Bank deposits to GDP in Russian Federation
Russian Federation: Bank deposits to GDP was 53.9% in 2021. ▲ Rising
Bank deposits to GDP in Russian Federation, 2001–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for bank deposits to gdp in Russian Federation is 53.9%, measured in 2021.
Compared with earlier readings it is down 8.0% on the previous year and up 43.0% over ten years.
Over the whole period, bank deposits to gdp in Russian Federation peaked at 58.6% in 2020 and was at its lowest, 17.1%, in 2001.
Russian Federation ranks 103rd of 185 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 21 years of available data.
Bank deposits to GDP in Russian Federation, year by year
| Year | % | Change |
|---|---|---|
| 2001 | 17.1% | — |
| 2002 | 19.1% | +11.5% |
| 2003 | 19.6% | +2.5% |
| 2004 | 20.3% | +3.9% |
| 2005 | 22.2% | +9.4% |
| 2006 | 25.2% | +13.3% |
| 2007 | 29.3% | +16.3% |
| 2008 | 27.5% | -5.9% |
| 2009 | 35.7% | +29.8% |
| 2010 | 37.4% | +4.6% |
| 2011 | 37.7% | +0.9% |
| 2012 | 37.8% | +0.3% |
| 2013 | 41.3% | +9.3% |
| 2014 | 44.6% | +7.8% |
| 2015 | 52.3% | +17.4% |
| 2016 | 49.8% | -4.8% |
| 2017 | 49.9% | +0.1% |
| 2018 | 49.9% | +0.1% |
| 2019 | 50.2% | +0.5% |
| 2020 | 58.6% | +16.9% |
| 2021 | 53.9% | -8.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 24.0% | 17.1% | 35.7% | 9 |
| 2010s | 45.1% | 37.4% | 52.3% | 10 |
| 2020s | 56.3% | 53.9% | 58.6% | 2 |
Countries ranked near Russian Federation
More financial sector data for Russian Federation
- Net domestic credit (current LCU), per capita 557,650 current LCU per person (2021)
- Net domestic credit (current LCU), per unit of GDP 44.13 current LCU per US$ of GDP (2021)
- Net domestic credit (current LCU), annual growth rate 13.37 % change on previous year (2021)
- Gold reserves at 35 SDRs per ounce 2.62 billion SDR (2024)
- Gold reserves at market value 150.05 billion SDR (2024)
- Reserves excluding gold, foreign exchange 295.25 billion SDR (2024)
- Reserves excluding gold 316.44 billion SDR (2024)
- Total reserves (gold at market value) 466.49 billion SDR (2024)
- Total reserves (gold at national valuation) 466.50 billion SDR (2024)
- Total reserves (gold at national valuation) (SDR), per capita 3,247 SDR per person (2024)
Frequently asked questions
- What is bank deposits to gdp in Russian Federation?
- Bank deposits to gdp in Russian Federation was 53.9% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank deposits to gdp recorded in Russian Federation?
- The highest recorded value was 58.6% in 2020.
- What is the lowest bank deposits to gdp recorded in Russian Federation?
- The lowest recorded value was 17.1% in 2001.
- How does Russian Federation rank for bank deposits to gdp?
- Russian Federation ranks 103rd out of 185 countries with data for 2021.
- Is bank deposits to gdp rising or falling in Russian Federation?
- Over the last ten years it is up 43.0%. The long-run trend across the full record is rising.
- Where does this Russian Federation 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).