Armenia vs Ecuador: Bank deposits to GDP
Bank deposits to GDP over time
- Armenia
- Ecuador
How they compare
Ecuador currently reports 48.3% against 44.8% in Armenia, a difference of 3.5%.
That makes Ecuador's figure about 1.1 times Armenia's.
The two have swapped places 3 times across 30 shared years of data; in 1992 it was Armenia ahead.
Armenia ranks 115th and Ecuador ranks 112th of 185 countries.
Across the 4 decades both report, Armenia averaged higher in 1 and Ecuador in 3.
Head to head by decade
| Decade | Armenia | Ecuador | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 17.7% | 15.6% | 2.1% | Armenia |
| 2000s | 10.4% | 20.3% | 9.9% | Ecuador |
| 2010s | 29.2% | 31.1% | 2.0% | Ecuador |
| 2020s | 43.9% | 47.2% | 3.3% | Ecuador |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher bank deposits to gdp, Armenia or Ecuador?
- Ecuador, at 48.3% against 44.8% in Armenia as of 2021.
- What is the difference in bank deposits to gdp between Armenia and Ecuador?
- 3.5%, with Ecuador ahead.
- How many years of comparable data are there for Armenia and Ecuador?
- 30 years are reported by both, from 1992 to 2021.
- How do Armenia and Ecuador rank globally for bank deposits to gdp?
- Armenia ranks 115th and Ecuador ranks 112th 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).