Guinea vs Nigeria: Deposit money banks'' assets to GDP

Guinea
14.8%
in 2021
Nigeria
16.4%
in 2021
Guinea rank
177th
Nigeria rank
174th

Deposit money banks'' assets to GDP over time

  • Guinea
  • Nigeria
510152025196019902021

How they compare

Nigeria currently reports 16.4% against 14.8% in Guinea, a difference of 1.6%.

That makes Nigeria's figure about 1.1 times Guinea's.

The two have swapped places 2 times across 33 shared years of data; in 1989 it was Nigeria ahead.

Guinea ranks 177th and Nigeria ranks 174th of 187 countries.

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

Head to head by decade

Decade Guinea Nigeria Difference Ahead
1980s 3.7% 6.1% 2.4% Nigeria
1990s 4.7% 8.7% 4.0% Nigeria
2000s 6.1% 15.7% 9.6% Nigeria
2010s 12.6% 18.0% 5.3% Nigeria
2020s 15.7% 15.9% 0.3% Nigeria

Averages of every year both report within each decade.

Frequently asked questions

Which has higher deposit money banks'' assets to gdp, Guinea or Nigeria?
Nigeria, at 16.4% against 14.8% in Guinea as of 2021.
What is the difference in deposit money banks'' assets to gdp between Guinea and Nigeria?
1.6%, with Nigeria ahead.
How many years of comparable data are there for Guinea and Nigeria?
33 years are reported by both, from 1989 to 2021.
How do Guinea and Nigeria rank globally for deposit money banks'' assets to gdp?
Guinea ranks 177th and Nigeria ranks 174th 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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Guinea vs Nigeria: Deposit money banks'' assets to GDP. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 15 September 2026, from https://financial-sector.statizoid.com/compare/deposit-money-banks-assets-to-gdp-percent/guinea/nigeria/

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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).