Benin vs Burkina Faso: Financial and insurance activities (banking), value added
Financial and insurance activities (banking), value added over time
- Benin
- Burkina Faso
How they compare
Burkina Faso currently reports 69.29 billion current LCU against 62.78 billion current LCU in Benin, a difference of 6.51 billion current LCU.
That makes Burkina Faso's figure about 1.1 times Benin's.
The two have swapped places 8 times across 21 shared years of data; in 1990 it was Burkina Faso ahead.
Benin ranks 11th and Burkina Faso ranks 10th of 36 countries.
Burkina Faso has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Benin | Burkina Faso | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 18.25 billion current LCU | 18.68 billion current LCU | 431.03 million current LCU | Burkina Faso |
| 2000s | 43.01 billion current LCU | 46.67 billion current LCU | 3.66 billion current LCU | Burkina Faso |
| 2010s | 62.78 billion current LCU | 64.90 billion current LCU | 2.12 billion current LCU | Burkina Faso |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial and insurance activities (banking), value added, Benin or Burkina Faso?
- Burkina Faso, at 69.29 billion current LCU against 62.78 billion current LCU in Benin as of 2011.
- What is the difference in financial and insurance activities (banking), value added between Benin and Burkina Faso?
- 6.51 billion current LCU, with Burkina Faso ahead.
- How many years of comparable data are there for Benin and Burkina Faso?
- 21 years are reported by both, from 1990 to 2010.
- How do Benin and Burkina Faso rank globally for financial and insurance activities (banking), value added?
- Benin ranks 11th and Burkina Faso ranks 10th of 36 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 (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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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 current local currency.