North Macedonia vs Panama: Financial system deposits to GDP
Financial system deposits to GDP over time
- North Macedonia
- Panama
How they compare
North Macedonia currently reports 58.4% against 57.4% in Panama, a difference of 1.0%.
The two have swapped places 2 times across 29 shared years of data; in 1993 it was North Macedonia ahead.
North Macedonia ranks 91st and Panama ranks 93rd of 185 countries.
Panama has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | North Macedonia | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 17.5% | 58.2% | 40.6% | Panama |
| 2000s | 30.4% | 73.6% | 43.1% | Panama |
| 2010s | 48.7% | 65.8% | 17.1% | Panama |
| 2020s | 58.5% | 69.2% | 10.8% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial system deposits to gdp, North Macedonia or Panama?
- North Macedonia, at 58.4% against 57.4% in Panama as of 2021.
- What is the difference in financial system deposits to gdp between North Macedonia and Panama?
- 1.0%, with North Macedonia ahead.
- How many years of comparable data are there for North Macedonia and Panama?
- 29 years are reported by both, from 1993 to 2021.
- How do North Macedonia and Panama rank globally for financial system deposits to gdp?
- North Macedonia ranks 91st 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).