Cape Verde vs Eritrea: Financial and insurance activities (banking), value added
Financial and insurance activities (banking), value added over time
- Cape Verde
- Eritrea
How they compare
Cape Verde currently reports 2.17 billion current LCU against 1.05 billion current LCU in Eritrea, a difference of 1.12 billion current LCU.
That makes Cape Verde's figure about 2.1 times Eritrea's.
The two have swapped places 2 times across 15 shared years of data; in 1992 it was Cape Verde ahead.
Cape Verde ranks 26th and Eritrea ranks 28th of 36 countries.
Cape Verde has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Cape Verde | Eritrea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 390.05 million current LCU | 94.10 million current LCU | 295.95 million current LCU | Cape Verde |
| 2000s | 1.06 billion current LCU | 539.97 million current LCU | 518.43 million current LCU | Cape Verde |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial and insurance activities (banking), value added, Cape Verde or Eritrea?
- Cape Verde, at 2.17 billion current LCU against 1.05 billion current LCU in Eritrea as of 2011.
- What is the difference in financial and insurance activities (banking), value added between Cape Verde and Eritrea?
- 1.12 billion current LCU, with Cape Verde ahead.
- How many years of comparable data are there for Cape Verde and Eritrea?
- 15 years are reported by both, from 1992 to 2009.
- How do Cape Verde and Eritrea rank globally for financial and insurance activities (banking), value added?
- Cape Verde ranks 26th and Eritrea ranks 28th 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.