Kenya vs Nicaragua: Financial system deposits to GDP

Kenya
35.9%
in 2021
Nicaragua
33.1%
in 2021
Kenya rank
130th
Nicaragua rank
133rd

Financial system deposits to GDP over time

  • Kenya
  • Nicaragua
1020304050196019902021

How they compare

Kenya currently reports 35.9% against 33.1% in Nicaragua, a difference of 2.8%.

That makes Kenya's figure about 1.1 times Nicaragua's.

The two have swapped places 10 times across 61 shared years of data; in 1961 it was Kenya ahead.

Kenya ranks 130th and Nicaragua ranks 133rd of 185 countries.

Across the 7 decades both report, Kenya averaged higher in 6 and Nicaragua in 1.

Head to head by decade

Decade Kenya Nicaragua Difference Ahead
1960s 16.6% 26.8% 10.2% Nicaragua
1970s 23.7% 11.9% 11.8% Kenya
1980s 24.2% 22.9% 1.4% Kenya
1990s 29.8% 15.4% 14.5% Kenya
2000s 31.9% 27.4% 4.5% Kenya
2010s 35.4% 33.3% 2.0% Kenya
2020s 37.0% 33.4% 3.6% Kenya

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial system deposits to gdp, Kenya or Nicaragua?
Kenya, at 35.9% against 33.1% in Nicaragua as of 2021.
What is the difference in financial system deposits to gdp between Kenya and Nicaragua?
2.8%, with Kenya ahead.
How many years of comparable data are there for Kenya and Nicaragua?
61 years are reported by both, from 1961 to 2021.
How do Kenya and Nicaragua rank globally for financial system deposits to gdp?
Kenya ranks 130th and Nicaragua ranks 133rd 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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Kenya vs Nicaragua: Financial system deposits to GDP. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 08 September 2026, from https://financial-sector.statizoid.com/compare/financial-system-deposits-to-gdp-percent/kenya/nicaragua/

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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).