 15.4 15.1 13.7 14.3 14.5 14.5 14.8 14.4 14.5 14.6 14.7 14.9 14.6 14.7 14.7 14.3 13.9 14.5
Bulgaria 20.5 20.1 24.1 21.9 23.1 26.6 25.0 24.7 23.6 22.8 22.9 22.8 22.6 23.6 23.1 22.7 22.5 21.0 20.9
Belarus .. .. .. .. 13.2 12.7 12.0 10.6 12.7 13.3 14.4 15.6 15.1 14.8 14.6 14.8 14.6 14.5 15.5
Cyprus 22.9 24.0 24.7 24.7 26.3 27.4 28.9 30.3 31.4 31.6 32.3 31.1 30.0 28.7 28.1 31.4 30.8 29.4 29.4
Czechia 17.8 17.5 18.2 19.3 20.3 21.4 20.9 21.2 21.4 20.9 20.6 21.0 21.2 22.1 22.3 23.1 23.7 23.3 22.5
Denmark 22.7 22.4 22.8 23.3 24.7 24.5 24.6 24.6 24.7 24.8 25.4 26.0 25.9 26.3 26.1 26.2 25.3 23.4 25.1
Estonia 21.2 21.3 21.6 22.6 23.9 23.2 22.4 23.4 23.6 23.6 24.8 25.1 25.4 25.2 25.6 26.0 26.0 25.9 26.4
Finland 19.6 19.9 20.0 20.7 22.2 21.9 22.5 22.9 23.2 23.9 24.2 24.6 24.7 25.1 25.0 25.4 25.5 25.0 25.8
France 29.7 30.6 31.1 31.2 30.7 31.2 31.3 31.3 31.4 31.6 31.6 32.0 31.9 32.2 32.1 32.9 32.3 31.8 32.0
Georgia .. .. .. .. .. 20.7 19.2 20.1 20.6 21.0 20.9 21.1 21.0 20.5 19.9 19.4 17.9 17.6 18.9
Germany 27.3 27.1 27.1 27.1 27.6 27.1 26.9 26.7 27.1 26.8 27.0 26.7 26.3 26.4 26.0 26.4 26.8 25.6 25.6
Greece 22.1 21.3 22.8 24.0 24.9 27.3 28.3 28.2 28.5 28.9 28.0 28.2 27.6 26.9 27.2 26.9 25.8 24.0 25.7
Hungary 20.2 20.9 20.7 21.2 22.7 23.5 23.1 22.6 21.9 21.2 21.1 21.7 22.5 22.9 23.8 24.0 24.7 25.4 25.7
Iceland 25.6 26.7 30.8 26.9 29.5 26.4 24.4 26.3 25.7 26.6 25.9 26.0 26.4 26.2 26.3 25.5 25.2 24.6 24.2
Ireland 24.6 24.8 25.8 26.1 24.6 27.1 26.3 26.3 26.7 28.4 23.5 23.7 23.6 23.4 23.2 22.0 20.7 19.2 22.8
Italy 26.4 26.5 26.7 26.9 27.4 27.5 27.7 28.2 28.6 29.0 29.0 28.5 28.2 28.3 28.1 29.7 28.0 27.2 28.3
Kazakhstan .. .. .. .. .. 18.7 18.3 18.4 18.8 18.8 20.2 20.5 20.0 19.0 18.7 18.0 16.1 16.1 17.7
Kyrgyzstan .. .. .. .. .. 9.2 8.5 9.0 9.2 9.6 9.0 8.4 9.2 9.6 13.4 13.8 13.4 15.3 14.8
Latvia 19.9 22.2 23.8 23.6 21.6 20.8 22.6 23.6 24.4 25.4 24.5 25.1 23.9 23.8 22.9 23.3 23.1 22.3 23.8
Liechtenstein .. .. .. .. .. .. .. .. .. .. .. 36.2 33.0 33.2 33.9 34.5 35.5 .. ..
Lithuania 13.6 14.6 16.0 16.0 16.3 15.2 14.4 13.9 14.4 14.4 15.2 15.8 15.6 16.3 16.3 16.3 17.2 17.5 19.2
Luxembourg 44.2 47.4 47.8 48.1 48.0 48.2 46.1 47.3 48.0 47.9 48.8 48.9 49.1 48.1 47.1 47.3 48.0 47.7 48.0
Malta 21.5 23.0 23.1 21.7 24.0 25.5 25.3 27.1 27.4 26.6 27.8 30.4 31.0 30.9 32.6 33.6 32.4 32.5 35.8
Monaco .. .. .. .. .. 38.9 40.6 41.6 41.8 42.7 40.4 39.8 44.7 44.0 43.9 .. .. .. ..
Republic of Moldova .. .. .. .. .. 20.1 18.7 18.3 17.5 17.5 17.6 17.1 16.1 16.6 16.4 16.6 15.0 15.7 ..
Montenegro .. 17.5 16.7 15.0 15.2 16.1 17.0 17.6 17.5 18.7 17.7 17.6 17.6 17.7 17.8 19.6 18.3 18.1 18.3
Netherlands 27.8 28.2 28.7 28.7 28.8 29.0 29.0 28.5 28.4 29.5 29.8 29.9 30.0 30.1 30.0 30.0 29.4 29.1 30.0
Norway 16.1 15.6 17.0 16.1 18.3 17.7 17.0 17.7 18.4 18.8 19.6 20.5 19.9 19.2 20.2 21.7 17.7 14.1 17.2
Poland 16.5 16.5 17.0 17.0 16.4 16.5 16.4 16.4 17.0 17.4 17.2 17.4 18.1 18.2 19.1 19.1 18.3 18.8 19.8
Portugal 21.7 22.5 23.6 24.6 24.0 24.3 24.8 25.0 24.7 25.1 24.7 25.0 25.2 25.5 25.7 27.1 26.8 26.4 26.5
Romania 14.2 14.1 15.7 14.2 15.8 17.6 17.9 18.0 20.6 20.1 21.3 20.7 20.2 19.3 19.9 19.8 19.4 18.9 19.2
San Marino .. .. .. .. .. .. .. .. .. 25.7 25.6 24.9 24.9 20.7 22.1 21.8 .. .. ..
Serbia 22.6 20.9 18.7 18.3 20.8 20.6 19.0 19.7 19.2 20.3 20.2 19.8 19.7 19.6 19.5 19.7 18.9 18.9 19.9
Slovakia 18.9 18.9 19.0 20.1 22.0 21.4 20.9 21.3 23.9 21.2 21.9 23.0 23.1 23.4 22.1 23.4 24.0 25.2 21.8
Slovenia 20.3 20.7 20.6 21.2 22.2 22.7 22.3 21.6 21.6 21.8 21.9 21.5 21.4 21.4 21.0 20.8 21.1 21.9 21.9
Spain 19.5 20.5 21.8 22.2 22.6 22.6 23.4 24.2 24.4 24.8 24.3 24.2 24.1 24.5 24.6 26.3 25.4 24.6 24.9
Sweden 22.1 22.4 22.4 23.0 23.6 22.7 23.1 23.6 24.2 24.4 23.9 24.0 24.2 24.2 23.9 24.7 23.5 23.6 24.3
Switzerland 26.5 26.9 27.7 26.5 27.0 26.4 26.7 26.9 27.3 27.3 27.6 27.3 27.1 27.4 27.6 28.2 27.3 26.4 26.4
Tajikistan .. .. .. .. .. .. .. .. .. .. .. .. 5.2 4.9 4.4 4.7 4.4 5.6 1.2
Ukraine 13.3 13.7 16.3 17.9 17.1 16.6 15.3 16.7 17.7 17.0 15.9 15.3 15.0 15.5 16.4 16.5 15.0 11.8 11.7
North Macedonia 20.9 20.0 22.2 21.5 21.1 21.1 20.6 21.9 20.7 20.2 19.8 18.9 18.8 19.0 18.9 19.5 20.0 21.1 21.2
United Kingdom 31.3 32.0 32.4 32.3 32.8 32.3 32.4 32.9 33.2 33.8 34.1 34.8 34.6 34.5 34.0 34.8 35.0 34.6 34.8
Uzbekistan .. .. .. .. .. 13.2 13.2 13.1 13.3 12.6 12.6 12.5 13.0 11.9 11.4 12.4 11.1 12.1 12.3
Country 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Albania 13.0 13.8 14.0 14.2 13.7 13.0 13.2 14.2 14.8 15.8 16.2 16.0 16.5 16.3 16.6 16.6 16.0 15.5 15.9
Andorra 34.5 35.8 36.8 34.2 33.4 34.2 36.0 35.7 35.9 36.9 37.5 36.7 35.1 34.2 34.3 35.8 37.6 37.6 ..
Azerbaijan 3.9 4.0 3.8 4.5 6.2 4.7 4.9 5.9 6.7 7.7 9.4 8.3 7.9 7.0 7.6 8.6 7.5 6.0 8.1
Austria 22.0 22.2 22.3 22.6 22.5 22.5 22.8 22.8 23.4 23.4 23.6 23.5 23.9 23.8 24.1 24.8 24.3 23.1 24.0
Armenia .. .. .. .. 9.6 8.9 9.7 15.5 15.4 16.1 16.0 16.4 16.1 16.6 17.7 17.1 16.9 20.2 19.9
Belgium 26.0 26.6 26.6 26.5 27.3 27.4 27.7 28.2 28.8 29.4 29.9 30.2 30.8 31.1 30.9 31.7 31.4 30.6 31.4
Bosnia and Herzegovina 16.2 15.4 15.1 13.7 14.3 14.5 14.5 14.8 14.4 14.5 14.6 14.7 14.9 14.6 14.7 14.7 14.3 13.9 14.5
Bulgaria 20.5 20.1 24.1 21.9 23.1 26.6 25.0 24.7 23.6 22.8 22.9 22.8 22.6 23.6 23.1 22.7 22.5 21.0 20.9
Belarus .. .. .. .. 13.2 12.7 12.0 10.6 12.7 13.3 14.4 15.6 15.1 14.8 14.6 14.8 14.6 14.5 15.5
Cyprus 22.9 24.0 24.7 24.7 26.3 27.4 28.9 30.3 31.4 31.6 32.3 31.1 30.0 28.7 28.1 31.4 30.8 29.4 29.4
Czechia 17.8 17.5 18.2 19.3 20.3 21.4 20.9 21.2 21.4 20.9 20.6 21.0 21.2 22.1 22.3 23.1 23.7 23.3 22.5
Denmark 22.7 22.4 22.8 23.3 24.7 24.5 24.6 24.6 24.7 24.8 25.4 26.0 25.9 26.3 26.1 26.2 25.3 23.4 25.1
Estonia 21.2 21.3 21.6 22.6 23.9 23.2 22.4 23.4 23.6 23.6 24.8 25.1 25.4 25.2 25.6 26.0 26.0 25.9 26.4
Finland 19.6 19.9 20.0 20.7 22.2 21.9 22.5 22.9 23.2 23.9 24.2 24.6 24.7 25.1 25.0 25.4 25.5 25.0 25.8
France 29.7 30.6 31.1 31.2 30.7 31.2 31.3 31.3 31.4 31.6 31.6 32.0 31.9 32.2 32.1 32.9 32.3 31.8 32.0
Georgia .. .. .. .. .. 20.7 19.2 20.1 20.6 21.0 20.9 21.1 21.0 20.5 19.9 19.4 17.9 17.6 18.9
Germany 27.3 27.1 27.1 27.1 27.6 27.1 26.9 26.7 27.1 26.8 27.0 26.7 26.3 26.4 26.0 26.4 26.8 25.6 25.6
Greece 22.1 21.3 22.8 24.0 24.9 27.3 28.3 28.2 28.5 28.9 28.0 28.2 27.6 26.9 27.2 26.9 25.8 24.0 25.7
Hungary 20.2 20.9 20.7 21.2 22.7 23.5 23.1 22.6 21.9 21.2 21.1 21.7 22.5 22.9 23.8 24.0 24.7 25.4 25.7
Iceland 25.6 26.7 30.8 26.9 29.5 26.4 24.4 26.3 25.7 26.6 25.9 26.0 26.4 26.2 26.3 25.5 25.2 24.6 24.2
Ireland 24.6 24.8 25.8 26.1 24.6 27.1 26.3 26.3 26.7 28.4 23.5 23.7 23.6 23.4 23.2 22.0 20.7 19.2 22.8
Italy 26.4 26.5 26.7 26.9 27.4 27.5 27.7 28.2 28.6 29.0 29.0 28.5 28.2 28.3 28.1 29.7 28.0 27.2 28.3
Kazakhstan .. .. .. .. .. 18.7 18.3 18.4 18.8 18.8 20.2 20.5 20.0 19.0 18.7 18.0 16.1 16.1 17.7
Kyrgyzstan .. .. .. .. .. 9.2 8.5 9.0 9.2 9.6 9.0 8.4 9.2 9.6 13.4 13.8 13.4 15.3 14.8
Latvia 19.9 22.2 23.8 23.6 21.6 20.8 22.6 23.6 24.4 25.4 24.5 25.1 23.9 23.8 22.9 23.3 23.1 22.3 23.8
Liechtenstein .. .. .. .. .. .. .. .. .. .. .. 36.2 33.0 33.2 33.9 34.5 35.5 .. ..
Lithuania 13.6 14.6 16.0 16.0 16.3 15.2 14.4 13.9 14.4 14.4 15.2 15.8 15.6 16.3 16.3 16.3 17.2 17.5 19.2
Luxembourg 44.2 47.4 47.8 48.1 48.0 48.2 46.1 47.3 48.0 47.9 48.8 48.9 49.1 48.1 47.1 47.3 48.0 47.7 48.0
Malta 21.5 23.0 23.1 21.7 24.0 25.5 25.3 27.1 27.4 26.6 27.8 30.4 31.0 30.9 32.6 33.6 32.4 32.5 35.8
Monaco .. .. .. .. .. 38.9 40.6 41.6 41.8 42.7 40.4 39.8 44.7 44.0 43.9 .. .. .. ..
Republic of Moldova .. .. .. .. .. 20.1 18.7 18.3 17.5 17.5 17.6 17.1 16.1 16.6 16.4 16.6 15.0 15.7 ..
Montenegro .. 17.5 16.7 15.0 15.2 16.1 17.0 17.6 17.5 18.7 17.7 17.6 17.6 17.7 17.8 19.6 18.3 18.1 18.3
Netherlands 27.8 28.2 28.7 28.7 28.8 29.0 29.0 28.5 28.4 29.5 29.8 29.9 30.0 30.1 30.0 30.0 29.4 29.1 30.0
Norway 16.1 15.6 17.0 16.1 18.3 17.7 17.0 17.7 18.4 18.8 19.6 20.5 19.9 19.2 20.2 21.7 17.7 14.1 17.2
Poland 16.5 16.5 17.0 17.0 16.4 16.5 16.4 16.4 17.0 17.4 17.2 17.4 18.1 18.2 19.1 19.1 18.3 18.8 19.8
Portugal 21.7 22.5 23.6 24.6 24.0 24.3 24.8 25.0 24.7 25.1 24.7 25.0 25.2 25.5 25.7 27.1 26.8 26.4 26.5
Romania 14.2 14.1 15.7 14.2 15.8 17.6 17.9 18.0 20.6 20.1 21.3 20.7 20.2 19.3 19.9 19.8 19.4 18.9 19.2
San Marino .. .. .. .. .. .. .. .. .. 25.7 25.6 24.9 24.9 20.7 22.1 21.8 .. .. ..
Serbia 22.6 20.9 18.7 18.3 20.8 20.6 19.0 19.7 19.2 20.3 20.2 19.8 19.7 19.6 19.5 19.7 18.9 18.9 19.9
Slovakia 18.9 18.9 19.0 20.1 22.0 21.4 20.9 21.3 23.9 21.2 21.9 23.0 23.1 23.4 22.1 23.4 24.0 25.2 21.8
Slovenia 20.3 20.7 20.6 21.2 22.2 22.7 22.3 21.6 21.6 21.8 21.9 21.5 21.4 21.4 21.0 20.8 21.1 21.9 21.9
Spain 19.5 20.5 21.8 22.2 22.6 22.6 23.4 24.2 24.4 24.8 24.3 24.2 24.1 24.5 24.6 26.3 25.4 24.6 24.9
Sweden 22.1 22.4 22.4 23.0 23.6 22.7 23.1 23.6 24.2 24.4 23.9 24.0 24.2 24.2 23.9 24.7 23.5 23.6 24.3
Switzerland 26.5 26.9 27.7 26.5 27.0 26.4 26.7 26.9 27.3 27.3 27.6 27.3 27.1 27.4 27.6 28.2 27.3 26.4 26.4
Tajikistan .. .. .. .. .. .. .. .. .. .. .. .. 5.2 4.9 4.4 4.7 4.4 5.6 1.2
Ukraine 13.3 13.7 16.3 17.9 17.1 16.6 15.3 16.7 17.7 17.0 15.9 15.3 15.0 15.5 16.4 16.5 15.0 11.8 11.7
North Macedonia 20.9 20.0 22.2 21.5 21.1 21.1 20.6 21.9 20.7 20.2 19.8 18.9 18.8 19.0 18.9 19.5 20.0 21.1 21.2
United Kingdom 31.3 32.0 32.4 32.3 32.8 32.3 32.4 32.9 33.2 33.8 34.1 34.8 34.6 34.5 34.0 34.8 35.0 34.6 34.8
Uzbekistan .. .. .. .. .. 13.2 13.2 13.1 13.3 12.6 12.6 12.5 13.0 11.9 11.4 12.4 11.1 12.1 12.3

Footnote:  
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