Barbados vs Cape Verde: Financial system deposits to GDP

Barbados
111.1%
in 2019
Cape Verde
109.8%
in 2021
Barbados rank
22nd
Cape Verde rank
24th

Financial system deposits to GDP over time

  • Barbados
  • Cape Verde
0255075100125196619932021

How they compare

Barbados currently reports 111.1% against 109.8% in Cape Verde, a difference of 1.3%.

The two have swapped places 2 times across 38 shared years of data; in 1980 it was Barbados ahead.

Barbados ranks 22nd and Cape Verde ranks 24th of 185 countries.

Barbados has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Barbados Cape Verde Difference Ahead
1980s 37.7% 2.0% 35.7% Barbados
1990s 51.8% 37.2% 14.7% Barbados
2000s 97.0% 67.0% 30.1% Barbados
2010s 107.3% 91.5% 15.8% Barbados

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial system deposits to gdp, Barbados or Cape Verde?
Barbados, at 111.1% against 109.8% in Cape Verde as of 2019.
What is the difference in financial system deposits to gdp between Barbados and Cape Verde?
1.3%, with Barbados ahead.
How many years of comparable data are there for Barbados and Cape Verde?
38 years are reported by both, from 1980 to 2019.
How do Barbados and Cape Verde rank globally for financial system deposits to gdp?
Barbados ranks 22nd 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.

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Barbados vs Cape Verde: Financial system deposits to GDP. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 01 September 2026, from https://financial-sector.statizoid.com/compare/financial-system-deposits-to-gdp-percent/barbados/cabo-verde/

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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).