Canada vs Spain: Financial system deposits to GDP

Canada
119.0%
in 2008
Spain
119.7%
in 2021
Canada rank
18th
Spain rank
17th

Financial system deposits to GDP over time

  • Canada
  • Spain
255075100125150196019902021

How they compare

Spain currently reports 119.7% against 119.0% in Canada, a difference of 0.7%.

The two have swapped places 1 time across 47 shared years of data; in 1960 it was Spain ahead.

Canada ranks 18th and Spain ranks 17th of 185 countries.

Across the 5 decades both report, Canada averaged higher in 3 and Spain in 2.

Head to head by decade

Decade Canada Spain Difference Ahead
1960s 36.4% 49.2% 12.8% Spain
1970s 49.0% 67.3% 18.3% Spain
1980s 62.7% 60.5% 2.2% Canada
1990s 72.7% 60.1% 12.6% Canada
2000s 137.8% 82.6% 55.1% Canada

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial system deposits to gdp, Canada or Spain?
Spain, at 119.7% against 119.0% in Canada as of 2021.
What is the difference in financial system deposits to gdp between Canada and Spain?
0.7%, with Spain ahead.
How many years of comparable data are there for Canada and Spain?
47 years are reported by both, from 1960 to 2008.
How do Canada and Spain rank globally for financial system deposits to gdp?
Canada ranks 18th and Spain ranks 17th 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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Canada vs Spain: Financial system deposits to GDP. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 26 August 2026, from https://financial-sector.statizoid.com/compare/financial-system-deposits-to-gdp-percent/canada/spain/

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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).