Democratic Republic of Congo vs Nigeria: Financial system deposits to GDP
Financial system deposits to GDP over time
- Democratic Republic of Congo
- Nigeria
How they compare
Nigeria currently reports 21.8% against 20.9% in Democratic Republic of Congo, a difference of 0.9%.
Across all 22 years both countries report, Nigeria has been ahead every year.
Democratic Republic of Congo ranks 165th and Nigeria ranks 164th of 185 countries.
Nigeria has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Democratic Republic of Congo | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 3.2% | 12.6% | 9.3% | Nigeria |
| 2010s | 9.6% | 17.5% | 7.9% | Nigeria |
| 2020s | 19.6% | 21.3% | 1.7% | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial system deposits to gdp, Democratic Republic of Congo or Nigeria?
- Nigeria, at 21.8% against 20.9% in Democratic Republic of Congo as of 2021.
- What is the difference in financial system deposits to gdp between Democratic Republic of Congo and Nigeria?
- 0.9%, with Nigeria ahead.
- How many years of comparable data are there for Democratic Republic of Congo and Nigeria?
- 22 years are reported by both, from 2000 to 2021.
- How do Democratic Republic of Congo and Nigeria rank globally for financial system deposits to gdp?
- Democratic Republic of Congo ranks 165th and Nigeria ranks 164th 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).