Cape Verde vs Iceland: Deposit money banks'' assets to GDP

Cape Verde
105.5%
in 2021
Iceland
111.3%
in 2021
Cape Verde rank
33rd
Iceland rank
31st

Deposit money banks'' assets to GDP over time

  • Cape Verde
  • Iceland
0100200300196019902021

How they compare

Iceland currently reports 111.3% against 105.5% in Cape Verde, a difference of 5.8%.

That makes Iceland's figure about 1.1 times Cape Verde's.

Across all 42 years both countries report, Iceland has been ahead every year.

Cape Verde ranks 33rd and Iceland ranks 31st of 187 countries.

Iceland has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Cape Verde Iceland Difference Ahead
1980s 2.7% 36.8% 34.1% Iceland
1990s 31.0% 54.7% 23.6% Iceland
2000s 61.3% 176.5% 115.1% Iceland
2010s 84.9% 116.3% 31.5% Iceland
2020s 105.5% 111.4% 5.9% Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher deposit money banks'' assets to gdp, Cape Verde or Iceland?
Iceland, at 111.3% against 105.5% in Cape Verde as of 2021.
What is the difference in deposit money banks'' assets to gdp between Cape Verde and Iceland?
5.8%, with Iceland ahead.
How many years of comparable data are there for Cape Verde and Iceland?
42 years are reported by both, from 1980 to 2021.
How do Cape Verde and Iceland rank globally for deposit money banks'' assets to gdp?
Cape Verde ranks 33rd and Iceland ranks 31st of 187 countries.
Where does this data come from?
International Financial Statistics (IFS), International Monetary Fund (IMF), published as Deposit money banks'' assets to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Cape Verde vs Iceland: Deposit money banks'' assets to GDP. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 13 September 2026, from https://financial-sector.statizoid.com/compare/deposit-money-banks-assets-to-gdp-percent/cabo-verde/iceland/

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About this data

Indicator
Deposit money banks'' assets to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
187 places, 8,670 data points, 1960–2021
Last refreshed

Claims on domestic real nonfinancial sector by 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 deposit money bank claims, 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. Deposit money bank assets (IFS lines 22, a-d); 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).