Bank deposits to GDP (%) in Venezuela
Venezuela: Bank deposits to GDP (%) was 62.5% in 2014. ▲ Rising
Bank deposits to GDP in Venezuela, 1960–2014
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for bank deposits to gdp in Venezuela is 62.5%, measured in 2014. That is the highest value across all 55 years on record.
That represents a change of up 28.7% on the previous year and up 264.0% over ten years.
Over the whole period, bank deposits to gdp in Venezuela peaked at 62.5% in 2014 and was at its lowest, 13.5%, in 1962.
That places Venezuela 84th out of 185 countries with data for 2014, putting it in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Bank deposits to GDP (%) in Venezuela, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 14.6% | — |
| 1961 | 14.4% | -1.0% |
| 1962 | 13.5% | -6.3% |
| 1963 | 15.0% | +10.7% |
| 1964 | 16.2% | +8.6% |
| 1965 | 16.2% | -0.3% |
| 1966 | 15.7% | -3.2% |
| 1967 | 17.2% | +9.7% |
| 1968 | 17.4% | +1.0% |
| 1969 | 19.0% | +9.8% |
| 1970 | 18.3% | -3.8% |
| 1971 | 19.7% | +7.8% |
| 1972 | 22.3% | +12.9% |
| 1973 | 22.7% | +1.9% |
| 1974 | 19.5% | -14.3% |
| 1975 | 27.7% | +42.3% |
| 1976 | 31.6% | +14.0% |
| 1977 | 34.5% | +9.3% |
| 1978 | 36.8% | +6.6% |
| 1979 | 31.7% | -14.1% |
| 1980 | 30.3% | -4.2% |
| 1981 | 31.1% | +2.7% |
| 1982 | 31.2% | +0.2% |
| 1983 | 40.0% | +28.1% |
| 1984 | 30.1% | -24.7% |
| 1985 | 30.8% | +2.2% |
| 1986 | 36.5% | +18.7% |
| 1987 | 30.7% | -15.8% |
| 1988 | 29.3% | -4.7% |
| 1989 | 24.2% | -17.4% |
| 1990 | 26.8% | +10.9% |
| 1991 | 30.1% | +12.3% |
| 1992 | 25.7% | -14.6% |
| 1993 | 24.5% | -4.9% |
| 1994 | 25.3% | +3.6% |
| 1995 | 21.8% | -14.0% |
| 1996 | 15.0% | -31.1% |
| 1997 | 16.8% | +12.1% |
| 1998 | 16.5% | -2.2% |
| 1999 | 16.1% | -2.0% |
| 2000 | 15.2% | -5.7% |
| 2001 | 15.9% | +4.3% |
| 2002 | 14.1% | -10.8% |
| 2003 | 18.6% | +31.8% |
| 2004 | 17.2% | -7.9% |
| 2005 | 19.0% | +10.7% |
| 2006 | 26.9% | +41.5% |
| 2007 | 27.3% | +1.5% |
| 2008 | 25.2% | -7.6% |
| 2009 | 30.4% | +20.6% |
| 2010 | 27.4% | -9.9% |
| 2011 | 32.0% | +16.9% |
| 2012 | 38.7% | +20.9% |
| 2013 | 48.5% | +25.4% |
| 2014 | 62.5% | +28.7% |
Venezuela compared with similar countries
- Venezuela's 62.5% is above the median for lower middle income countries, which is 33.0%, 1.9× the median. (46 countries reporting)
- Venezuela's 62.5% is below the median for Latin America & Caribbean, which is 62.6%, 100% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 15.9% | 13.5% | 19.0% | 10 |
| 1970s | 26.5% | 18.3% | 36.8% | 10 |
| 1980s | 31.4% | 24.2% | 40.0% | 10 |
| 1990s | 21.9% | 15.0% | 30.1% | 10 |
| 2000s | 21.0% | 14.1% | 30.4% | 10 |
| 2010s | 41.8% | 27.4% | 62.5% | 5 |
Countries ranked near Venezuela
More financial sector data for Venezuela
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0035 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 12.24 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0026 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 8.94 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0035 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 12.24 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is bank deposits to gdp in Venezuela?
- Bank deposits to gdp in Venezuela was 62.5% in 2014, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank deposits to gdp recorded in Venezuela?
- The highest recorded value was 62.5% in 2014.
- What is the lowest bank deposits to gdp recorded in Venezuela?
- The lowest recorded value was 13.5% in 1962.
- How does Venezuela rank for bank deposits to gdp?
- Venezuela ranks 84th out of 185 countries with data for 2014.
- Is bank deposits to gdp rising or falling in Venezuela?
- Over the last ten years it is up 264.0%. The long-run trend across the full record is rising.
- Where does this Venezuela 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.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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).