Senegal vs South Africa: Financial and insurance activities (banking), value added
Senegal
134.82 billion constant LCU
in 2007
South Africa
400.38 billion constant LCU
in 2011
Senegal rank
4th
South Africa rank
1st
Financial and insurance activities (banking), value added over time
- Senegal
- South Africa
How they compare
South Africa currently reports 400.38 billion constant LCU against 134.82 billion constant LCU in Senegal, a difference of 265.56 billion constant LCU.
That makes South Africa's figure about 3.0 times Senegal's.
Across all 28 years both countries report, South Africa has been ahead every year.
Senegal ranks 4th and South Africa ranks 1st of 31 countries.
South Africa has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Senegal | South Africa | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 46.00 billion constant LCU | 141.83 billion constant LCU | 95.83 billion constant LCU | South Africa |
| 1990s | 65.40 billion constant LCU | 178.05 billion constant LCU | 112.65 billion constant LCU | South Africa |
| 2000s | 105.84 billion constant LCU | 276.25 billion constant LCU | 170.41 billion constant LCU | South Africa |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial and insurance activities (banking), value added, Senegal or South Africa?
- South Africa, at 400.38 billion constant LCU against 134.82 billion constant LCU in Senegal as of 2011.
- What is the difference in financial and insurance activities (banking), value added between Senegal and South Africa?
- 265.56 billion constant LCU, with South Africa ahead.
- How many years of comparable data are there for Senegal and South Africa?
- 28 years are reported by both, from 1980 to 2007.
- How do Senegal and South Africa rank globally for financial and insurance activities (banking), value added?
- Senegal ranks 4th and South Africa ranks 1st 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.