Benin vs Madagascar: Financial and insurance activities (banking), value added
Benin
22.52 billion constant LCU
in 2010
Madagascar
14.94 billion constant LCU
in 2009
Benin rank
13th
Madagascar rank
14th
Financial and insurance activities (banking), value added over time
- Benin
- Madagascar
How they compare
Benin currently reports 22.52 billion constant LCU against 14.94 billion constant LCU in Madagascar, a difference of 7.58 billion constant LCU.
That makes Benin's figure about 1.5 times Madagascar's.
Across all 20 years both countries report, Benin has been ahead every year.
Benin ranks 13th and Madagascar ranks 14th of 31 countries.
Benin has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Benin | Madagascar | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 10.00 billion constant LCU | 5.45 billion constant LCU | 4.55 billion constant LCU | Benin |
| 2000s | 16.96 billion constant LCU | 10.17 billion constant LCU | 6.79 billion constant LCU | Benin |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial and insurance activities (banking), value added, Benin or Madagascar?
- Benin, at 22.52 billion constant LCU against 14.94 billion constant LCU in Madagascar as of 2010.
- What is the difference in financial and insurance activities (banking), value added between Benin and Madagascar?
- 7.58 billion constant LCU, with Benin ahead.
- How many years of comparable data are there for Benin and Madagascar?
- 20 years are reported by both, from 1990 to 2009.
- How do Benin and Madagascar rank globally for financial and insurance activities (banking), value added?
- Benin ranks 13th and Madagascar ranks 14th of 31 countries.
- Where does this data come from?
- World Bank national accounts data, and OECD National Accounts data files, published as Financial and insurance activities (banking), value added (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Value added in banking is defined as the value of output of the banking industry less the value of intermediate consumption (intermediate inputs). Banking is a subset of services, comprising financial intermediation (ISIC 65-67). Data are in constant local currency.