Bank deposits to GDP in Mexico
Mexico: Bank deposits to GDP was 35.0% in 2021. ▲ Rising
Bank deposits to GDP in Mexico, 1960–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for bank deposits to gdp in Mexico is 35.0%, measured in 2021.
Compared with earlier readings it is down 3.8% on the previous year and up 34.2% over ten years.
Over the whole period, bank deposits to gdp in Mexico peaked at 36.4% in 2020 and was at its lowest, 7.6%, in 1988.
That places Mexico 131st 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 Mexico, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 17.7% | — |
| 1961 | 18.8% | +6.6% |
| 1962 | 20.0% | +6.3% |
| 1963 | 20.8% | +4.1% |
| 1964 | 20.9% | +0.1% |
| 1965 | 21.1% | +1.3% |
| 1966 | 20.8% | -1.5% |
| 1967 | 21.5% | +3.4% |
| 1968 | 21.9% | +1.9% |
| 1969 | 23.7% | +8.3% |
| 1970 | 25.7% | +8.3% |
| 1971 | 26.6% | +3.2% |
| 1972 | 26.8% | +0.7% |
| 1973 | 27.1% | +1.3% |
| 1974 | 25.4% | -6.5% |
| 1975 | 26.4% | +4.0% |
| 1976 | 32.0% | +21.4% |
| 1977 | 24.5% | -23.5% |
| 1978 | 26.6% | +8.5% |
| 1979 | 27.7% | +4.3% |
| 1980 | 25.3% | -8.7% |
| 1981 | 27.9% | +10.2% |
| 1982 | 26.0% | -6.9% |
| 1983 | 23.7% | -8.7% |
| 1984 | 24.3% | +2.4% |
| 1985 | 20.9% | -13.9% |
| 1986 | 22.4% | +7.1% |
| 1987 | 21.7% | -3.1% |
| 1988 | 7.6% | -64.8% |
| 1989 | 13.1% | +71.3% |
| 1990 | 19.0% | +45.5% |
| 1991 | 22.6% | +18.9% |
| 1992 | 23.7% | +4.7% |
| 1993 | 20.0% | -15.4% |
| 1994 | 21.1% | +5.4% |
| 1995 | 21.8% | +3.2% |
| 1996 | 20.6% | -5.6% |
| 1997 | 25.9% | +25.8% |
| 1998 | 24.7% | -4.7% |
| 1999 | 24.2% | -2.1% |
| 2000 | 19.3% | -20.1% |
| 2001 | 20.4% | +5.4% |
| 2002 | 19.9% | -2.3% |
| 2003 | 20.9% | +4.9% |
| 2004 | 20.7% | -1.0% |
| 2005 | 20.9% | +1.3% |
| 2006 | 20.8% | -0.8% |
| 2007 | 22.0% | +5.7% |
| 2008 | 22.3% | +1.5% |
| 2009 | 25.3% | +13.6% |
| 2010 | 26.0% | +2.8% |
| 2011 | 26.1% | +0.2% |
| 2012 | 26.7% | +2.2% |
| 2013 | 28.1% | +5.3% |
| 2014 | 29.1% | +3.7% |
| 2015 | 30.3% | +4.3% |
| 2016 | 31.2% | +2.7% |
| 2017 | 31.9% | +2.3% |
| 2018 | 31.2% | -2.0% |
| 2019 | 32.3% | +3.4% |
| 2020 | 36.4% | +12.7% |
| 2021 | 35.0% | -3.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 20.7% | 17.7% | 23.7% | 10 |
| 1970s | 26.9% | 24.5% | 32.0% | 10 |
| 1980s | 21.3% | 7.6% | 27.9% | 10 |
| 1990s | 22.4% | 19.0% | 25.9% | 10 |
| 2000s | 21.2% | 19.3% | 25.3% | 10 |
| 2010s | 29.3% | 26.0% | 32.3% | 10 |
| 2020s | 35.7% | 35.0% | 36.4% | 2 |
Countries ranked near Mexico
More financial sector data for Mexico
- Net domestic credit (current LCU), per capita 123,543 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 8.89 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 6.76 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 135.18 million SDR (2025)
- Gold reserves at market value 12.32 billion SDR (2025)
- Reserves excluding gold, foreign exchange 160.33 billion SDR (2025)
- Reserves excluding gold 174.74 billion SDR (2025)
- Total reserves (gold at market value) 187.06 billion SDR (2025)
- Total reserves (gold at national valuation) 187.06 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 1,418 SDR per person (2025)
Frequently asked questions
- What is bank deposits to gdp in Mexico?
- Bank deposits to gdp in Mexico was 35.0% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank deposits to gdp recorded in Mexico?
- The highest recorded value was 36.4% in 2020.
- What is the lowest bank deposits to gdp recorded in Mexico?
- The lowest recorded value was 7.6% in 1988.
- How does Mexico rank for bank deposits to gdp?
- Mexico ranks 131st out of 185 countries with data for 2021.
- Is bank deposits to gdp rising or falling in Mexico?
- Over the last ten years it is up 34.2%. The long-run trend across the full record is rising.
- Where does this Mexico 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).