Bank deposits to GDP in Mozambique
Mozambique: Bank deposits to GDP was 51.2% in 2021. ◆ Volatile
Bank deposits to GDP in Mozambique, 1988–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2021, bank deposits to gdp in Mozambique stood at 51.2%.
That represents a change of down 5.5% on the previous year and up 70.8% over ten years.
Over the whole period, bank deposits to gdp in Mozambique peaked at 54.2% in 2020 and was at its lowest, 6.5%, in 1990.
Mozambique ranks 106th of 185 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Bank deposits to GDP in Mozambique, year by year
| Year | % | Change |
|---|---|---|
| 1988 | 8.0% | — |
| 1989 | 8.8% | +9.9% |
| 1990 | 6.5% | -25.3% |
| 1991 | 13.0% | +99.4% |
| 1992 | 19.0% | +45.4% |
| 1993 | 19.3% | +1.6% |
| 1994 | 18.0% | -6.8% |
| 1995 | 16.9% | -5.7% |
| 1996 | 12.1% | -28.4% |
| 1997 | 12.4% | +2.4% |
| 1998 | 12.9% | +3.5% |
| 1999 | 13.9% | +7.8% |
| 2000 | 17.8% | +28.3% |
| 2001 | 15.5% | -12.9% |
| 2002 | 18.1% | +17.0% |
| 2003 | 18.6% | +2.6% |
| 2004 | 16.6% | -10.8% |
| 2005 | 18.2% | +9.6% |
| 2006 | 18.8% | +3.4% |
| 2007 | 20.5% | +9.1% |
| 2008 | 23.0% | +12.2% |
| 2009 | 28.5% | +23.7% |
| 2010 | 30.6% | +7.3% |
| 2011 | 30.0% | -2.0% |
| 2012 | 35.6% | +18.9% |
| 2013 | 37.7% | +5.7% |
| 2014 | 42.4% | +12.6% |
| 2015 | 47.3% | +11.5% |
| 2016 | 43.7% | -7.6% |
| 2017 | 41.3% | -5.4% |
| 2018 | 42.5% | +2.8% |
| 2019 | 44.3% | +4.1% |
| 2020 | 54.2% | +22.4% |
| 2021 | 51.2% | -5.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 8.4% | 8.0% | 8.8% | 2 |
| 1990s | 14.4% | 6.5% | 19.3% | 10 |
| 2000s | 19.6% | 15.5% | 28.5% | 10 |
| 2010s | 39.5% | 30.0% | 47.3% | 10 |
| 2020s | 52.7% | 51.2% | 54.2% | 2 |
Countries ranked near Mozambique
More financial sector data for Mozambique
- Total reserves in months of imports, annual growth rate 5.25 % 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 7.21 % change on previous year (2024)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.117 SDR per US$ of GDP (2024)
- Reserves excluding gold, foreign exchange (SDR), per capita 76.88 SDR per person (2024)
- Reserves excluding gold (SDR), annual growth rate 7.04 % change on previous year (2024)
- Reserves excluding gold (SDR), per capita 77.77 SDR per person (2024)
- Total reserves (gold at market value) (SDR), annual growth rate 8.7 % change on previous year (2024)
- Total reserves (gold at market value) (SDR), per capita 85.08 SDR per person (2024)
Frequently asked questions
- What is bank deposits to gdp in Mozambique?
- Bank deposits to gdp in Mozambique was 51.2% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank deposits to gdp recorded in Mozambique?
- The highest recorded value was 54.2% in 2020.
- What is the lowest bank deposits to gdp recorded in Mozambique?
- The lowest recorded value was 6.5% in 1990.
- How does Mozambique rank for bank deposits to gdp?
- Mozambique ranks 106th out of 185 countries with data for 2021.
- Is bank deposits to gdp rising or falling in Mozambique?
- Over the last ten years it is up 70.8%. The long-run trend across the full record is volatile.
- Where does this Mozambique 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).