income share

The financial sector's share of GDP has almost doubled since 1980: Value-added in financial sector as a share of GDP, 1947–2017

Year Value-added in financial sector as share of GDP
1947 2.4%
1948 2.5%
1949 2.8%
1950 2.8%
1951 2.7%
1952 2.9%
1953 3.0%
1954 3.2%
1955 3.2%
1956 3.3%
1957 3.4%
1958 3.6%
1959 3.6%
1960 3.7%
1961 3.8%
1962 3.6%
1963 3.6%
1964 3.6%
1965 3.7%
1966 3.7%
1967 3.9%
1968 4.0%
1969 4.2%
1970 4.2%
1971 4.3%
1972 4.3%
1973 4.1%
1974 4.3%
1975 4.5%
1976 4.4%
1977 4.7%
1978 4.9%
1979 4.9%
1980 4.9%
1981 5.0%
1982 5.2%
1983 5.5%
1984 5.4%
1985 5.5%
1986 5.9%
1987 6.0%
1988 5.9%
1989 5.9%
1990 6.0%
1991 6.4%
1992 6.5%
1993 6.6%
1994 6.4%
1995 6.6%
1996 6.7%
1997 7.0%
1998 7.2%
1999 7.3%
2000 7.7%
2001 8.2%
2002 8.1%
2003 8.1%
2004 7.8%
2005 8.1%
2006 8.3%
2007 7.9%
2008 7.7%
2009 8.3%
2010 8.3%
2011 8.3%
2012 8.7%
2013 8.4%
2014 8.9%
2015 9.2%
2016 9.3%
2017 9.3%
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Economic Policy Institute

Source: EPI analysis of Philippon 2015, updated using BEA National Income and Product Accounts data

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