This question is about financial services industry statistics.

How big is the financial services industry worldwide?

By Zippia Team - Jun. 29, 2022

The financial services industry is worth $20.49 trillion worldwide. This was true as of 2020, and it was estimated that the industry would reach $22.52 trillion in value in 2021.

If these numbers sound massive, they are because this sector makes up approximately 20-25% of the global economy as a whole. It's hard to nail down an exact percentage, but most experts agree that financial services account for about one-fifth to one-quarter of the world's economy.

The industry is only expected to continue growing at a CAGR of 6% from 2020 to 2025, reaching $28.53 trillion in value at the end of that time period.

How big is the financial services industry worldwide?

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