Kenya vs Rwanda: Financial and insurance activities (banking), value added
Kenya
103.75 billion constant LCU
in 2011
Rwanda
78.99 billion constant LCU
in 2011
Kenya rank
5th
Rwanda rank
6th
Financial and insurance activities (banking), value added over time
- Kenya
- Rwanda
How they compare
Kenya currently reports 103.75 billion constant LCU against 78.99 billion constant LCU in Rwanda, a difference of 24.76 billion constant LCU.
That makes Kenya's figure about 1.3 times Rwanda's.
Across all 13 years both countries report, Kenya has been ahead every year.
Kenya ranks 5th and Rwanda ranks 6th of 31 countries.
Kenya has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Kenya | Rwanda | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 76.88 billion constant LCU | 27.22 billion constant LCU | 49.65 billion constant LCU | Kenya |
| 2000s | 79.13 billion constant LCU | 44.55 billion constant LCU | 34.58 billion constant LCU | Kenya |
| 2010s | 100.84 billion constant LCU | 72.57 billion constant LCU | 28.27 billion constant LCU | Kenya |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial and insurance activities (banking), value added, Kenya or Rwanda?
- Kenya, at 103.75 billion constant LCU against 78.99 billion constant LCU in Rwanda as of 2011.
- What is the difference in financial and insurance activities (banking), value added between Kenya and Rwanda?
- 24.76 billion constant LCU, with Kenya ahead.
- How many years of comparable data are there for Kenya and Rwanda?
- 13 years are reported by both, from 1999 to 2011.
- How do Kenya and Rwanda rank globally for financial and insurance activities (banking), value added?
- Kenya ranks 5th and Rwanda ranks 6th 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.