Jamaica vs Norway: Bank deposits to GDP
Bank deposits to GDP over time
- Jamaica
- Norway
How they compare
Norway currently reports 69.3% against 68.7% in Jamaica, a difference of 0.6%.
The two have swapped places 2 times across 62 shared years of data; in 1960 it was Norway ahead.
Jamaica ranks 75th and Norway ranks 72nd of 185 countries.
Norway has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Jamaica | Norway | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 21.2% | 35.7% | 14.5% | Norway |
| 1970s | 32.0% | 39.5% | 7.5% | Norway |
| 1980s | 44.5% | 46.7% | 2.2% | Norway |
| 1990s | 37.1% | 51.0% | 13.9% | Norway |
| 2000s | 40.8% | 51.1% | 10.2% | Norway |
| 2010s | 43.5% | 59.4% | 15.9% | Norway |
| 2020s | 66.2% | 72.6% | 6.4% | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher bank deposits to gdp, Jamaica or Norway?
- Norway, at 69.3% against 68.7% in Jamaica as of 2021.
- What is the difference in bank deposits to gdp between Jamaica and Norway?
- 0.6%, with Norway ahead.
- How many years of comparable data are there for Jamaica and Norway?
- 62 years are reported by both, from 1960 to 2021.
- How do Jamaica and Norway rank globally for bank deposits to gdp?
- Jamaica ranks 75th and Norway ranks 72nd 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).