Armenia vs Ecuador: Financial system deposits to GDP
Financial system deposits to GDP over time
- Armenia
- Ecuador
How they compare
Ecuador currently reports 48.3% against 44.8% in Armenia, a difference of 3.5%.
That makes Ecuador's figure about 1.1 times Armenia's.
The two have swapped places 3 times across 30 shared years of data; in 1992 it was Armenia ahead.
Armenia ranks 115th and Ecuador ranks 112th of 185 countries.
Across the 4 decades both report, Armenia averaged higher in 1 and Ecuador in 3.
Head to head by decade
| Decade | Armenia | Ecuador | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 17.7% | 15.6% | 2.1% | Armenia |
| 2000s | 10.4% | 20.3% | 9.9% | Ecuador |
| 2010s | 29.2% | 31.1% | 2.0% | Ecuador |
| 2020s | 43.9% | 47.2% | 3.3% | Ecuador |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial system deposits to gdp, Armenia or Ecuador?
- Ecuador, at 48.3% against 44.8% in Armenia as of 2021.
- What is the difference in financial system deposits to gdp between Armenia and Ecuador?
- 3.5%, with Ecuador ahead.
- How many years of comparable data are there for Armenia and Ecuador?
- 30 years are reported by both, from 1992 to 2021.
- How do Armenia and Ecuador rank globally for financial system deposits to gdp?
- Armenia ranks 115th and Ecuador ranks 112th of 185 countries.
- Where does this data come from?
- International Financial Statistics (IFS), International Monetary Fund (IMF), published as Financial system 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 and other financial institutions 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. Financial system deposits (IFS lines 24, 25, 44, and 45); 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).