Benin vs Togo: Financial and insurance activities (banking), value added
Benin
22.52 billion constant LCU
in 2010
Togo
23.92 billion constant LCU
in 2011
Benin rank
13th
Togo rank
12th
Financial and insurance activities (banking), value added over time
- Benin
- Togo
How they compare
Togo currently reports 23.92 billion constant LCU against 22.52 billion constant LCU in Benin, a difference of 1.40 billion constant LCU.
That makes Togo's figure about 1.1 times Benin's.
The two have swapped places 2 times across 11 shared years of data; in 2000 it was Togo ahead.
Benin ranks 13th and Togo ranks 12th of 31 countries.
Across the 2 decades both report, Benin averaged higher in 1 and Togo in 1.
Head to head by decade
| Decade | Benin | Togo | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 16.96 billion constant LCU | 14.84 billion constant LCU | 2.12 billion constant LCU | Benin |
| 2010s | 22.52 billion constant LCU | 23.23 billion constant LCU | 702.80 million constant LCU | Togo |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial and insurance activities (banking), value added, Benin or Togo?
- Togo, at 23.92 billion constant LCU against 22.52 billion constant LCU in Benin as of 2011.
- What is the difference in financial and insurance activities (banking), value added between Benin and Togo?
- 1.40 billion constant LCU, with Togo ahead.
- How many years of comparable data are there for Benin and Togo?
- 11 years are reported by both, from 2000 to 2010.
- How do Benin and Togo rank globally for financial and insurance activities (banking), value added?
- Benin ranks 13th and Togo ranks 12th 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.