Burkina Faso vs Madagascar: Financial and insurance activities (banking), value added
Financial and insurance activities (banking), value added over time
- Burkina Faso
- Madagascar
How they compare
Madagascar currently reports 146.43 billion current LCU against 69.29 billion current LCU in Burkina Faso, a difference of 77.14 billion current LCU.
That makes Madagascar's figure about 2.1 times Burkina Faso's.
The two have swapped places 7 times across 23 shared years of data; in 1985 it was Burkina Faso ahead.
Burkina Faso ranks 10th and Madagascar ranks 7th of 36 countries.
Across the 3 decades both report, Burkina Faso averaged higher in 1 and Madagascar in 2.
Head to head by decade
| Decade | Burkina Faso | Madagascar | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 10.78 billion current LCU | 8.39 billion current LCU | 2.39 billion current LCU | Burkina Faso |
| 1990s | 18.68 billion current LCU | 22.98 billion current LCU | 4.30 billion current LCU | Madagascar |
| 2000s | 48.46 billion current LCU | 83.40 billion current LCU | 34.94 billion current LCU | Madagascar |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial and insurance activities (banking), value added, Burkina Faso or Madagascar?
- Madagascar, at 146.43 billion current LCU against 69.29 billion current LCU in Burkina Faso as of 2009.
- What is the difference in financial and insurance activities (banking), value added between Burkina Faso and Madagascar?
- 77.14 billion current LCU, with Madagascar ahead.
- How many years of comparable data are there for Burkina Faso and Madagascar?
- 23 years are reported by both, from 1985 to 2009.
- How do Burkina Faso and Madagascar rank globally for financial and insurance activities (banking), value added?
- Burkina Faso ranks 10th and Madagascar ranks 7th 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.