Latvia vs Mozambique: Financial system deposits to GDP

Latvia
50.7%
in 2021
Mozambique
51.2%
in 2021
Latvia rank
108th
Mozambique rank
106th

Financial system deposits to GDP over time

  • Latvia
  • Mozambique
1020304050198820042021

How they compare

Mozambique currently reports 51.2% against 50.7% in Latvia, a difference of 0.5%.

The two have swapped places 4 times across 26 shared years of data; in 1995 it was Mozambique ahead.

Latvia ranks 108th and Mozambique ranks 106th of 185 countries.

Across the 4 decades both report, Latvia averaged higher in 2 and Mozambique in 2.

Head to head by decade

Decade Latvia Mozambique Difference Ahead
1990s 13.6% 13.6% 0.0% Mozambique
2000s 28.2% 18.6% 9.7% Latvia
2010s 41.3% 39.5% 1.7% Latvia
2020s 50.9% 52.7% 1.8% Mozambique

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial system deposits to gdp, Latvia or Mozambique?
Mozambique, at 51.2% against 50.7% in Latvia as of 2021.
What is the difference in financial system deposits to gdp between Latvia and Mozambique?
0.5%, with Mozambique ahead.
How many years of comparable data are there for Latvia and Mozambique?
26 years are reported by both, from 1995 to 2021.
How do Latvia and Mozambique rank globally for financial system deposits to gdp?
Latvia ranks 108th and Mozambique ranks 106th 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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Latvia vs Mozambique: 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/latvia/mozambique/

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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).