Cape Verde vs Ghana: Financial and insurance activities (banking), value added

Cape Verde
2.17 billion current LCU
in 2011
Ghana
2.47 billion current LCU
in 2011
Cape Verde rank
26th
Ghana rank
25th

Financial and insurance activities (banking), value added over time

  • Cape Verde
  • Ghana
0500.0M1.0B1.5B2.0B2.5B196519882011

How they compare

Ghana currently reports 2.47 billion current LCU against 2.17 billion current LCU in Cape Verde, a difference of 292.92 million current LCU.

That makes Ghana's figure about 1.1 times Cape Verde's.

The two have swapped places 3 times across 17 shared years of data; in 1980 it was Cape Verde ahead.

Cape Verde ranks 26th and Ghana ranks 25th of 36 countries.

Across the 4 decades both report, Cape Verde averaged higher in 3 and Ghana in 1.

Head to head by decade

Decade Cape Verde Ghana Difference Ahead
1980s 46.11 million current LCU 1.23 million current LCU 44.88 million current LCU Cape Verde
1990s 35.21 million current LCU 7.84 million current LCU 27.37 million current LCU Cape Verde
2000s 1.10 billion current LCU 961.92 million current LCU 137.33 million current LCU Cape Verde
2010s 2.07 billion current LCU 2.35 billion current LCU 280.23 million current LCU Ghana

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 Ghana?
Ghana, at 2.47 billion current LCU against 2.17 billion current LCU in Cape Verde as of 2011.
What is the difference in financial and insurance activities (banking), value added between Cape Verde and Ghana?
292.92 million current LCU, with Ghana ahead.
How many years of comparable data are there for Cape Verde and Ghana?
17 years are reported by both, from 1980 to 2011.
How do Cape Verde and Ghana rank globally for financial and insurance activities (banking), value added?
Cape Verde ranks 26th and Ghana ranks 25th 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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Cape Verde vs Ghana: Financial and insurance activities (banking), value added. Statizoid, drawing on World Bank national accounts data, and OECD National Accounts data files. Retrieved 06 September 2026, from https://economy.statizoid.com/compare/financial-and-insurance-activities-banking-value-added-current-lcu/cabo-verde/ghana/

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About this data

Indicator
Financial and insurance activities (banking), value added (current LCU)
Unit
current LCU
Source
World Bank national accounts data, and OECD National Accounts data files
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
36 places, 873 data points, 1965–2011
Last refreshed

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.