Kenya vs Madagascar: Financial and insurance activities (banking), value added

Kenya
262.69 billion current LCU
in 2011
Madagascar
146.43 billion current LCU
in 2009
Kenya rank
4th
Madagascar rank
7th

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

  • Kenya
  • Madagascar
0100.0B200.0B300.0B198219962011

How they compare

Kenya currently reports 262.69 billion current LCU against 146.43 billion current LCU in Madagascar, a difference of 116.26 billion current LCU.

That makes Kenya's figure about 1.8 times Madagascar's.

The two have swapped places 3 times across 24 shared years of data; in 1984 it was Madagascar ahead.

Kenya ranks 4th and Madagascar ranks 7th of 36 countries.

Kenya has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Kenya Madagascar Difference Ahead
1980s 8.21 billion current LCU 7.96 billion current LCU 256.98 million current LCU Kenya
1990s 43.52 billion current LCU 22.98 billion current LCU 20.54 billion current LCU Kenya
2000s 110.59 billion current LCU 83.40 billion current LCU 27.18 billion current LCU Kenya

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial and insurance activities (banking), value added, Kenya or Madagascar?
Kenya, at 262.69 billion current LCU against 146.43 billion current LCU in Madagascar as of 2011.
What is the difference in financial and insurance activities (banking), value added between Kenya and Madagascar?
116.26 billion current LCU, with Kenya ahead.
How many years of comparable data are there for Kenya and Madagascar?
24 years are reported by both, from 1984 to 2009.
How do Kenya and Madagascar rank globally for financial and insurance activities (banking), value added?
Kenya ranks 4th 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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Kenya vs Madagascar: Financial and insurance activities (banking), value added. Statizoid, drawing on World Bank national accounts data, and OECD National Accounts data files. Retrieved 03 September 2026, from https://economy.statizoid.com/compare/financial-and-insurance-activities-banking-value-added-current-lcu/kenya/madagascar/

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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.