Bank deposits to GDP in Canada
Canada: Bank deposits to GDP was 119.0% in 2008. ▼ Falling
Bank deposits to GDP in Canada, 2001–2008
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for bank deposits to gdp in Canada is 119.0%, measured in 2008.
That represents a change of up 9.7% on the previous year and down 20.5% over ten years.
Canada ranks 18th of 185 countries on this measure, in the top 10%.
Bank deposits to GDP in Canada, year by year
| Year | % | Change |
|---|---|---|
| 2001 | 149.5% | — |
| 2002 | 147.1% | -1.6% |
| 2003 | 140.6% | -4.4% |
| 2004 | 139.4% | -0.9% |
| 2005 | 143.9% | +3.2% |
| 2006 | 154.1% | +7.1% |
| 2007 | 108.4% | -29.7% |
| 2008 | 119.0% | +9.7% |
Countries ranked near Canada
More financial sector data for Canada
- Total reserves in months of imports, annual growth rate 3.66 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -0.1913 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.031 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 1,725 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate -0.1235 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 2,202 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate -0.1235 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 2,202 SDR per person (2025)
Frequently asked questions
- What is bank deposits to gdp in Canada?
- Bank deposits to gdp in Canada was 119.0% in 2008, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank deposits to gdp recorded in Canada?
- The highest recorded value was 154.1% in 2006.
- What is the lowest bank deposits to gdp recorded in Canada?
- The lowest recorded value was 108.4% in 2007.
- How does Canada rank for bank deposits to gdp?
- Canada ranks 18th out of 185 countries with data for 2008.
- Is bank deposits to gdp rising or falling in Canada?
- Over the last ten years it is down 20.5%. The long-run trend across the full record is falling.
- Where does this Canada 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).