Bank deposits to GDP in Aruba
Aruba: Bank deposits to GDP was 111.1% in 2020. ▲ Rising
Bank deposits to GDP in Aruba, 1986–2020
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2020, bank deposits to gdp in Aruba stood at 111.1%. That is the highest value across all 35 years on record.
The figure is up 37.8% on the previous year and up 63.8% over ten years.
Over the whole period, bank deposits to gdp in Aruba peaked at 111.1% in 2020 and was at its lowest, 38.8%, in 1986.
That places Aruba 23rd out of 185 countries with data for 2020, putting it in the top quarter.
The long-run direction has been consistently rising across the 35 years of available data.
Bank deposits to GDP in Aruba, year by year
| Year | % | Change |
|---|---|---|
| 1986 | 38.8% | — |
| 1987 | 45.3% | +16.7% |
| 1988 | 44.6% | -1.5% |
| 1989 | 46.9% | +5.1% |
| 1990 | 49.6% | +5.8% |
| 1991 | 51.5% | +3.7% |
| 1992 | 53.4% | +3.7% |
| 1993 | 49.9% | -6.6% |
| 1994 | 49.6% | -0.5% |
| 1995 | 48.2% | -2.8% |
| 1996 | 48.6% | +0.8% |
| 1997 | 45.5% | -6.4% |
| 1998 | 47.8% | +5.1% |
| 1999 | 50.7% | +6.1% |
| 2000 | 47.9% | -5.7% |
| 2001 | 49.9% | +4.2% |
| 2002 | 53.9% | +8.2% |
| 2003 | 57.0% | +5.7% |
| 2004 | 53.0% | -7.0% |
| 2005 | 53.6% | +1.1% |
| 2006 | 52.5% | -2.1% |
| 2007 | 49.9% | -5.0% |
| 2008 | 55.1% | +10.6% |
| 2009 | 65.4% | +18.5% |
| 2010 | 67.8% | +3.8% |
| 2011 | 63.0% | -7.1% |
| 2012 | 68.7% | +9.1% |
| 2013 | 63.0% | -8.4% |
| 2014 | 65.0% | +3.2% |
| 2015 | 67.2% | +3.4% |
| 2016 | 73.4% | +9.2% |
| 2017 | 71.8% | -2.2% |
| 2018 | 71.8% | +0.0% |
| 2019 | 80.6% | +12.3% |
| 2020 | 111.1% | +37.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 43.9% | 38.8% | 46.9% | 4 |
| 1990s | 49.5% | 45.5% | 53.4% | 10 |
| 2000s | 53.8% | 47.9% | 65.4% | 10 |
| 2010s | 69.2% | 63.0% | 80.6% | 10 |
| 2020s | 111.1% | 111.1% | 111.1% | 1 |
Countries ranked near Aruba
- 20 Seychelles 112.5% compare
- 21 Australia 112.1% compare
- 22 Barbados 111.1% compare
- 24 Cape Verde 109.8% compare
- 25 Nepal 109.5% compare
- 26 New Zealand 109.4% compare
More financial sector data for Aruba
- Net domestic credit (current LCU), per capita 37,538 current LCU per person (2023)
- Net domestic credit (current LCU), per unit of GDP 1.08 current LCU per US$ of GDP (2023)
- Net domestic credit (current LCU), annual growth rate 5.89 % change on previous year (2023)
- Gold reserves at 35 SDRs per ounce 3.50 million SDR (2025)
- Gold reserves at market value 318.93 million SDR (2025)
- Reserves excluding gold, foreign exchange 1.31 billion SDR (2025)
- Reserves excluding gold 1.31 billion SDR (2025)
- Total reserves (gold at market value) 1.63 billion SDR (2025)
- Total reserves (gold at national valuation) 1.66 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 15,264 SDR per person (2025)
Frequently asked questions
- What is bank deposits to gdp in Aruba?
- Bank deposits to gdp in Aruba was 111.1% in 2020, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank deposits to gdp recorded in Aruba?
- The highest recorded value was 111.1% in 2020.
- What is the lowest bank deposits to gdp recorded in Aruba?
- The lowest recorded value was 38.8% in 1986.
- How does Aruba rank for bank deposits to gdp?
- Aruba ranks 23rd out of 185 countries with data for 2020.
- Is bank deposits to gdp rising or falling in Aruba?
- Over the last ten years it is up 63.8%. The long-run trend across the full record is rising.
- Where does this Aruba data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Bank deposits to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Demand, time and saving deposits in deposit money banks 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. Bank deposits (IFS lines 24 and 25); 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).