Montenegro vs Panama: Financial system deposits to GDP
Financial system deposits to GDP over time
- Montenegro
- Panama
How they compare
Panama currently reports 57.4% against 56.7% in Montenegro, a difference of 0.7%.
Across all 20 years both countries report, Panama has been ahead every year.
Montenegro ranks 95th and Panama ranks 93rd of 185 countries.
Panama has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Montenegro | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 33.2% | 73.4% | 40.2% | Panama |
| 2010s | 53.0% | 65.8% | 12.8% | Panama |
| 2020s | 57.2% | 69.2% | 12.1% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial system deposits to gdp, Montenegro or Panama?
- Panama, at 57.4% against 56.7% in Montenegro as of 2021.
- What is the difference in financial system deposits to gdp between Montenegro and Panama?
- 0.7%, with Panama ahead.
- How many years of comparable data are there for Montenegro and Panama?
- 20 years are reported by both, from 2002 to 2021.
- How do Montenegro and Panama rank globally for financial system deposits to gdp?
- Montenegro ranks 95th and Panama ranks 93rd 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).