South Africa vs Tanzania, United Republic of: Financial and insurance activities (banking), value added

South Africa
565.22 billion current LCU
in 2011
Tanzania, United Republic of
233.93 billion current LCU
in 2011
South Africa rank
3rd
Tanzania, United Republic of rank
5th

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

  • South Africa
  • Tanzania, United Republic of
0200.0B400.0B600.0B196519882011

How they compare

South Africa currently reports 565.22 billion current LCU against 233.93 billion current LCU in Tanzania, United Republic of, a difference of 331.29 billion current LCU.

That makes South Africa's figure about 2.4 times Tanzania, United Republic of's.

The two have swapped places 2 times across 22 shared years of data; in 1990 it was South Africa ahead.

South Africa ranks 3rd and Tanzania, United Republic of ranks 5th of 36 countries.

South Africa has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade South Africa Tanzania, United Republic of Difference Ahead
1990s 81.73 billion current LCU 37.91 billion current LCU 43.81 billion current LCU South Africa
2000s 299.76 billion current LCU 108.28 billion current LCU 191.48 billion current LCU South Africa
2010s 538.28 billion current LCU 221.85 billion current LCU 316.43 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, South Africa or Tanzania, United Republic of?
South Africa, at 565.22 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 South Africa and Tanzania, United Republic of?
331.29 billion current LCU, with South Africa ahead.
How many years of comparable data are there for South Africa and Tanzania, United Republic of?
22 years are reported by both, from 1990 to 2011.
How do South Africa and Tanzania, United Republic of rank globally for financial and insurance activities (banking), value added?
South Africa ranks 3rd 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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South Africa vs Tanzania, United Republic of: Financial and insurance activities (banking), value added. Statizoid, drawing on World Bank national accounts data, and OECD National Accounts data files. Retrieved 15 September 2026, from https://economy.statizoid.com/compare/financial-and-insurance-activities-banking-value-added-current-lcu/south-africa/tanzania/

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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.