South Africa vs Tanzania, United Republic of: Financial and insurance activities (banking), value added

South Africa
400.38 billion constant LCU
in 2011
Tanzania, United Republic of
141.75 billion constant LCU
in 2011
South Africa rank
1st
Tanzania, United Republic of rank
3rd

Financial and insurance activities (banking), value added over time

  • South Africa
  • Tanzania, United Republic of
0100.0B200.0B300.0B400.0B196519882011

How they compare

South Africa currently reports 400.38 billion constant LCU against 141.75 billion constant LCU in Tanzania, United Republic of, a difference of 258.64 billion constant LCU.

That makes South Africa's figure about 2.8 times Tanzania, United Republic of's.

Across all 22 years both countries report, South Africa has been ahead every year.

South Africa ranks 1st and Tanzania, United Republic of ranks 3rd of 31 countries.

South Africa has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade South Africa Tanzania, United Republic of Difference Ahead
1990s 178.05 billion constant LCU 50.14 billion constant LCU 127.91 billion constant LCU South Africa
2000s 296.88 billion constant LCU 82.11 billion constant LCU 214.78 billion constant LCU South Africa
2010s 392.94 billion constant LCU 135.37 billion constant LCU 257.57 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, South Africa or Tanzania, United Republic of?
South Africa, at 400.38 billion constant LCU against 141.75 billion constant LCU in Tanzania, United Republic of as of 2011.
What is the difference in financial and insurance activities (banking), value added between South Africa and Tanzania, United Republic of?
258.64 billion constant LCU, with South Africa ahead.
How many years of comparable data are there for South Africa and Tanzania, United Republic of?
22 years are reported by both, from 1990 to 2011.
How do South Africa and Tanzania, United Republic of rank globally for financial and insurance activities (banking), value added?
South Africa ranks 1st and Tanzania, United Republic of ranks 3rd 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.

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South Africa vs Tanzania, United Republic of: Financial and insurance activities (banking), value added. Statizoid, drawing on World Bank national accounts data, and OECD National Accounts data files. Retrieved 16 September 2026, from https://economy.statizoid.com/compare/financial-and-insurance-activities-banking-value-added-constant-lcu/south-africa/tanzania/

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About this data

Indicator
Financial and insurance activities (banking), value added (constant LCU)
Unit
constant LCU
Source
World Bank national accounts data, and OECD National Accounts data files
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
31 places, 710 data points, 1965–2011
Last refreshed

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.