Sierra Leone vs South Africa: Financial and insurance activities (banking), value added
Financial and insurance activities (banking), value added over time
- Sierra Leone
- South Africa
How they compare
Sierra Leone currently reports 599.69 billion current LCU against 565.22 billion current LCU in South Africa, a difference of 34.47 billion current LCU.
That makes Sierra Leone's figure about 1.1 times South Africa's.
The two have swapped places 1 time across 27 shared years of data; in 1985 it was South Africa ahead.
Sierra Leone ranks 2nd and South Africa ranks 3rd of 36 countries.
Across the 4 decades both report, Sierra Leone averaged higher in 1 and South Africa in 3.
Head to head by decade
| Decade | Sierra Leone | South Africa | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 1.96 billion current LCU | 21.84 billion current LCU | 19.87 billion current LCU | South Africa |
| 1990s | 18.35 billion current LCU | 81.73 billion current LCU | 63.37 billion current LCU | South Africa |
| 2000s | 241.32 billion current LCU | 299.76 billion current LCU | 58.44 billion current LCU | South Africa |
| 2010s | 540.60 billion current LCU | 538.28 billion current LCU | 2.32 billion current LCU | Sierra Leone |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial and insurance activities (banking), value added, Sierra Leone or South Africa?
- Sierra Leone, at 599.69 billion current LCU against 565.22 billion current LCU in South Africa as of 2011.
- What is the difference in financial and insurance activities (banking), value added between Sierra Leone and South Africa?
- 34.47 billion current LCU, with Sierra Leone ahead.
- How many years of comparable data are there for Sierra Leone and South Africa?
- 27 years are reported by both, from 1985 to 2011.
- How do Sierra Leone and South Africa rank globally for financial and insurance activities (banking), value added?
- Sierra Leone ranks 2nd 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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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.