Armenia vs Indonesia: Financial system deposits to GDP

Armenia
44.8%
in 2021
Indonesia
41.2%
in 2021
Armenia rank
115th
Indonesia rank
117th

Financial system deposits to GDP over time

  • Armenia
  • Indonesia
0204060198020002021

How they compare

Armenia currently reports 44.8% against 41.2% in Indonesia, a difference of 3.6%.

That makes Armenia's figure about 1.1 times Indonesia's.

The two have swapped places 2 times across 30 shared years of data; in 1992 it was Armenia ahead.

Armenia ranks 115th and Indonesia ranks 117th of 185 countries.

Across the 4 decades both report, Armenia averaged higher in 1 and Indonesia in 3.

Head to head by decade

Decade Armenia Indonesia Difference Ahead
1990s 17.7% 46.6% 28.9% Indonesia
2000s 10.4% 39.6% 29.2% Indonesia
2010s 29.2% 34.5% 5.3% Indonesia
2020s 43.9% 40.5% 3.4% Armenia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial system deposits to gdp, Armenia or Indonesia?
Armenia, at 44.8% against 41.2% in Indonesia as of 2021.
What is the difference in financial system deposits to gdp between Armenia and Indonesia?
3.6%, with Armenia ahead.
How many years of comparable data are there for Armenia and Indonesia?
30 years are reported by both, from 1992 to 2021.
How do Armenia and Indonesia rank globally for financial system deposits to gdp?
Armenia ranks 115th and Indonesia ranks 117th 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.

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Armenia vs Indonesia: Financial system deposits to GDP. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 06 September 2026, from https://financial-sector.statizoid.com/compare/financial-system-deposits-to-gdp-percent/armenia/indonesia/

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About this data

Indicator
Financial system deposits to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
185 places, 8,595 data points, 1960–2021
Last refreshed

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).