Canada vs Seychelles: Bank deposits to GDP

Canada
119.0%
in 2008
Seychelles
112.5%
in 2021
Canada rank
18th
Seychelles rank
20th

Bank deposits to GDP over time

  • Canada
  • Seychelles
050100150197119962021

How they compare

Canada currently reports 119.0% against 112.5% in Seychelles, a difference of 6.5%.

That makes Canada's figure about 1.1 times Seychelles's.

Across all 8 years both countries report, Canada has been ahead every year.

Canada ranks 18th and Seychelles ranks 20th 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, Canada or Seychelles?
Canada, at 119.0% against 112.5% in Seychelles as of 2008.
What is the difference in bank deposits to gdp between Canada and Seychelles?
6.5%, with Canada ahead.
How many years of comparable data are there for Canada and Seychelles?
8 years are reported by both, from 2001 to 2008.
How do Canada and Seychelles rank globally for bank deposits to gdp?
Canada ranks 18th and Seychelles ranks 20th 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.

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Canada vs Seychelles: Bank deposits to GDP. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 01 September 2026, from https://financial-sector.statizoid.com/compare/bank-deposits-to-gdp-percent/canada/seychelles/

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About this data

Indicator
Bank deposits to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
185 places, 8,479 data points, 1960–2021
Last refreshed

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).