Bank deposits to GDP in Canada

Canada: Bank deposits to GDP was 119.0% in 2008. ▼ Falling

Latest (2008)
119.0%
Change on year
up 9.7%
World rank
18th
of 185 countries
All-time high
154.1%
in 2006
All-time low
108.4%
in 2007
Years of data
8
2001–2008

Bank deposits to GDP in Canada, 2001–2008

0501001502001200420082001: 149.5 %2002: 147.1 %2003: 140.6 %2004: 139.4 %2005: 143.9 %2006: 154.1 %2007: 108.4 %2008: 119 %

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

Annual values for Bank deposits to GDP (%) in Canada, 2001 to 2008.
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

  1. 15 Belgium 120.7% compare
  2. 16 San Marino 120.0% compare
  3. 17 Spain 119.7% compare
  4. 19 Portugal 114.6% compare
  5. 20 Seychelles 112.5% compare
  6. 21 Australia 112.1% compare

See the full ranking of 185 places →

More financial sector data for Canada

All data for Canada →

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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Bank deposits to GDP in Canada. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 23 August 2026, from https://financial-sector.statizoid.com/stat/bank-deposits-to-gdp-percent/canada/

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About this data

Indicator
Bank deposits to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
185 places, 8,479 data points, 1960–2021
Last refreshed

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).