Madagascar vs Senegal: Financial and insurance activities (banking), value added
Madagascar
146.43 billion current LCU
in 2009
Senegal
165.55 billion current LCU
in 2007
Madagascar rank
7th
Senegal rank
6th
Financial and insurance activities (banking), value added over time
- Madagascar
- Senegal
How they compare
Senegal currently reports 165.55 billion current LCU against 146.43 billion current LCU in Madagascar, a difference of 19.12 billion current LCU.
That makes Senegal's figure about 1.1 times Madagascar's.
Across all 22 years both countries report, Senegal has been ahead every year.
Madagascar ranks 7th and Senegal ranks 6th of 36 countries.
Senegal has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Madagascar | Senegal | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 7.96 billion current LCU | 33.83 billion current LCU | 25.88 billion current LCU | Senegal |
| 1990s | 22.98 billion current LCU | 56.40 billion current LCU | 33.42 billion current LCU | Senegal |
| 2000s | 67.50 billion current LCU | 125.49 billion current LCU | 57.99 billion current LCU | Senegal |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial and insurance activities (banking), value added, Madagascar or Senegal?
- Senegal, at 165.55 billion current LCU against 146.43 billion current LCU in Madagascar as of 2007.
- What is the difference in financial and insurance activities (banking), value added between Madagascar and Senegal?
- 19.12 billion current LCU, with Senegal ahead.
- How many years of comparable data are there for Madagascar and Senegal?
- 22 years are reported by both, from 1984 to 2007.
- How do Madagascar and Senegal rank globally for financial and insurance activities (banking), value added?
- Madagascar ranks 7th and Senegal ranks 6th 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.