Benin vs Togo: Financial and insurance activities (banking), value added
Benin
62.78 billion current LCU
in 2010
Togo
34.00 billion current LCU
in 2011
Benin rank
11th
Togo rank
14th
Financial and insurance activities (banking), value added over time
- Benin
- Togo
How they compare
Benin currently reports 62.78 billion current LCU against 34.00 billion current LCU in Togo, a difference of 28.78 billion current LCU.
That makes Benin's figure about 1.8 times Togo's.
Across all 11 years both countries report, Benin has been ahead every year.
Benin ranks 11th and Togo ranks 14th of 36 countries.
Benin has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Benin | Togo | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 43.01 billion current LCU | 23.63 billion current LCU | 19.38 billion current LCU | Benin |
| 2010s | 62.78 billion current LCU | 32.05 billion current LCU | 30.73 billion current LCU | Benin |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial and insurance activities (banking), value added, Benin or Togo?
- Benin, at 62.78 billion current LCU against 34.00 billion current LCU in Togo as of 2010.
- What is the difference in financial and insurance activities (banking), value added between Benin and Togo?
- 28.78 billion current LCU, with Benin ahead.
- How many years of comparable data are there for Benin and Togo?
- 11 years are reported by both, from 2000 to 2010.
- How do Benin and Togo rank globally for financial and insurance activities (banking), value added?
- Benin ranks 11th and Togo ranks 14th 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.