The Estonian sector of financial and insurance activities includes 1% of economically active registered enterprises (excl. sole proprietors who are registered only in the Register of Taxable Persons). The sector of financial and insurance activities includes the central bank, credit institutions, holding companies, trusts, funds and similar entities, insurance companies, pension funds, units engaging in other financial services activities, in the administration of financial markets, in activities auxiliary to financial services and insurance activities and in fund management activities. In 2015, the contribution of the sector of financial and insurance activities to the gross domestic product (GDP) of Estonia was 0.4 percentage points bigger than in 2014. The average contribution of the sector to the GDP in the 28 Member States of the European Union fell in 2015 to the level of 2013, i.e. to 5.3%. The contribution of the Estonian financial and insurance activities sector to the GDP is still on the same level as in 2014 and comparable to the corresponding indicators of Spain, Germany and Romania (3.9%).