Deposit money banks'' assets to GDP in South Africa
South Africa: Deposit money banks'' assets to GDP was 74.3% in 2021. ▲ Rising
Deposit money banks'' assets to GDP in South Africa, 1965–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
South Africa recorded 74.3% for deposit money banks'' assets to gdp in 2021.
That represents a change of down 5.8% on the previous year and up 3.1% over ten years.
Over the whole period, deposit money banks'' assets to gdp in South Africa peaked at 78.8% in 2020 and was at its lowest, 45.8%, in 1980.
South Africa ranks 69th of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 56 years of available data.
Deposit money banks'' assets to GDP in South Africa, year by year
| Year | % | Change |
|---|---|---|
| 1965 | 50.8% | — |
| 1966 | 51.0% | +0.4% |
| 1967 | 49.3% | -3.3% |
| 1968 | 50.7% | +2.7% |
| 1969 | 50.2% | -0.8% |
| 1970 | 50.3% | +0.0% |
| 1971 | 49.9% | -0.7% |
| 1972 | 50.9% | +2.1% |
| 1973 | 51.2% | +0.5% |
| 1974 | 48.8% | -4.7% |
| 1975 | 52.2% | +7.0% |
| 1976 | 51.7% | -1.1% |
| 1977 | 52.6% | +1.7% |
| 1978 | 51.9% | -1.2% |
| 1979 | 50.5% | -2.7% |
| 1980 | 45.8% | -9.4% |
| 1981 | 47.2% | +3.0% |
| 1982 | 48.2% | +2.3% |
| 1983 | 49.4% | +2.3% |
| 1984 | 51.1% | +3.6% |
| 1985 | 52.1% | +1.9% |
| 1986 | 49.7% | -4.5% |
| 1987 | 48.8% | -1.8% |
| 1988 | 51.6% | +5.8% |
| 1989 | 51.9% | +0.5% |
| 1990 | 50.6% | -2.5% |
| 1992 | 53.8% | +6.3% |
| 1993 | 53.3% | -0.9% |
| 1994 | 55.0% | +3.1% |
| 1995 | 56.0% | +1.9% |
| 1996 | 58.1% | +3.8% |
| 1997 | 60.6% | +4.3% |
| 1998 | 65.3% | +7.8% |
| 1999 | 65.2% | -0.2% |
| 2000 | 65.6% | +0.6% |
| 2001 | 71.9% | +9.6% |
| 2002 | 55.8% | -22.5% |
| 2003 | 60.4% | +8.3% |
| 2004 | 62.1% | +2.9% |
| 2005 | 64.8% | +4.2% |
| 2006 | 71.5% | +10.4% |
| 2007 | 76.0% | +6.2% |
| 2008 | 77.5% | +2.0% |
| 2009 | 76.3% | -1.5% |
| 2010 | 73.1% | -4.2% |
| 2011 | 72.1% | -1.4% |
| 2012 | 73.3% | +1.6% |
| 2013 | 71.4% | -2.6% |
| 2014 | 72.6% | +1.8% |
| 2015 | 73.4% | +1.1% |
| 2016 | 73.4% | -0.0% |
| 2017 | 73.2% | -0.2% |
| 2018 | 73.9% | +0.8% |
| 2019 | 75.1% | +1.7% |
| 2020 | 78.8% | +4.9% |
| 2021 | 74.3% | -5.8% |
South Africa compared with similar countries
- South Africa's 74.3% is above the median for upper middle income countries, which is 60.1%, 1.2× the median. (55 countries reporting)
- South Africa's 74.3% is above the median for Sub-Saharan Africa, which is 23.7%, 3.1× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 50.4% | 49.3% | 51.0% | 5 |
| 1970s | 51.0% | 48.8% | 52.6% | 10 |
| 1980s | 49.6% | 45.8% | 52.1% | 10 |
| 1990s | 57.5% | 50.6% | 65.3% | 9 |
| 2000s | 68.2% | 55.8% | 77.5% | 10 |
| 2010s | 73.1% | 71.4% | 75.1% | 10 |
| 2020s | 76.6% | 74.3% | 78.8% | 2 |
Countries ranked near South Africa
- 66 Iran, Islamic Republic of 75.0% compare
- 67 Saint Lucia 74.6% compare
- 68 Belize 74.3% compare
- 70 United States of America 74.2% compare
- 71 Greece 73.1% compare
- 72 Algeria 72.4% compare
More financial sector data for South Africa
- Reserve position in the IMF, US dollar, annual growth rate 5.08 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0021 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 13.81 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0.0607 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0015 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 10.08 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.08 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0021 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 13.81 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0.0607 % change on previous year (2025)
Frequently asked questions
- What is deposit money banks'' assets to gdp in South Africa?
- Deposit money banks'' assets to gdp in South Africa was 74.3% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest deposit money banks'' assets to gdp recorded in South Africa?
- The highest recorded value was 78.8% in 2020.
- What is the lowest deposit money banks'' assets to gdp recorded in South Africa?
- The lowest recorded value was 45.8% in 1980.
- How does South Africa rank for deposit money banks'' assets to gdp?
- South Africa ranks 69th out of 187 countries with data for 2021.
- Is deposit money banks'' assets to gdp rising or falling in South Africa?
- Over the last ten years it is up 3.1%. The long-run trend across the full record is rising.
- Where does this South Africa data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Deposit money banks'' assets to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Claims on domestic real nonfinancial sector by 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 deposit money 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. Deposit money bank assets (IFS lines 22, 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).