This question is about financial services industry statistics.

How big is the financial services industry in the U.S.?

By Zippia Team - Jun. 29, 2022

The U.S. financial services industry is worth about $4.85 trillion. This is the industry's revenue as of 2021, and it contributes $1.5 trillion to the U.S.'s total GDP, which ends up accounting for 7.4% of the total GDP.

As far as the number of companies in the financial services industry is concerned, there are over 530,000 private and over 1,000 government finance and insurance establishments that employ about 6.55 million people in the U.S. This is up from the 6.52 million people employed in 2021.

Year	Private Industry	Local Government	State Government	Federal Government
2011	463.2	167	83	873
2012	464.9	175	88	849
2013	466.2	163	81	827
2014	472.4	160	84	795
2015	476.5	169	92	800
2016	480.5	171	90	793
2017	484.8	169	86	792
2018	491.8	173	85	789
2019	498.1	185	88	783
2020	512.6	184	90	767

How big is the financial services industry in the U.S.?

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