Micronesia (country) vs Norway: Financial system deposits to GDP
Financial system deposits to GDP over time
- Micronesia (country)
- Norway
How they compare
Micronesia (country) currently reports 69.9% against 69.3% in Norway, a difference of 0.6%.
The two have swapped places 8 times across 26 shared years of data; in 1995 it was Norway ahead.
Micronesia (country) ranks 71st and Norway ranks 72nd of 185 countries.
Norway has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Micronesia (country) | Norway | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 48.9% | 49.2% | 0.3% | Norway |
| 2000s | 40.7% | 51.1% | 10.4% | Norway |
| 2010s | 53.3% | 59.4% | 6.1% | Norway |
| 2020s | 69.9% | 76.0% | 6.0% | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial system deposits to gdp, Micronesia (country) or Norway?
- Micronesia (country), at 69.9% against 69.3% in Norway as of 2020.
- What is the difference in financial system deposits to gdp between Micronesia (country) and Norway?
- 0.6%, with Micronesia (country) ahead.
- How many years of comparable data are there for Micronesia (country) and Norway?
- 26 years are reported by both, from 1995 to 2020.
- How do Micronesia (country) and Norway rank globally for financial system deposits to gdp?
- Micronesia (country) ranks 71st 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.
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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).