Cape Verde vs Somalia: Financial and insurance activities (banking), value added
Cape Verde
27.40 million current US$
in 2011
Somalia
3.82 million current US$
in 1990
Cape Verde rank
30th
Somalia rank
32nd
Financial and insurance activities (banking), value added over time
- Cape Verde
- Somalia
How they compare
Cape Verde currently reports 27.40 million current US$ against 3.82 million current US$ in Somalia, a difference of 23.57 million current US$.
That makes Cape Verde's figure about 7.2 times Somalia's.
Across all 11 years both countries report, Somalia has been ahead every year.
Cape Verde ranks 30th and Somalia ranks 32nd of 37 countries.
Somalia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Cape Verde | Somalia | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 688,809 current US$ | 6.69 million current US$ | 6.00 million current US$ | Somalia |
| 1990s | 502,825 current US$ | 3.82 million current US$ | 3.32 million current US$ | Somalia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial and insurance activities (banking), value added, Cape Verde or Somalia?
- Cape Verde, at 27.40 million current US$ against 3.82 million current US$ in Somalia as of 2011.
- What is the difference in financial and insurance activities (banking), value added between Cape Verde and Somalia?
- 23.57 million current US$, with Cape Verde ahead.
- How many years of comparable data are there for Cape Verde and Somalia?
- 11 years are reported by both, from 1980 to 1990.
- How do Cape Verde and Somalia rank globally for financial and insurance activities (banking), value added?
- Cape Verde ranks 30th and Somalia ranks 32nd of 37 countries.
- Where does this data come from?
- World Bank national accounts data, and OECD National Accounts data files, published as Financial and insurance activities (banking), value added (current US$). 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.