Jamaica vs Norway: Financial system deposits to GDP
Financial system deposits to GDP over time
- Jamaica
- Norway
How they compare
Norway currently reports 69.3% against 68.7% in Jamaica, a difference of 0.6%.
The two have swapped places 2 times across 62 shared years of data; in 1960 it was Norway ahead.
Jamaica ranks 75th and Norway ranks 72nd of 185 countries.
Norway has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Jamaica | Norway | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 21.2% | 35.7% | 14.5% | Norway |
| 1970s | 32.0% | 39.5% | 7.5% | Norway |
| 1980s | 44.5% | 46.7% | 2.2% | Norway |
| 1990s | 37.1% | 51.0% | 13.9% | Norway |
| 2000s | 40.8% | 51.1% | 10.2% | Norway |
| 2010s | 43.5% | 59.4% | 15.9% | Norway |
| 2020s | 66.2% | 72.6% | 6.4% | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial system deposits to gdp, Jamaica or Norway?
- Norway, at 69.3% against 68.7% in Jamaica as of 2021.
- What is the difference in financial system deposits to gdp between Jamaica and Norway?
- 0.6%, with Norway ahead.
- How many years of comparable data are there for Jamaica and Norway?
- 62 years are reported by both, from 1960 to 2021.
- How do Jamaica and Norway rank globally for financial system deposits to gdp?
- Jamaica ranks 75th and Norway ranks 72nd 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).