Angola vs Nigeria: Bank deposits to GDP
Bank deposits to GDP over time
- Angola
- Nigeria
How they compare
Angola currently reports 22.6% against 21.8% in Nigeria, a difference of 0.8%.
The two have swapped places 2 times across 27 shared years of data; in 1995 it was Angola ahead.
Angola ranks 161st and Nigeria ranks 164th of 185 countries.
Angola has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Angola | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 15.9% | 7.0% | 8.9% | Angola |
| 2000s | 16.0% | 12.6% | 3.4% | Angola |
| 2010s | 32.2% | 17.5% | 14.6% | Angola |
| 2020s | 29.5% | 21.3% | 8.2% | Angola |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher bank deposits to gdp, Angola or Nigeria?
- Angola, at 22.6% against 21.8% in Nigeria as of 2021.
- What is the difference in bank deposits to gdp between Angola and Nigeria?
- 0.8%, with Angola ahead.
- How many years of comparable data are there for Angola and Nigeria?
- 27 years are reported by both, from 1995 to 2021.
- How do Angola and Nigeria rank globally for bank deposits to gdp?
- Angola ranks 161st and Nigeria ranks 164th of 185 countries.
- Where does this data come from?
- International Financial Statistics (IFS), International Monetary Fund (IMF), published as Bank deposits to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Demand, time and saving deposits in deposit money banks as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is demand and time and saving deposits, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Bank deposits (IFS lines 24 and 25); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).