Japan vs Luxembourg: Financial system deposits to GDP

Japan
259.6%
in 2021
Luxembourg
437.1%
in 2021
Japan rank
4th
Luxembourg rank
1st

Financial system deposits to GDP over time

  • Japan
  • Luxembourg
0100200300400500196019902021

How they compare

Luxembourg currently reports 437.1% against 259.6% in Japan, a difference of 177.5%.

That makes Luxembourg's figure about 1.7 times Japan's.

The two have swapped places 2 times across 58 shared years of data; in 1960 it was Luxembourg ahead.

Japan ranks 4th and Luxembourg ranks 1st of 185 countries.

Across the 7 decades both report, Japan averaged higher in 2 and Luxembourg in 5.

Head to head by decade

Decade Japan Luxembourg Difference Ahead
1960s 62.8% 45.1% 17.7% Japan
1970s 115.9% 81.6% 34.3% Japan
1980s 155.8% 172.7% 16.8% Luxembourg
1990s 185.9% 289.9% 104.0% Luxembourg
2000s 183.1% 385.0% 201.9% Luxembourg
2010s 215.9% 363.0% 147.1% Luxembourg
2020s 256.9% 433.0% 176.1% Luxembourg

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial system deposits to gdp, Japan or Luxembourg?
Luxembourg, at 437.1% against 259.6% in Japan as of 2021.
What is the difference in financial system deposits to gdp between Japan and Luxembourg?
177.5%, with Luxembourg ahead.
How many years of comparable data are there for Japan and Luxembourg?
58 years are reported by both, from 1960 to 2021.
How do Japan and Luxembourg rank globally for financial system deposits to gdp?
Japan ranks 4th and Luxembourg ranks 1st 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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Japan vs Luxembourg: Financial system deposits to GDP. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 05 September 2026, from https://financial-sector.statizoid.com/compare/financial-system-deposits-to-gdp-percent/japan/luxembourg/

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About this data

Indicator
Financial system deposits to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
185 places, 8,595 data points, 1960–2021
Last refreshed

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).