Philippines vs Trinidad and Tobago: Financial system deposits to GDP
Financial system deposits to GDP over time
- Philippines
- Trinidad and Tobago
How they compare
Philippines currently reports 77.7% against 76.9% in Trinidad and Tobago, a difference of 0.8%.
The two have swapped places 7 times across 62 shared years of data; in 1960 it was Trinidad and Tobago ahead.
Philippines ranks 57th and Trinidad and Tobago ranks 60th of 185 countries.
Across the 7 decades both report, Philippines averaged higher in 3 and Trinidad and Tobago in 4.
Head to head by decade
| Decade | Philippines | Trinidad and Tobago | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 16.6% | 20.4% | 3.9% | Trinidad and Tobago |
| 1970s | 18.9% | 30.2% | 11.3% | Trinidad and Tobago |
| 1980s | 23.1% | 48.5% | 25.3% | Trinidad and Tobago |
| 1990s | 40.5% | 51.5% | 11.0% | Trinidad and Tobago |
| 2000s | 50.4% | 45.5% | 4.9% | Philippines |
| 2010s | 59.6% | 56.0% | 3.6% | Philippines |
| 2020s | 77.5% | 76.2% | 1.2% | Philippines |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial system deposits to gdp, Philippines or Trinidad and Tobago?
- Philippines, at 77.7% against 76.9% in Trinidad and Tobago as of 2021.
- What is the difference in financial system deposits to gdp between Philippines and Trinidad and Tobago?
- 0.8%, with Philippines ahead.
- How many years of comparable data are there for Philippines and Trinidad and Tobago?
- 62 years are reported by both, from 1960 to 2021.
- How do Philippines and Trinidad and Tobago rank globally for financial system deposits to gdp?
- Philippines ranks 57th and Trinidad and Tobago ranks 60th 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).