Australia vs Canada: Bank deposits to GDP
Bank deposits to GDP over time
- Australia
- Canada
How they compare
Canada currently reports 119.0% against 112.1% in Australia, a difference of 6.9%.
That makes Canada's figure about 1.1 times Australia's.
Across all 8 years both countries report, Canada has been ahead every year.
Australia ranks 21st and Canada ranks 18th of 185 countries.
Canada has averaged higher in every one of the 1 decades both report.
Frequently asked questions
- Which has higher bank deposits to gdp, Australia or Canada?
- Canada, at 119.0% against 112.1% in Australia as of 2008.
- What is the difference in bank deposits to gdp between Australia and Canada?
- 6.9%, with Canada ahead.
- How many years of comparable data are there for Australia and Canada?
- 8 years are reported by both, from 2001 to 2008.
- How do Australia and Canada rank globally for bank deposits to gdp?
- Australia ranks 21st and Canada ranks 18th 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).