Madagascar vs Rwanda: Financial and insurance activities (banking), value added
Madagascar
146.43 billion current LCU
in 2009
Rwanda
107.82 billion current LCU
in 2011
Madagascar rank
7th
Rwanda rank
9th
Financial and insurance activities (banking), value added over time
- Madagascar
- Rwanda
How they compare
Madagascar currently reports 146.43 billion current LCU against 107.82 billion current LCU in Rwanda, a difference of 38.61 billion current LCU.
That makes Madagascar's figure about 1.4 times Rwanda's.
Across all 9 years both countries report, Madagascar has been ahead every year.
Madagascar ranks 7th and Rwanda ranks 9th of 36 countries.
Madagascar has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Madagascar | Rwanda | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 39.95 billion current LCU | 17.65 billion current LCU | 22.30 billion current LCU | Madagascar |
| 2000s | 83.40 billion current LCU | 44.88 billion current LCU | 38.52 billion current LCU | Madagascar |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial and insurance activities (banking), value added, Madagascar or Rwanda?
- Madagascar, at 146.43 billion current LCU against 107.82 billion current LCU in Rwanda as of 2009.
- What is the difference in financial and insurance activities (banking), value added between Madagascar and Rwanda?
- 38.61 billion current LCU, with Madagascar ahead.
- How many years of comparable data are there for Madagascar and Rwanda?
- 9 years are reported by both, from 1999 to 2009.
- How do Madagascar and Rwanda rank globally for financial and insurance activities (banking), value added?
- Madagascar ranks 7th and Rwanda ranks 9th 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.