South Africa vs Zambia: Financial and insurance activities (banking), value added
South Africa
565.22 billion current LCU
in 2011
Zambia
7.57 trillion current LCU
in 2011
South Africa rank
3rd
Zambia rank
1st
Financial and insurance activities (banking), value added over time
- South Africa
- Zambia
How they compare
Zambia currently reports 7.57 trillion current LCU against 565.22 billion current LCU in South Africa, a difference of 7.00 trillion current LCU.
That makes Zambia's figure about 13.4 times South Africa's.
Across all 12 years both countries report, Zambia has been ahead every year.
South Africa ranks 3rd and Zambia ranks 1st of 36 countries.
Zambia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | South Africa | Zambia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 299.76 billion current LCU | 2.74 trillion current LCU | 2.44 trillion current LCU | Zambia |
| 2010s | 538.28 billion current LCU | 7.16 trillion current LCU | 6.62 trillion current LCU | Zambia |
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 Zambia?
- Zambia, at 7.57 trillion 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 South Africa and Zambia?
- 7.00 trillion current LCU, with Zambia ahead.
- How many years of comparable data are there for South Africa and Zambia?
- 12 years are reported by both, from 2000 to 2011.
- How do South Africa and Zambia rank globally for financial and insurance activities (banking), value added?
- South Africa ranks 3rd and Zambia ranks 1st 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.