Russian Federation vs Tonga: Financial system deposits to GDP
Financial system deposits to GDP over time
- Russian Federation
- Tonga
How they compare
Tonga currently reports 54.3% against 53.9% in Russian Federation, a difference of 0.4%.
The two have swapped places 3 times across 20 shared years of data; in 2001 it was Tonga ahead.
Russian Federation ranks 103rd and Tonga ranks 102nd of 185 countries.
Across the 3 decades both report, Russian Federation averaged higher in 2 and Tonga in 1.
Head to head by decade
| Decade | Russian Federation | Tonga | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 24.0% | 39.5% | 15.5% | Tonga |
| 2010s | 45.1% | 43.8% | 1.2% | Russian Federation |
| 2020s | 58.6% | 54.3% | 4.4% | Russian Federation |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial system deposits to gdp, Russian Federation or Tonga?
- Tonga, at 54.3% against 53.9% in Russian Federation as of 2020.
- What is the difference in financial system deposits to gdp between Russian Federation and Tonga?
- 0.4%, with Tonga ahead.
- How many years of comparable data are there for Russian Federation and Tonga?
- 20 years are reported by both, from 2001 to 2020.
- How do Russian Federation and Tonga rank globally for financial system deposits to gdp?
- Russian Federation ranks 103rd and Tonga ranks 102nd 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).