Australia vs Cape Verde: Financial system deposits to GDP
Financial system deposits to GDP over time
- Australia
- Cape Verde
How they compare
Australia currently reports 112.1% against 109.8% in Cape Verde, a difference of 2.3%.
The two have swapped places 6 times across 42 shared years of data; in 1980 it was Australia ahead.
Australia ranks 21st and Cape Verde ranks 24th of 185 countries.
Australia has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Australia | Cape Verde | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 36.4% | 2.0% | 34.4% | Australia |
| 1990s | 55.0% | 37.2% | 17.8% | Australia |
| 2000s | 76.7% | 67.0% | 9.7% | Australia |
| 2010s | 98.5% | 87.9% | 10.6% | Australia |
| 2020s | 115.7% | 113.1% | 2.7% | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial system deposits to gdp, Australia or Cape Verde?
- Australia, at 112.1% against 109.8% in Cape Verde as of 2021.
- What is the difference in financial system deposits to gdp between Australia and Cape Verde?
- 2.3%, with Australia ahead.
- How many years of comparable data are there for Australia and Cape Verde?
- 42 years are reported by both, from 1980 to 2021.
- How do Australia and Cape Verde rank globally for financial system deposits to gdp?
- Australia ranks 21st and Cape Verde ranks 24th 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).