Benin vs Rwanda: Financial and insurance activities (banking), value added
Benin
62.78 billion current LCU
in 2010
Rwanda
107.82 billion current LCU
in 2011
Benin rank
11th
Rwanda rank
9th
Financial and insurance activities (banking), value added over time
- Benin
- Rwanda
How they compare
Rwanda currently reports 107.82 billion current LCU against 62.78 billion current LCU in Benin, a difference of 45.05 billion current LCU.
That makes Rwanda's figure about 1.7 times Benin's.
The two have swapped places 1 time across 12 shared years of data; in 1999 it was Benin ahead.
Benin ranks 11th and Rwanda ranks 9th of 36 countries.
Across the 3 decades both report, Benin averaged higher in 2 and Rwanda in 1.
Head to head by decade
| Decade | Benin | Rwanda | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 27.18 billion current LCU | 17.65 billion current LCU | 9.53 billion current LCU | Benin |
| 2000s | 43.01 billion current LCU | 41.10 billion current LCU | 1.91 billion current LCU | Benin |
| 2010s | 62.78 billion current LCU | 80.41 billion current LCU | 17.63 billion current LCU | Rwanda |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial and insurance activities (banking), value added, Benin or Rwanda?
- Rwanda, at 107.82 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 Rwanda?
- 45.05 billion current LCU, with Rwanda ahead.
- How many years of comparable data are there for Benin and Rwanda?
- 12 years are reported by both, from 1999 to 2010.
- How do Benin and Rwanda rank globally for financial and insurance activities (banking), value added?
- Benin ranks 11th and Rwanda ranks 9th 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.
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 current local currency.