Income growth rate of the banking industry in the EU 2016-2023

Published by Statista Research Department, Jul 4, 2024

The operating income growth rate of the EU banking industry increased in recent years, reaching roughly 16 percent in 2023. This was the highest growth rate in the observed period. The largest drop in income growth took place in 2020, due to the economic contraction caused by the COVID-19 pandemic. 

Percentage change on previous year of total operating income of the banking industry in the European Union from 2016 to 2023

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Release date

June 2024

Region

EU

Survey time period

2016 to 2023

Supplementary notes

This statistic was calculated by Statista based on figures published by the European Central Bank. Figures can be found here.


Data refer to domestic banking groups and stand-alone banks in the member states and institutions of the European Union. Figures are rounded.

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