Canada vs Norway: Deposit money banks'' assets to GDP

Canada
141.3%
in 2008
Norway
133.8%
in 2021
Canada rank
18th
Norway rank
21st

Deposit money banks'' assets to GDP over time

  • Canada
  • Norway
050100150196019902021

How they compare

Canada currently reports 141.3% against 133.8% in Norway, a difference of 7.5%.

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

The two have swapped places 3 times across 49 shared years of data; in 1960 it was Norway ahead.

Canada ranks 18th and Norway ranks 21st of 187 countries.

Across the 5 decades both report, Canada averaged higher in 4 and Norway in 1.

Head to head by decade

Decade Canada Norway Difference Ahead
1960s 29.6% 35.9% 6.2% Norway
1970s 50.2% 41.5% 8.7% Canada
1980s 69.8% 60.8% 9.0% Canada
1990s 86.9% 69.3% 17.6% Canada
2000s 127.6% 84.9% 42.7% Canada

Averages of every year both report within each decade.

Frequently asked questions

Which has higher deposit money banks'' assets to gdp, Canada or Norway?
Canada, at 141.3% against 133.8% in Norway as of 2008.
What is the difference in deposit money banks'' assets to gdp between Canada and Norway?
7.5%, with Canada ahead.
How many years of comparable data are there for Canada and Norway?
49 years are reported by both, from 1960 to 2008.
How do Canada and Norway rank globally for deposit money banks'' assets to gdp?
Canada ranks 18th and Norway ranks 21st 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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Canada vs Norway: Deposit money banks'' assets to GDP. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 12 September 2026, from https://financial-sector.statizoid.com/compare/deposit-money-banks-assets-to-gdp-percent/canada/norway/

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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).