Senegal vs South Africa: Financial and insurance activities (banking), value added

Senegal
165.55 billion current LCU
in 2007
South Africa
565.22 billion current LCU
in 2011
Senegal rank
6th
South Africa rank
3rd

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

  • Senegal
  • South Africa
0200.0B400.0B600.0B196519882011

How they compare

South Africa currently reports 565.22 billion current LCU against 165.55 billion current LCU in Senegal, a difference of 399.67 billion current LCU.

That makes South Africa's figure about 3.4 times Senegal's.

The two have swapped places 1 time across 28 shared years of data; in 1980 it was Senegal ahead.

Senegal ranks 6th and South Africa ranks 3rd of 36 countries.

Across the 3 decades both report, Senegal averaged higher in 1 and South Africa in 2.

Head to head by decade

Decade Senegal South Africa Difference Ahead
1980s 27.30 billion current LCU 15.70 billion current LCU 11.60 billion current LCU Senegal
1990s 56.40 billion current LCU 81.73 billion current LCU 25.33 billion current LCU South Africa
2000s 120.36 billion current LCU 259.29 billion current LCU 138.92 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, Senegal or South Africa?
South Africa, at 565.22 billion current LCU against 165.55 billion current LCU in Senegal as of 2011.
What is the difference in financial and insurance activities (banking), value added between Senegal and South Africa?
399.67 billion current LCU, with South Africa ahead.
How many years of comparable data are there for Senegal and South Africa?
28 years are reported by both, from 1980 to 2007.
How do Senegal and South Africa rank globally for financial and insurance activities (banking), value added?
Senegal ranks 6th 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.

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Senegal vs South Africa: Financial and insurance activities (banking), value added. Statizoid, drawing on World Bank national accounts data, and OECD National Accounts data files. Retrieved 13 September 2026, from https://economy.statizoid.com/compare/financial-and-insurance-activities-banking-value-added-current-lcu/senegal/south-africa/

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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.