Bank deposits to GDP in Nicaragua
Nicaragua: Bank deposits to GDP was 33.1% in 2021. ▲ Rising
Bank deposits to GDP in Nicaragua, 1963–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Nicaragua recorded 33.1% for bank deposits to gdp in 2021.
Compared with earlier readings it is down 1.7% on the previous year and up 9.4% over ten years.
Over the whole period, bank deposits to gdp in Nicaragua peaked at 47.3% in 1963 and was at its lowest, 6.3%, in 1992.
That places Nicaragua 133rd 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 59 years of available data.
Bank deposits to GDP in Nicaragua, year by year
| Year | % | Change |
|---|---|---|
| 1963 | 47.3% | — |
| 1964 | 44.0% | -7.0% |
| 1965 | 41.7% | -5.1% |
| 1966 | 34.8% | -16.6% |
| 1967 | 26.5% | -23.8% |
| 1968 | 18.2% | -31.3% |
| 1969 | 14.3% | -21.4% |
| 1970 | 12.8% | -10.2% |
| 1971 | 11.6% | -9.8% |
| 1972 | 11.3% | -2.6% |
| 1973 | 12.4% | +10.0% |
| 1974 | 11.3% | -8.8% |
| 1975 | 10.6% | -6.2% |
| 1976 | 12.8% | +20.2% |
| 1977 | 11.1% | -12.9% |
| 1978 | 10.3% | -7.5% |
| 1979 | 15.0% | +46.2% |
| 1980 | 13.9% | -7.4% |
| 1981 | 16.9% | +21.2% |
| 1982 | 17.9% | +6.2% |
| 1983 | 26.1% | +45.7% |
| 1984 | 30.3% | +16.1% |
| 1985 | 28.5% | -6.0% |
| 1986 | 25.0% | -12.1% |
| 1987 | 25.1% | +0.3% |
| 1988 | 33.2% | +32.1% |
| 1989 | 11.5% | -65.4% |
| 1990 | 11.2% | -2.3% |
| 1991 | 6.5% | -42.3% |
| 1992 | 6.3% | -3.1% |
| 1993 | 7.1% | +12.8% |
| 1994 | 11.2% | +58.6% |
| 1995 | 13.2% | +17.4% |
| 1996 | 18.0% | +36.7% |
| 1997 | 24.6% | +36.9% |
| 1998 | 27.7% | +12.7% |
| 1999 | 28.0% | +0.8% |
| 2000 | 26.5% | -5.1% |
| 2001 | 25.7% | -3.3% |
| 2002 | 28.1% | +9.6% |
| 2003 | 29.1% | +3.6% |
| 2004 | 29.6% | +1.5% |
| 2005 | 27.9% | -5.5% |
| 2006 | 26.7% | -4.3% |
| 2007 | 27.2% | +1.9% |
| 2008 | 24.6% | -9.7% |
| 2009 | 28.7% | +16.8% |
| 2010 | 31.7% | +10.3% |
| 2011 | 30.3% | -4.4% |
| 2012 | 31.0% | +2.3% |
| 2013 | 34.0% | +9.8% |
| 2014 | 34.4% | +1.1% |
| 2015 | 36.8% | +7.0% |
| 2016 | 36.7% | -0.2% |
| 2017 | 37.6% | +2.6% |
| 2018 | 30.2% | -19.7% |
| 2019 | 30.9% | +2.4% |
| 2020 | 33.7% | +9.0% |
| 2021 | 33.1% | -1.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 32.4% | 14.3% | 47.3% | 7 |
| 1970s | 11.9% | 10.3% | 15.0% | 10 |
| 1980s | 22.9% | 11.5% | 33.2% | 10 |
| 1990s | 15.4% | 6.3% | 28.0% | 10 |
| 2000s | 27.4% | 24.6% | 29.6% | 10 |
| 2010s | 33.3% | 30.2% | 37.6% | 10 |
| 2020s | 33.4% | 33.1% | 33.7% | 2 |
Countries ranked near Nicaragua
More financial sector data for Nicaragua
- Net domestic credit (current LCU), per capita 27,229 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 9.56 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 16.59 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 0 SDR (2025)
- Gold reserves at market value 0 SDR (2025)
- Reserves excluding gold, foreign exchange 5.77 billion SDR (2025)
- Reserves excluding gold 6.08 billion SDR (2025)
- Total reserves (gold at market value) 6.08 billion SDR (2025)
- Total reserves (gold at national valuation) 6.08 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 867.41 SDR per person (2025)
Frequently asked questions
- What is bank deposits to gdp in Nicaragua?
- Bank deposits to gdp in Nicaragua was 33.1% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank deposits to gdp recorded in Nicaragua?
- The highest recorded value was 47.3% in 1963.
- What is the lowest bank deposits to gdp recorded in Nicaragua?
- The lowest recorded value was 6.3% in 1992.
- How does Nicaragua rank for bank deposits to gdp?
- Nicaragua ranks 133rd out of 185 countries with data for 2021.
- Is bank deposits to gdp rising or falling in Nicaragua?
- Over the last ten years it is up 9.4%. The long-run trend across the full record is rising.
- Where does this Nicaragua 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).