El Salvador vs Panama: Financial system deposits to GDP
Financial system deposits to GDP over time
- El Salvador
- Panama
How they compare
El Salvador currently reports 57.6% against 57.4% in Panama, a difference of 0.2%.
The two have swapped places 8 times across 57 shared years of data; in 1965 it was El Salvador ahead.
El Salvador ranks 92nd and Panama ranks 93rd of 185 countries.
Across the 7 decades both report, El Salvador averaged higher in 1 and Panama in 6.
Head to head by decade
| Decade | El Salvador | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 15.4% | 11.7% | 3.7% | El Salvador |
| 1970s | 20.5% | 22.9% | 2.4% | Panama |
| 1980s | 28.4% | 29.9% | 1.5% | Panama |
| 1990s | 36.7% | 52.2% | 15.5% | Panama |
| 2000s | 47.9% | 73.6% | 25.6% | Panama |
| 2010s | 48.0% | 65.8% | 17.8% | Panama |
| 2020s | 61.2% | 69.2% | 8.0% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial system deposits to gdp, El Salvador or Panama?
- El Salvador, at 57.6% against 57.4% in Panama as of 2021.
- What is the difference in financial system deposits to gdp between El Salvador and Panama?
- 0.2%, with El Salvador ahead.
- How many years of comparable data are there for El Salvador and Panama?
- 57 years are reported by both, from 1965 to 2021.
- How do El Salvador and Panama rank globally for financial system deposits to gdp?
- El Salvador ranks 92nd and Panama ranks 93rd 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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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).