Philippines vs Trinidad and Tobago: Bank deposits to GDP
Bank deposits to GDP over time
- Philippines
- Trinidad and Tobago
How they compare
Philippines currently reports 77.7% against 76.9% in Trinidad and Tobago, a difference of 0.8%.
The two have swapped places 9 times across 62 shared years of data; in 1960 it was Trinidad and Tobago ahead.
Philippines ranks 57th and Trinidad and Tobago ranks 60th of 185 countries.
Across the 7 decades both report, Philippines averaged higher in 3 and Trinidad and Tobago in 4.
Head to head by decade
| Decade | Philippines | Trinidad and Tobago | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 15.3% | 19.5% | 4.2% | Trinidad and Tobago |
| 1970s | 15.9% | 28.1% | 12.2% | Trinidad and Tobago |
| 1980s | 20.2% | 38.7% | 18.5% | Trinidad and Tobago |
| 1990s | 36.8% | 41.3% | 4.5% | Trinidad and Tobago |
| 2000s | 47.0% | 39.2% | 7.8% | Philippines |
| 2010s | 59.6% | 55.7% | 3.8% | Philippines |
| 2020s | 77.5% | 76.2% | 1.2% | Philippines |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher bank deposits to gdp, Philippines or Trinidad and Tobago?
- Philippines, at 77.7% against 76.9% in Trinidad and Tobago as of 2021.
- What is the difference in bank deposits to gdp between Philippines and Trinidad and Tobago?
- 0.8%, with Philippines ahead.
- How many years of comparable data are there for Philippines and Trinidad and Tobago?
- 62 years are reported by both, from 1960 to 2021.
- How do Philippines and Trinidad and Tobago rank globally for bank deposits to gdp?
- Philippines ranks 57th and Trinidad and Tobago ranks 60th 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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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).