Australia vs Canada: Financial system deposits to GDP
Financial system deposits to GDP over time
- Australia
- Canada
How they compare
Canada currently reports 119.0% against 112.1% in Australia, a difference of 6.9%.
That makes Canada's figure about 1.1 times Australia's.
The two have swapped places 1 time across 49 shared years of data; in 1960 it was Australia ahead.
Australia ranks 21st and Canada ranks 18th of 185 countries.
Across the 5 decades both report, Australia averaged higher in 1 and Canada in 4.
Head to head by decade
| Decade | Australia | Canada | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 40.7% | 36.4% | 4.3% | Australia |
| 1970s | 37.2% | 49.0% | 11.8% | Canada |
| 1980s | 36.4% | 62.7% | 26.3% | Canada |
| 1990s | 55.0% | 72.4% | 17.5% | Canada |
| 2000s | 74.6% | 130.0% | 55.5% | Canada |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial system deposits to gdp, Australia or Canada?
- Canada, at 119.0% against 112.1% in Australia as of 2008.
- What is the difference in financial system deposits to gdp between Australia and Canada?
- 6.9%, with Canada ahead.
- How many years of comparable data are there for Australia and Canada?
- 49 years are reported by both, from 1960 to 2008.
- How do Australia and Canada rank globally for financial system deposits to gdp?
- Australia ranks 21st and Canada ranks 18th 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).