Cape Verde vs Eritrea: Financial and insurance activities (banking), value added
Cape Verde
158.15 million constant LCU
in 2010
Eritrea
241.44 million constant LCU
in 2009
Cape Verde rank
28th
Eritrea rank
27th
Financial and insurance activities (banking), value added over time
- Cape Verde
- Eritrea
How they compare
Eritrea currently reports 241.44 million constant LCU against 158.15 million constant LCU in Cape Verde, a difference of 83.30 million constant LCU.
That makes Eritrea's figure about 1.5 times Cape Verde's.
Across all 16 years both countries report, Eritrea has been ahead every year.
Cape Verde ranks 28th and Eritrea ranks 27th of 31 countries.
Eritrea has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Cape Verde | Eritrea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 90.17 million constant LCU | 164.88 million constant LCU | 74.71 million constant LCU | Eritrea |
| 2000s | 87.87 million constant LCU | 214.19 million constant LCU | 126.31 million constant LCU | Eritrea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial and insurance activities (banking), value added, Cape Verde or Eritrea?
- Eritrea, at 241.44 million constant LCU against 158.15 million constant LCU in Cape Verde as of 2009.
- What is the difference in financial and insurance activities (banking), value added between Cape Verde and Eritrea?
- 83.30 million constant LCU, with Eritrea ahead.
- How many years of comparable data are there for Cape Verde and Eritrea?
- 16 years are reported by both, from 1994 to 2009.
- How do Cape Verde and Eritrea rank globally for financial and insurance activities (banking), value added?
- Cape Verde ranks 28th and Eritrea ranks 27th 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.