Kenya vs Tanzania, United Republic of: Financial and insurance activities (banking), value added
Financial and insurance activities (banking), value added over time
- Kenya
- Tanzania, United Republic of
How they compare
Kenya currently reports 262.69 billion current LCU against 233.93 billion current LCU in Tanzania, United Republic of, a difference of 28.76 billion current LCU.
That makes Kenya's figure about 1.1 times Tanzania, United Republic of's.
The two have swapped places 6 times across 22 shared years of data; in 1990 it was Kenya ahead.
Kenya ranks 4th and Tanzania, United Republic of ranks 5th of 36 countries.
Across the 3 decades both report, Kenya averaged higher in 2 and Tanzania, United Republic of in 1.
Head to head by decade
| Decade | Kenya | Tanzania, United Republic of | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 43.52 billion current LCU | 37.91 billion current LCU | 5.60 billion current LCU | Kenya |
| 2000s | 103.58 billion current LCU | 108.28 billion current LCU | 4.70 billion current LCU | Tanzania, United Republic of |
| 2010s | 233.87 billion current LCU | 221.85 billion current LCU | 12.02 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 Tanzania, United Republic of?
- Kenya, at 262.69 billion current LCU against 233.93 billion current LCU in Tanzania, United Republic of as of 2011.
- What is the difference in financial and insurance activities (banking), value added between Kenya and Tanzania, United Republic of?
- 28.76 billion current LCU, with Kenya ahead.
- How many years of comparable data are there for Kenya and Tanzania, United Republic of?
- 22 years are reported by both, from 1990 to 2011.
- How do Kenya and Tanzania, United Republic of rank globally for financial and insurance activities (banking), value added?
- Kenya ranks 4th and Tanzania, United Republic of ranks 5th 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.