Bank deposits to GDP in Guyana
Guyana: Bank deposits to GDP was 36.3% in 2021. ▲ Rising
Bank deposits to GDP in Guyana, 1960–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2021, bank deposits to gdp in Guyana stood at 36.3%.
The figure is down 15.7% on the previous year and down 5.4% over ten years.
Over the whole period, bank deposits to gdp in Guyana peaked at 100.6% in 1986 and was at its lowest, 12.0%, in 1961.
That places Guyana 127th out of 185 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently rising across the 62 years of available data.
Bank deposits to GDP in Guyana, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 13.7% | — |
| 1961 | 12.0% | -12.3% |
| 1962 | 14.3% | +19.3% |
| 1963 | 19.4% | +35.5% |
| 1964 | 20.9% | +7.7% |
| 1965 | 20.4% | -2.5% |
| 1966 | 20.9% | +2.7% |
| 1967 | 23.0% | +10.2% |
| 1968 | 24.0% | +4.1% |
| 1969 | 24.3% | +1.2% |
| 1970 | 24.3% | +0.2% |
| 1971 | 27.2% | +11.9% |
| 1972 | 30.9% | +13.4% |
| 1973 | 34.1% | +10.4% |
| 1974 | 27.4% | -19.5% |
| 1975 | 30.5% | +11.2% |
| 1976 | 34.4% | +12.9% |
| 1977 | 42.6% | +23.7% |
| 1978 | 41.8% | -1.9% |
| 1979 | 44.9% | +7.5% |
| 1980 | 45.6% | +1.5% |
| 1981 | 50.8% | +11.5% |
| 1982 | 70.3% | +38.5% |
| 1983 | 84.0% | +19.5% |
| 1984 | 87.1% | +3.7% |
| 1985 | 91.6% | +5.1% |
| 1986 | 100.6% | +9.8% |
| 1987 | 90.5% | -10.1% |
| 1988 | 100.5% | +11.1% |
| 1989 | 61.0% | -39.3% |
| 1990 | 61.6% | +1.0% |
| 1991 | 42.7% | -30.7% |
| 1992 | 59.5% | +39.2% |
| 1993 | 56.4% | -5.1% |
| 1994 | 50.5% | -10.6% |
| 1995 | 54.4% | +7.8% |
| 1996 | 59.5% | +9.5% |
| 1997 | 61.2% | +2.7% |
| 1998 | 65.8% | +7.6% |
| 1999 | 62.5% | -5.1% |
| 2000 | 65.7% | +5.2% |
| 2001 | 76.4% | +16.4% |
| 2002 | 80.4% | +5.1% |
| 2003 | 83.8% | +4.3% |
| 2004 | 84.9% | +1.3% |
| 2005 | 84.7% | -0.2% |
| 2006 | 34.1% | -59.7% |
| 2007 | 33.1% | -3.0% |
| 2008 | 33.1% | +0.1% |
| 2009 | 34.9% | +5.3% |
| 2010 | 37.1% | +6.3% |
| 2011 | 38.4% | +3.6% |
| 2012 | 39.8% | +3.5% |
| 2013 | 41.2% | +3.7% |
| 2014 | 41.7% | +1.0% |
| 2015 | 41.6% | -0.2% |
| 2016 | 41.5% | -0.2% |
| 2017 | 37.9% | -8.6% |
| 2018 | 39.1% | +3.1% |
| 2019 | 41.3% | +5.6% |
| 2020 | 43.1% | +4.3% |
| 2021 | 36.3% | -15.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 19.3% | 12.0% | 24.3% | 10 |
| 1970s | 33.8% | 24.3% | 44.9% | 10 |
| 1980s | 78.2% | 45.6% | 100.6% | 10 |
| 1990s | 57.4% | 42.7% | 65.8% | 10 |
| 2000s | 61.1% | 33.1% | 84.9% | 10 |
| 2010s | 40.0% | 37.1% | 41.7% | 10 |
| 2020s | 39.7% | 36.3% | 43.1% | 2 |
Countries ranked near Guyana
More financial sector data for Guyana
- Total reserves in months of imports, annual growth rate -34.71 % 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 27.88 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0365 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 1,183 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 27.9 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 1,185 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 27.9 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 1,185 SDR per person (2025)
Frequently asked questions
- What is bank deposits to gdp in Guyana?
- Bank deposits to gdp in Guyana was 36.3% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank deposits to gdp recorded in Guyana?
- The highest recorded value was 100.6% in 1986.
- What is the lowest bank deposits to gdp recorded in Guyana?
- The lowest recorded value was 12.0% in 1961.
- How does Guyana rank for bank deposits to gdp?
- Guyana ranks 127th out of 185 countries with data for 2021.
- Is bank deposits to gdp rising or falling in Guyana?
- Over the last ten years it is down 5.4%. The long-run trend across the full record is rising.
- Where does this Guyana 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).