Denmark vs South Africa: Financial system deposits to GDP
Financial system deposits to GDP over time
- Denmark
- South Africa
How they compare
South Africa currently reports 60.4% against 60.0% in Denmark, a difference of 0.4%.
The two have swapped places 6 times across 55 shared years of data; in 1966 it was South Africa ahead.
Denmark ranks 87th and South Africa ranks 86th of 185 countries.
Across the 7 decades both report, Denmark averaged higher in 3 and South Africa in 4.
Head to head by decade
| Decade | Denmark | South Africa | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 27.1% | 47.9% | 20.8% | South Africa |
| 1970s | 26.3% | 48.7% | 22.4% | South Africa |
| 1980s | 37.9% | 45.5% | 7.6% | South Africa |
| 1990s | 53.7% | 43.5% | 10.2% | Denmark |
| 2000s | 54.2% | 49.6% | 4.6% | Denmark |
| 2010s | 54.2% | 54.8% | 0.6% | South Africa |
| 2020s | 62.0% | 61.8% | 0.2% | Denmark |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial system deposits to gdp, Denmark or South Africa?
- South Africa, at 60.4% against 60.0% in Denmark as of 2021.
- What is the difference in financial system deposits to gdp between Denmark and South Africa?
- 0.4%, with South Africa ahead.
- How many years of comparable data are there for Denmark and South Africa?
- 55 years are reported by both, from 1966 to 2021.
- How do Denmark and South Africa rank globally for financial system deposits to gdp?
- Denmark ranks 87th and South Africa ranks 86th 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).