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Finance & insurance

This sector in large measure captures the financial services sector. It includes financial service activities, including insurance, reinsurance and pension funding activities, and activities to support financial services. As such it includes banks, savings banks, credit unions, postal giro and postal savings bank activities, etc. It also includes activities such as those of holding companies and of trusts, funds and similar financial entities.

Future employment growth (in %) in finance & insurance sector across countries in 2015-2025

Source:Cedefop
Indicator:Future employment growth

Projected changes in employment to 2025 (this indicator contains overall percentage change).

Key facts

SIZE OF EMPLOYMENT

Source:Eurostat
Indicator:Employed population by sector

It shows the total number of employed population, of any age, broken down by sector.

In 2016, the share of finance & insurance in total EU employment was 2.90%.

RECENT HISTORY

Source:Eurostat
Indicator:Employed population by sector

It shows the total number of employed population, of any age, broken down by sector.

During the period 2011-2016, the employment level of finance & insurance in EU changed by -0.24%.

TOP PERFORMERS

Source:Eurostat
Indicator:Employed population by sector

It shows the total number of employed population, of any age, broken down by sector.

The countries with highest employment share of finance & insurance in 2016 were:

  • Luxembourg 9.52%
  • Cyprus 5.30%
  • Malta 4.71%
  • Ireland 4.45%
  • United Kingdom 3.79%

TOP PERFORMERS

Source:Cedefop
Indicator:Employed population by occupation and sector

It shows the total number of employed population, of any age, broken down by occupation and sector.

The occupations with the largest numbers of people employed in finance & insurance in 2016 in EU were:

  • Office associate professionals 1,788,911
  • Office professionals 1,120,607
  • Customer clerks 1,032,381
  • Accounting clerks 684,541
  • Technical managers 384,053

LOOKING INTO THE FUTURE

Source:Cedefop
Indicator:Future employment growth

Projected changes in employment to 2025 (this indicator contains overall percentage change).

In the period 2015-2025, employment for finance & insurance in EU is projected to change by 7.63%

Featured indicator

Related indicators

Occupations employed in the sector in EU in 2016

Source:Cedefop
Indicator:Employed population by occupation and sector

It shows the total number of employed population, of any age, broken down by occupation and sector.

Employment share (%) in finance & insurance sector across countries in 2016

Source:Eurostat
Indicator:Employed population by sector

It shows the total number of employed population, of any age, broken down by sector.

Employment in finance & insurance sector in EU by education level (2011-2016 comparison)

Source:Eurostat
Indicator:Employed population by sector

It shows the total number of employed population, of any age, broken down by sector.

Employment in finance & insurance sector in EU by age (2011-2016 comparison)

Source:Eurostat
Indicator:Employed population by sector

It shows the total number of employed population, of any age, broken down by sector.

FIND EMPLOYMENT OPPORTUNITIES THROUGHOUT EUROPE