Bank deposits to GDP in Congo, Democratic Republic of the
Congo, Democratic Republic of the: Bank deposits to GDP was 20.9% in 2021. ◆ Volatile
Bank deposits to GDP in Congo, Democratic Republic of the, 2000–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Congo, Democratic Republic of the recorded 20.9% for bank deposits to gdp in 2021. That is the highest value across all 22 years on record.
The figure is up 13.8% on the previous year and up 195.8% over ten years.
Over the whole period, bank deposits to gdp in Congo, Democratic Republic of the peaked at 20.9% in 2021 and was at its lowest, 1.2%, in 2001.
That places Congo, Democratic Republic of the 165th out of 185 countries with data for 2021, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Bank deposits to GDP in Congo, Democratic Republic of the, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 2.1% | — |
| 2001 | 1.2% | -41.0% |
| 2002 | 1.3% | +4.5% |
| 2003 | 1.6% | +22.7% |
| 2004 | 2.5% | +58.7% |
| 2005 | 2.5% | -1.6% |
| 2006 | 3.3% | +35.5% |
| 2007 | 4.6% | +38.6% |
| 2008 | 6.1% | +32.3% |
| 2009 | 7.2% | +18.5% |
| 2010 | 7.4% | +2.2% |
| 2011 | 7.1% | -4.6% |
| 2012 | 8.1% | +14.5% |
| 2013 | 9.1% | +13.1% |
| 2014 | 9.6% | +5.5% |
| 2015 | 10.1% | +4.6% |
| 2016 | 11.1% | +10.5% |
| 2017 | 10.2% | -8.2% |
| 2018 | 10.5% | +2.5% |
| 2019 | 12.8% | +22.0% |
| 2020 | 18.3% | +43.4% |
| 2021 | 20.9% | +13.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.2% | 1.2% | 7.2% | 10 |
| 2010s | 9.6% | 7.1% | 12.8% | 10 |
| 2020s | 19.6% | 18.3% | 20.9% | 2 |
Countries ranked near Congo, Democratic Republic of the
- 162 Mauritania 21.9% compare
- 163 Argentina 21.8% compare
- 164 Nigeria 21.8% compare
- 166 Madagascar 20.1% compare
- 167 Guinea-Bissau 19.6% compare
- 168 Gabon 18.7% compare
More financial sector data for Congo, Democratic Republic of the
- Total reserves in months of imports, annual growth rate 10.35 % change on previous year (2023)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2023)
- Total reserves in months of imports, per capita 0 units per person (2023)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 20.93 % change on previous year (2023)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0451 SDR per US$ of GDP (2023)
- Reserves excluding gold, foreign exchange (SDR), per capita 29.8 SDR per person (2023)
- Reserves excluding gold (SDR), annual growth rate 15.64 % change on previous year (2023)
- Reserves excluding gold (SDR), per capita 35.96 SDR per person (2023)
- Total reserves (gold at market value) (SDR), annual growth rate 15.64 % change on previous year (2023)
- Total reserves (gold at market value) (SDR), per capita 35.96 SDR per person (2023)
Frequently asked questions
- What is bank deposits to gdp in Congo, Democratic Republic of the?
- Bank deposits to gdp in Congo, Democratic Republic of the was 20.9% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank deposits to gdp recorded in Congo, Democratic Republic of the?
- The highest recorded value was 20.9% in 2021.
- What is the lowest bank deposits to gdp recorded in Congo, Democratic Republic of the?
- The lowest recorded value was 1.2% in 2001.
- How does Congo, Democratic Republic of the rank for bank deposits to gdp?
- Congo, Democratic Republic of the ranks 165th out of 185 countries with data for 2021.
- Is bank deposits to gdp rising or falling in Congo, Democratic Republic of the?
- Over the last ten years it is up 195.8%. The long-run trend across the full record is volatile.
- Where does this Congo, Democratic Republic of the 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).