Finland vs Iceland: Deposit money banks'' assets to GDP
Deposit money banks'' assets to GDP over time
- Finland
- Iceland
How they compare
Iceland currently reports 111.3% against 105.1% in Finland, a difference of 6.2%.
That makes Iceland's figure about 1.1 times Finland's.
The two have swapped places 4 times across 60 shared years of data; in 1960 it was Iceland ahead.
Finland ranks 34th and Iceland ranks 31st of 187 countries.
Across the 7 decades both report, Finland averaged higher in 4 and Iceland in 3.
Head to head by decade
| Decade | Finland | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 40.8% | 38.3% | 2.6% | Finland |
| 1970s | 43.1% | 28.1% | 15.0% | Finland |
| 1980s | 59.5% | 36.8% | 22.7% | Finland |
| 1990s | 72.7% | 52.7% | 20.0% | Finland |
| 2000s | 73.0% | 185.6% | 112.6% | Iceland |
| 2010s | 99.9% | 116.3% | 16.4% | Iceland |
| 2020s | 106.9% | 111.4% | 4.5% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher deposit money banks'' assets to gdp, Finland or Iceland?
- Iceland, at 111.3% against 105.1% in Finland as of 2021.
- What is the difference in deposit money banks'' assets to gdp between Finland and Iceland?
- 6.2%, with Iceland ahead.
- How many years of comparable data are there for Finland and Iceland?
- 60 years are reported by both, from 1960 to 2021.
- How do Finland and Iceland rank globally for deposit money banks'' assets to gdp?
- Finland ranks 34th 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.
Individual pages
About this data
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).