Russian Federation vs Tonga: Bank deposits to GDP
Bank deposits to GDP over time
- Russian Federation
- Tonga
How they compare
Tonga currently reports 54.3% against 53.9% in Russian Federation, a difference of 0.4%.
The two have swapped places 3 times across 20 shared years of data; in 2001 it was Tonga ahead.
Russian Federation ranks 103rd and Tonga ranks 102nd of 185 countries.
Across the 3 decades both report, Russian Federation averaged higher in 2 and Tonga in 1.
Head to head by decade
| Decade | Russian Federation | Tonga | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 24.0% | 39.5% | 15.5% | Tonga |
| 2010s | 45.1% | 43.8% | 1.2% | Russian Federation |
| 2020s | 58.6% | 54.3% | 4.4% | Russian Federation |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher bank deposits to gdp, Russian Federation or Tonga?
- Tonga, at 54.3% against 53.9% in Russian Federation as of 2020.
- What is the difference in bank deposits to gdp between Russian Federation and Tonga?
- 0.4%, with Tonga ahead.
- How many years of comparable data are there for Russian Federation and Tonga?
- 20 years are reported by both, from 2001 to 2020.
- How do Russian Federation and Tonga rank globally for bank deposits to gdp?
- Russian Federation ranks 103rd and Tonga ranks 102nd 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).