Central bank assets to GDP (%) by country
Claims on domestic real nonfinancial sector by the Central Bank 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 Central Bank claims, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the...
What the numbers show
Central bank assets to GDP (%) is currently reported for 182 countries. The highest value is 89.1% in Japan; the lowest is 0.0% in Mexico.
The median across all reporting countries is 4.5%, and the mean is 9.2%.
Over the past decade 128 countries rose and 54 fell. The largest increase was in Peru (up 24,299,000.0%), and the largest decrease in Mexico (down 100.0%).
Central bank assets to GDP: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Japan | 89.1% | 2021 | up 374.7% | volatile |
| 2 | Eritrea | 88.4% | 2014 | up 32.0% | rising |
| 3 | Lebanon | 58.4% | 2018 | up 76.1% | volatile |
| 4 | Libya | 54.1% | 2021 | up 85.1% | volatile |
| 5 | Italy | 43.0% | 2021 | up 726.4% | volatile |
| 6 | Spain | 37.5% | 2021 | up 1,152.7% | volatile |
| 7 | Bolivia | 35.3% | 2021 | up 335.8% | volatile |
| 8 | Portugal | 34.4% | 2021 | up 3,753.0% | volatile |
| 9 | Trinidad and Tobago | 32.2% | 2021 | up 100.6% | volatile |
| 10 | Algeria | 31.2% | 2021 | up 45,922.7% | volatile |
| 11 | France | 30.4% | 2021 | up 1,339.0% | volatile |
| 12 | Slovenia | 27.6% | 2021 | up 9,803.2% | volatile |
| 13 | Belgium | 25.9% | 2021 | up 2,093.9% | volatile |
| 14 | United States | 24.6% | 2021 | up 128.8% | volatile |
| 15 | Austria | 24.5% | 2021 | up 2,426.3% | volatile |
| 16 | Brazil | 23.4% | 2021 | up 35.7% | volatile |
| 17 | Greece | 22.5% | 2021 | up 195.6% | volatile |
| 18 | Germany | 22.2% | 2021 | up 13,382.8% | volatile |
| 19 | Finland | 21.7% | 2021 | up 10,151.0% | volatile |
| 20 | Venezuela | 20.1% | 2013 | up 2,322.0% | volatile |
| 21 | Liberia | 20.0% | 2020 | up 26.5% | volatile |
| 22 | Syria | 19.8% | 2011 | down 33.8% | flat |
| 23 | Slovak Republic | 19.4% | 2021 | up 23,414.0% | volatile |
| 24 | Central African Republic | 19.2% | 2019 | up 84.8% | volatile |
| 25 | Canada | 18.8% | 2021 | up 436.5% | volatile |
| 26 | South Sudan | 18.6% | 2020 | up 688.1% | volatile |
| 27 | New Zealand | 18.5% | 2021 | up 1,126.0% | volatile |
| 28 | Suriname | 18.4% | 2021 | up 430.1% | volatile |
| 29 | Netherlands | 18.1% | 2021 | up 6,366.5% | volatile |
| 30 | Belize | 18.0% | 2021 | up 167.9% | volatile |
| 31 | Gambia | 17.6% | 2021 | up 221.4% | volatile |
| 32 | Ethiopia | 17.5% | 2008 | up 2.0% | volatile |
| 33 | Guyana | 16.9% | 2021 | up 152.9% | volatile |
| 34 | Argentina | 16.7% | 2017 | up 157.4% | volatile |
| 35 | Australia | 16.3% | 2021 | up 366.9% | volatile |
| 36 | Iraq | 16.1% | 2021 | up 865.5% | volatile |
| 37 | Ireland | 15.4% | 2021 | up 930.6% | volatile |
| 38 | Myanmar | 15.1% | 2020 | down 7.1% | falling |
| 39 | Jamaica | 14.8% | 2021 | up 97.7% | volatile |
| 40 | Mozambique | 14.6% | 2021 | up 1,023.0% | volatile |
| 41 | Burundi | 13.5% | 2021 | up 15.9% | rising |
| 42 | Haiti | 13.4% | 2021 | up 22.9% | volatile |
| 43 | Dominican Republic | 13.4% | 2021 | down 9.2% | volatile |
| 44 | Nigeria | 13.2% | 2021 | up 1,093.1% | volatile |
| 45 | Panama | 13.0% | 2020 | up 10.9% | rising |
| 46 | Maldives | 12.9% | 2021 | up 33.3% | volatile |
| 47 | Egypt | 12.9% | 2021 | down 20.6% | flat |
| 48 | Pakistan | 12.5% | 2021 | up 46.0% | falling |
| 49 | Lithuania | 11.7% | 2021 | up 4,663.9% | volatile |
| 50 | Chad | 11.7% | 2019 | up 172.7% | volatile |
| 51 | Malta | 11.7% | 2021 | up 131.1% | volatile |
| 52 | Sudan | 11.7% | 2021 | up 69.2% | volatile |
| 53 | Nicaragua | 11.2% | 2021 | down 55.5% | volatile |
| 54 | Yemen | 11.2% | 2013 | up 12,936.3% | volatile |
| 55 | Latvia | 10.9% | 2021 | up 414.7% | volatile |
| 56 | Ghana | 10.7% | 2021 | up 62.2% | volatile |
| 57 | Sierra Leone | 10.5% | 2021 | up 253.8% | volatile |
| 58 | Guinea | 9.6% | 2021 | down 56.9% | rising |
| 59 | Equatorial Guinea | 9.5% | 2019 | up 101,902.0% | volatile |
| 60 | Barbados | 8.6% | 2021 | up 44.1% | volatile |
| 61 | Guinea-Bissau | 8.4% | 2021 | up 97.4% | volatile |
| 62 | Philippines | 8.4% | 2021 | up 185.8% | volatile |
| 63 | Sweden | 8.3% | 2021 | up 9,585.3% | volatile |
| 64 | Malawi | 8.2% | 2016 | up 344.1% | volatile |
| 65 | Indonesia | 8.1% | 2021 | up 89.0% | volatile |
| 66 | Congo | 8.1% | 2019 | up 490.9% | volatile |
| 67 | Gabon | 7.7% | 2019 | up 385.4% | volatile |
| 68 | Lao People’s Democratic Republic | 7.3% | 2010 | up 53.5% | volatile |
| 69 | Fiji | 7.3% | 2021 | up 182.9% | volatile |
| 70 | Mauritania | 7.2% | 2019 | down 94.5% | volatile |
| 71 | Comoros | 7.1% | 2021 | up 89.6% | rising |
| 72 | Zambia | 7.0% | 2021 | up 88.1% | volatile |
| 73 | India | 6.8% | 2021 | up 28.3% | falling |
| 74 | Togo | 6.7% | 2021 | up 3.6% | volatile |
| 75 | San Marino | 6.5% | 2020 | up 579.5% | volatile |
| 76 | Hungary | 6.3% | 2021 | up 911.9% | volatile |
| 77 | Guatemala | 6.2% | 2021 | up 13.1% | volatile |
| 78 | Moldova | 6.1% | 2021 | up 167.8% | volatile |
| 79 | Ukraine | 6.0% | 2021 | down 14.0% | volatile |
| 80 | Luxembourg | 5.9% | 2021 | up 214.1% | volatile |
| 81 | Ecuador | 5.8% | 2021 | up 2,376.9% | volatile |
| 82 | Côte d’Ivoire | 5.7% | 2021 | up 49.0% | volatile |
| 83 | Bahamas | 5.7% | 2021 | up 83.1% | rising |
| 84 | Tajikistan | 5.6% | 2021 | up 290.7% | volatile |
| 85 | Uruguay | 5.5% | 2021 | down 38.1% | volatile |
| 86 | Honduras | 5.4% | 2021 | down 22.9% | rising |
| 87 | Israel | 5.4% | 2021 | up 156.0% | volatile |
| 88 | Seychelles | 5.3% | 2021 | down 43.2% | volatile |
| 89 | Tunisia | 4.7% | 2021 | up 3,645.2% | volatile |
| 90 | Madagascar | 4.7% | 2021 | up 110.3% | volatile |
| 91 | Eswatini | 4.5% | 2021 | up 108.0% | volatile |
| 92 | Mali | 4.5% | 2021 | up 162.1% | volatile |
| 93 | Tanzania | 4.4% | 2020 | up 66.7% | volatile |
| 94 | Cameroon | 4.3% | 2018 | up 3,756.0% | volatile |
| 95 | Croatia | 4.3% | 2021 | up 5,044.0% | volatile |
| 96 | Niger | 4.2% | 2021 | up 77.4% | volatile |
| 97 | Senegal | 4.0% | 2021 | up 36.1% | volatile |
| 98 | Sao Tome and Principe | 3.8% | 2020 | down 51.8% | falling |
| 99 | Mongolia | 3.7% | 2021 | up 12.6% | volatile |
| 100 | Benin | 3.6% | 2021 | up 117.2% | volatile |
| 101 | Kosovo | 3.6% | 2021 | up 696.8% | volatile |
| 102 | Albania | 3.6% | 2021 | down 33.1% | volatile |
| 103 | Papua New Guinea | 3.5% | 2020 | up 263.0% | volatile |
| 104 | United Arab Emirates | 3.5% | 2020 | down 65.2% | volatile |
| 105 | Poland | 3.3% | 2021 | up 185,320.0% | volatile |
| 106 | Mauritius | 3.3% | 2021 | up 17.2% | volatile |
| 107 | Angola | 3.2% | 2021 | down 8.9% | volatile |
| 108 | Georgia | 3.0% | 2021 | up 11.0% | volatile |
| 109 | Antigua and Barbuda | 2.9% | 2021 | down 24.7% | falling |
| 110 | El Salvador | 2.9% | 2021 | down 29.4% | volatile |
| 111 | Thailand | 2.8% | 2020 | up 1.3% | volatile |
| 112 | Democratic Republic of the Congo | 2.8% | 2020 | up 10,445.2% | volatile |
| 113 | Armenia | 2.8% | 2021 | up 106.5% | volatile |
| 114 | Zimbabwe | 2.7% | 2021 | down 66.5% | volatile |
| 115 | Oman | 2.7% | 2019 | up 230.2% | volatile |
| 116 | Burkina Faso | 2.7% | 2021 | up 36.9% | volatile |
| 117 | Saint Lucia | 2.7% | 2021 | up 5,730.2% | volatile |
| 118 | Namibia | 2.7% | 2021 | up 9,025.7% | volatile |
| 119 | Cabo Verde | 2.7% | 2021 | down 59.1% | volatile |
| 120 | Colombia | 2.6% | 2021 | up 1,117.8% | volatile |
| 121 | Iran | 2.6% | 2016 | down 41.5% | volatile |
| 122 | Djibouti | 2.6% | 2021 | up 114.2% | flat |
| 123 | Saint Vincent and the Grenadines | 2.6% | 2021 | up 359.3% | volatile |
| 124 | Vanuatu | 2.5% | 2021 | down 5.6% | volatile |
| 125 | Singapore | 2.5% | 2020 | up 7.4% | rising |
| 126 | Türkiye | 2.4% | 2021 | up 218.4% | volatile |
| 127 | Uganda | 2.4% | 2021 | down 76.3% | volatile |
| 128 | Kenya | 2.4% | 2021 | up 58.6% | volatile |
| 129 | Sri Lanka | 2.3% | 2019 | down 5.8% | volatile |
| 130 | North Macedonia | 2.2% | 2021 | up 53.1% | volatile |
| 131 | Nepal | 2.1% | 2021 | down 11.5% | volatile |
| 132 | Dominica | 1.9% | 2021 | up 1,429.0% | volatile |
| 133 | Serbia | 1.8% | 2021 | up 1,627.3% | volatile |
| 134 | Korea | 1.7% | 2021 | up 44.0% | volatile |
| 135 | Jordan | 1.6% | 2021 | down 73.4% | volatile |
| 136 | Kazakhstan | 1.6% | 2021 | up 2,551.9% | volatile |
| 137 | Solomon Islands | 1.6% | 2021 | up 17.4% | volatile |
| 138 | Lesotho | 1.3% | 2021 | down 9.4% | volatile |
| 139 | China (People’s Republic of) | 1.3% | 2021 | down 57.8% | volatile |
| 140 | Bahrain | 1.2% | 2009 | up 173.0% | volatile |
| 141 | Rwanda | 1.2% | 2021 | up 1.8% | volatile |
| 142 | Saint Kitts and Nevis | 1.1% | 2020 | down 5.4% | volatile |
| 143 | Montenegro | 1.1% | 2021 | up 793.5% | volatile |
| 144 | Bangladesh | 1.1% | 2021 | down 77.3% | volatile |
| 145 | Malaysia | 0.8% | 2021 | up 180.6% | volatile |
| 146 | South Africa | 0.8% | 2021 | down 25.6% | volatile |
| 147 | Estonia | 0.7% | 2021 | up 2,315.1% | volatile |
| 148 | Iceland | 0.7% | 2021 | down 93.8% | volatile |
| 149 | Kyrgyzstan | 0.6% | 2021 | down 70.3% | volatile |
| 150 | United Kingdom | 0.5% | 2021 | up 494.7% | volatile |
| 151 | Peru | 0.5% | 2021 | up 24,299,000.0% | volatile |
| 152 | Qatar | 0.4% | 2021 | up 9,622.4% | volatile |
| 153 | Azerbaijan | 0.4% | 2021 | down 90.1% | volatile |
| 154 | Romania | 0.4% | 2021 | up 87,939.7% | volatile |
| 155 | Tonga | 0.4% | 2020 | up 1,044.2% | volatile |
| 156 | Morocco | 0.4% | 2021 | down 55.4% | volatile |
| 157 | Macau (China) | 0.3% | 2000 | up 67.6% | volatile |
| 158 | Grenada | 0.3% | 2015 | up 185.5% | volatile |
| 159 | Switzerland | 0.3% | 2016 | down 47.5% | falling |
| 160 | Belarus | 0.2% | 2021 | down 72.8% | volatile |
| 161 | Timor-Leste | 0.2% | 2021 | down 85.1% | volatile |
| 162 | Russia | 0.2% | 2021 | down 65.2% | volatile |
| 163 | Viet Nam | 0.2% | 2021 | down 90.5% | volatile |
| 164 | Chile | 0.1% | 2021 | down 90.5% | volatile |
| 165 | Samoa | 0.1% | 2021 | down 21.7% | volatile |
| 166 | Afghanistan | 0.1% | 2020 | down 94.0% | volatile |
| 167 | Botswana | 0.1% | 2021 | up 8.7% | volatile |
| 168 | Paraguay | 0.1% | 2021 | down 96.7% | volatile |
| 169 | Cyprus | 0.1% | 2021 | down 41.2% | volatile |
| 170 | Kuwait | 0.1% | 2005 | up 117.3% | volatile |
| 171 | Bulgaria | 0.1% | 2021 | down 38.9% | volatile |
| 172 | Uzbekistan | 0.0% | 2021 | up 221.3% | volatile |
| 173 | Cambodia | 0.0% | 2021 | down 95.9% | volatile |
| 174 | Bhutan | 0.0% | 2020 | down 59.5% | volatile |
| 175 | Palestine | 0.0% | 2021 | down 63.7% | volatile |
| 176 | Norway | 0.0% | 2021 | down 61.4% | volatile |
| 177 | Czechia | 0.0% | 2021 | down 34.8% | volatile |
| 178 | Brunei | 0.0% | 2020 | up 29.7% | volatile |
| 179 | Bosnia and Herzegovina | 0.0% | 2021 | down 69.9% | volatile |
| 180 | Denmark | 0.0% | 2018 | down 99.6% | volatile |
| 181 | Costa Rica | 0.0% | 2021 | down 100.0% | volatile |
| 182 | Mexico | 0.0% | 1997 | down 100.0% | volatile |
About this data
Claims on domestic real nonfinancial sector by the Central Bank 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 Central Bank claims, 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. Central Bank claims (IFS lines 12, a-d); 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).