Australia vs Cape Verde: Bank deposits to GDP
Bank deposits to GDP over time
- Australia
- Cape Verde
How they compare
Australia currently reports 112.1% against 109.8% in Cape Verde, a difference of 2.3%.
The two have swapped places 6 times across 29 shared years of data; in 1993 it was Australia ahead.
Australia ranks 21st and Cape Verde ranks 24th of 185 countries.
Australia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Australia | Cape Verde | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 57.1% | 52.0% | 5.0% | Australia |
| 2000s | 76.7% | 67.0% | 9.7% | Australia |
| 2010s | 98.5% | 87.9% | 10.6% | Australia |
| 2020s | 115.7% | 113.1% | 2.7% | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher bank deposits to gdp, Australia or Cape Verde?
- Australia, at 112.1% against 109.8% in Cape Verde as of 2021.
- What is the difference in bank deposits to gdp between Australia and Cape Verde?
- 2.3%, with Australia ahead.
- How many years of comparable data are there for Australia and Cape Verde?
- 29 years are reported by both, from 1993 to 2021.
- How do Australia and Cape Verde rank globally for bank deposits to gdp?
- Australia ranks 21st and Cape Verde ranks 24th 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).