Cyprus vs South Korea: Financial system deposits to GDP
Financial system deposits to GDP over time
- Cyprus
- South Korea
How they compare
Cyprus currently reports 166.7% against 160.4% in South Korea, a difference of 6.3%.
Across all 33 years both countries report, Cyprus has been ahead every year.
Cyprus ranks 7th and South Korea ranks 8th of 185 countries.
Cyprus has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Cyprus | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 73.1% | 25.8% | 47.3% | Cyprus |
| 1980s | 71.3% | 29.4% | 41.9% | Cyprus |
| 1990s | 127.2% | 36.1% | 91.2% | Cyprus |
| 2000s | 122.9% | 60.2% | 62.7% | Cyprus |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial system deposits to gdp, Cyprus or South Korea?
- Cyprus, at 166.7% against 160.4% in South Korea as of 2007.
- What is the difference in financial system deposits to gdp between Cyprus and South Korea?
- 6.3%, with Cyprus ahead.
- How many years of comparable data are there for Cyprus and South Korea?
- 33 years are reported by both, from 1975 to 2007.
- How do Cyprus and South Korea rank globally for financial system deposits to gdp?
- Cyprus ranks 7th and South Korea ranks 8th 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).