Africa vs South Africa: Financial and insurance activities (banking), value added
Africa
113.55 billion current US$
in 2008
South Africa
77.84 billion current US$
in 2011
Africa rank
1st
South Africa rank
1st
Financial and insurance activities (banking), value added over time
- Africa
- South Africa
How they compare
Africa currently reports 113.55 billion current US$ against 77.84 billion current US$ in South Africa, a difference of 35.71 billion current US$.
That makes Africa's figure about 1.5 times South Africa's.
Across all 44 years both countries report, Africa has been ahead every year.
Africa ranks 1st and South Africa ranks 1st of 1 groups.
Africa has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Africa | South Africa | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 3.29 billion current US$ | 1.60 billion current US$ | 1.68 billion current US$ | Africa |
| 1970s | 8.12 billion current US$ | 4.10 billion current US$ | 4.02 billion current US$ | Africa |
| 1980s | 20.09 billion current US$ | 10.54 billion current US$ | 9.55 billion current US$ | Africa |
| 1990s | 39.89 billion current US$ | 20.16 billion current US$ | 19.72 billion current US$ | Africa |
| 2000s | 81.52 billion current US$ | 38.04 billion current US$ | 43.48 billion current US$ | Africa |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial and insurance activities (banking), value added, Africa or South Africa?
- Africa, at 113.55 billion current US$ against 77.84 billion current US$ in South Africa as of 2008.
- What is the difference in financial and insurance activities (banking), value added between Africa and South Africa?
- 35.71 billion current US$, with Africa ahead.
- How many years of comparable data are there for Africa and South Africa?
- 44 years are reported by both, from 1965 to 2008.
- How do Africa and South Africa rank globally for financial and insurance activities (banking), value added?
- Africa ranks 1st and South Africa ranks 1st of 1 groups.
- Where does this data come from?
- World Bank national accounts data, and OECD National Accounts data files, published as Financial and insurance activities (banking), value added (current US$). 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 U.S. dollars.