Burkina Faso vs Senegal: Financial and insurance activities (banking), value added
Burkina Faso
72.50 billion constant LCU
in 2011
Senegal
134.82 billion constant LCU
in 2007
Burkina Faso rank
7th
Senegal rank
4th
Financial and insurance activities (banking), value added over time
- Burkina Faso
- Senegal
How they compare
Senegal currently reports 134.82 billion constant LCU against 72.50 billion constant LCU in Burkina Faso, a difference of 62.32 billion constant LCU.
That makes Senegal's figure about 1.9 times Burkina Faso's.
Across all 23 years both countries report, Senegal has been ahead every year.
Burkina Faso ranks 7th and Senegal ranks 4th of 31 countries.
Senegal has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Burkina Faso | Senegal | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 12.60 billion constant LCU | 55.00 billion constant LCU | 42.40 billion constant LCU | Senegal |
| 1990s | 18.19 billion constant LCU | 65.40 billion constant LCU | 47.21 billion constant LCU | Senegal |
| 2000s | 44.54 billion constant LCU | 105.84 billion constant LCU | 61.30 billion constant LCU | Senegal |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial and insurance activities (banking), value added, Burkina Faso or Senegal?
- Senegal, at 134.82 billion constant LCU against 72.50 billion constant LCU in Burkina Faso as of 2007.
- What is the difference in financial and insurance activities (banking), value added between Burkina Faso and Senegal?
- 62.32 billion constant LCU, with Senegal ahead.
- How many years of comparable data are there for Burkina Faso and Senegal?
- 23 years are reported by both, from 1985 to 2007.
- How do Burkina Faso and Senegal rank globally for financial and insurance activities (banking), value added?
- Burkina Faso ranks 7th and Senegal ranks 4th 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.