China vs Latvia: Financial system deposits to GDP
Financial system deposits to GDP over time
- China
- Latvia
How they compare
Latvia currently reports 50.7% against 48.7% in China, a difference of 2.0%.
The two have swapped places 1 time across 26 shared years of data; in 1995 it was China ahead.
China ranks 111th and Latvia ranks 108th of 185 countries.
China has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | China | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 29.5% | 13.6% | 15.9% | China |
| 2000s | 43.4% | 28.2% | 15.2% | China |
| 2010s | 50.6% | 41.3% | 9.4% | China |
| 2020s | 51.0% | 50.9% | 0.1% | China |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial system deposits to gdp, China or Latvia?
- Latvia, at 50.7% against 48.7% in China as of 2021.
- What is the difference in financial system deposits to gdp between China and Latvia?
- 2.0%, with Latvia ahead.
- How many years of comparable data are there for China and Latvia?
- 26 years are reported by both, from 1995 to 2021.
- How do China and Latvia rank globally for financial system deposits to gdp?
- China ranks 111th and Latvia ranks 108th 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).