Kenya vs South Africa: Financial and insurance activities (banking), value added
Kenya
262.69 billion current LCU
in 2011
South Africa
565.22 billion current LCU
in 2011
Kenya rank
4th
South Africa rank
3rd
Financial and insurance activities (banking), value added over time
- Kenya
- South Africa
How they compare
South Africa currently reports 565.22 billion current LCU against 262.69 billion current LCU in Kenya, a difference of 302.53 billion current LCU.
That makes South Africa's figure about 2.2 times Kenya's.
Across all 30 years both countries report, South Africa has been ahead every year.
Kenya ranks 4th and South Africa ranks 3rd of 36 countries.
South Africa has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Kenya | South Africa | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 7.31 billion current LCU | 17.86 billion current LCU | 10.56 billion current LCU | South Africa |
| 1990s | 43.52 billion current LCU | 81.73 billion current LCU | 38.21 billion current LCU | South Africa |
| 2000s | 103.58 billion current LCU | 299.76 billion current LCU | 196.18 billion current LCU | South Africa |
| 2010s | 233.87 billion current LCU | 538.28 billion current LCU | 304.41 billion current LCU | South Africa |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial and insurance activities (banking), value added, Kenya or South Africa?
- South Africa, at 565.22 billion current LCU against 262.69 billion current LCU in Kenya as of 2011.
- What is the difference in financial and insurance activities (banking), value added between Kenya and South Africa?
- 302.53 billion current LCU, with South Africa ahead.
- How many years of comparable data are there for Kenya and South Africa?
- 30 years are reported by both, from 1982 to 2011.
- How do Kenya and South Africa rank globally for financial and insurance activities (banking), value added?
- Kenya ranks 4th and South Africa ranks 3rd 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.