Bank deposits to GDP in Liberia
Liberia: Bank deposits to GDP was 17.9% in 2020. ▲ Rising
Bank deposits to GDP in Liberia, 2000–2020
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2020, bank deposits to gdp in Liberia stood at 17.9%.
Compared with earlier readings it is up 4.2% on the previous year and down 3.9% over ten years.
Over the whole period, bank deposits to gdp in Liberia peaked at 21.7% in 2011 and was at its lowest, 2.9%, in 2001.
Liberia ranks 171st of 185 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Bank deposits to GDP in Liberia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 3.7% | — |
| 2001 | 2.9% | -20.6% |
| 2002 | 3.2% | +9.7% |
| 2003 | 4.3% | +36.1% |
| 2004 | 6.0% | +37.4% |
| 2005 | 7.8% | +30.6% |
| 2006 | 9.2% | +17.9% |
| 2007 | 10.5% | +14.7% |
| 2008 | 12.6% | +19.3% |
| 2009 | 16.7% | +32.7% |
| 2010 | 18.6% | +11.9% |
| 2011 | 21.7% | +16.3% |
| 2012 | 18.8% | -13.4% |
| 2013 | 20.3% | +7.9% |
| 2014 | 17.9% | -11.4% |
| 2015 | 19.5% | +8.9% |
| 2016 | 18.2% | -6.6% |
| 2017 | 16.4% | -10.0% |
| 2018 | 17.5% | +6.7% |
| 2019 | 17.2% | -1.9% |
| 2020 | 17.9% | +4.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.7% | 2.9% | 16.7% | 10 |
| 2010s | 18.6% | 16.4% | 21.7% | 10 |
| 2020s | 17.9% | 17.9% | 17.9% | 1 |
Countries ranked near Liberia
More financial sector data for Liberia
- Total reserves in months of imports, annual growth rate -2.04 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Total reserves in months of imports, per capita 0 units per person (2024)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -47.21 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0025 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 2.32 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate -12.26 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 43.17 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate -12.26 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 43.17 SDR per person (2025)
Frequently asked questions
- What is bank deposits to gdp in Liberia?
- Bank deposits to gdp in Liberia was 17.9% in 2020, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank deposits to gdp recorded in Liberia?
- The highest recorded value was 21.7% in 2011.
- What is the lowest bank deposits to gdp recorded in Liberia?
- The lowest recorded value was 2.9% in 2001.
- How does Liberia rank for bank deposits to gdp?
- Liberia ranks 171st out of 185 countries with data for 2020.
- Is bank deposits to gdp rising or falling in Liberia?
- Over the last ten years it is down 3.9%. The long-run trend across the full record is rising.
- Where does this Liberia 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).