Financial system deposits to GDP (%) by country
Demand, time and saving deposits in deposit money banks and other financial institutions 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...
Countries reporting
180
Highest
402.9%
Hong Kong
Lowest
7.1%
Tajikistan
Median
57.1%
Years covered
62
1960–2021
Data points
8,581
What the numbers show
Financial system deposits to GDP (%) is currently reported for 180 countries. The highest value is 402.9% in Hong Kong; the lowest is 7.1% in Tajikistan.
The median across all reporting countries is 57.1%, and the mean is 65.7%.
The gap between the highest and lowest reporting country is a factor of about 57.
Over the past decade 153 countries rose and 27 fell. The largest increase was in Cambodia (up 312.8%), and the largest decrease in Mauritania (down 86.1%).
Financial system deposits to GDP: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 2 | Hong Kong | 402.9% | 2021 | up 27.8% | rising |
| 3 | Macao | 278.9% | 2021 | up 182.6% | rising |
| 4 | Japan | 259.6% | 2021 | up 24.5% | rising |
| 5 | Lebanon | 250.4% | 2017 | up 7.7% | rising |
| 6 | Switzerland | 167.4% | 2016 | up 36.7% | rising |
| 7 | Cyprus | 166.7% | 2007 | up 23.0% | rising |
| 8 | South Korea | 160.4% | 2021 | up 141.2% | volatile |
| 9 | Singapore | 144.2% | 2020 | up 21.0% | rising |
| 10 | Mauritius | 143.5% | 2021 | up 59.7% | volatile |
| 12 | Thailand | 135.6% | 2021 | up 40.1% | volatile |
| 13 | Cambodia | 130.6% | 2021 | up 312.8% | volatile |
| 14 | Malaysia | 122.6% | 2021 | down 1.6% | rising |
| 15 | Belgium | 120.7% | 2021 | up 23.2% | volatile |
| 16 | San Marino | 120.0% | 2020 | up 15.0% | falling |
| 17 | Spain | 119.7% | 2021 | up 28.6% | rising |
| 18 | Canada | 119.0% | 2008 | up 66.7% | rising |
| 19 | Portugal | 114.6% | 2021 | up 33.3% | rising |
| 20 | Seychelles | 112.5% | 2021 | up 103.5% | rising |
| 21 | Australia | 112.1% | 2021 | up 15.2% | rising |
| 22 | Barbados | 111.1% | 2019 | down 4.0% | rising |
| 23 | Aruba | 111.1% | 2020 | up 63.8% | rising |
| 24 | Cape Verde | 109.8% | 2021 | up 50.8% | volatile |
| 25 | Nepal | 109.5% | 2021 | up 95.4% | volatile |
| 26 | New Zealand | 109.4% | 2021 | up 19.3% | volatile |
| 27 | France | 106.7% | 2021 | up 40.1% | rising |
| 28 | Saint Kitts and Nevis | 105.8% | 2021 | down 4.5% | rising |
| 29 | United Arab Emirates | 105.0% | 2020 | up 49.4% | volatile |
| 30 | Netherlands | 104.3% | 2021 | up 7.3% | rising |
| 31 | Italy | 103.0% | 2021 | up 47.2% | rising |
| 32 | United States | 101.2% | 2020 | up 28.7% | rising |
| 33 | Greece | 99.4% | 2021 | up 14.6% | volatile |
| 34 | Israel | 99.3% | 2021 | up 12.6% | rising |
| 35 | Jordan | 98.8% | 2021 | up 0.8% | rising |
| 36 | Austria | 98.2% | 2021 | up 26.7% | rising |
| 37 | Belize | 98.2% | 2021 | up 41.3% | rising |
| 38 | Antigua and Barbuda | 95.1% | 2021 | down 0.4% | rising |
| 39 | Morocco | 95.0% | 2021 | up 8.2% | volatile |
| 40 | Germany | 95.0% | 2021 | up 26.4% | rising |
| 41 | Bhutan | 94.1% | 2020 | up 43.7% | rising |
| 42 | Fiji | 92.9% | 2021 | up 59.5% | rising |
| 43 | Qatar | 91.2% | 2021 | up 83.7% | rising |
| 44 | Dominica | 90.1% | 2021 | up 12.2% | rising |
| 45 | Grenada | 89.0% | 2021 | down 5.0% | rising |
| 46 | Kuwait | 88.3% | 2018 | up 64.8% | rising |
| 47 | Sweden | 87.4% | 2021 | up 49.0% | rising |
| 48 | Brunei | 86.4% | 2020 | up 37.5% | rising |
| 49 | Palestine | 85.8% | 2021 | up 51.4% | rising |
| 50 | Vanuatu | 85.4% | 2021 | up 12.3% | flat |
| 51 | Iran | 85.3% | 2016 | up 91.2% | rising |
| 52 | Bahamas | 81.9% | 2020 | up 38.3% | rising |
| 53 | Bahrain | 81.5% | 2015 | up 49.7% | rising |
| 54 | Egypt | 80.8% | 2021 | up 35.0% | rising |
| 55 | Czechia | 80.4% | 2021 | up 33.2% | rising |
| 56 | Bolivia | 77.9% | 2021 | up 74.5% | volatile |
| 57 | Philippines | 77.7% | 2021 | up 55.1% | volatile |
| 58 | Finland | 77.3% | 2021 | up 21.9% | rising |
| 59 | Croatia | 77.2% | 2021 | up 8.5% | rising |
| 60 | Trinidad and Tobago | 76.9% | 2021 | up 69.6% | rising |
| 61 | Bulgaria | 76.5% | 2021 | up 29.0% | rising |
| 62 | Suriname | 75.8% | 2021 | up 91.6% | volatile |
| 63 | Estonia | 74.5% | 2021 | up 41.2% | rising |
| 65 | Djibouti | 72.5% | 2021 | up 41.0% | rising |
| 66 | India | 72.1% | 2021 | up 4.5% | volatile |
| 67 | Saint Lucia | 71.6% | 2021 | up 4.8% | rising |
| 68 | Brazil | 71.4% | 2021 | up 42.3% | volatile |
| 69 | Iceland | 70.2% | 2021 | down 17.0% | rising |
| 70 | Namibia | 70.1% | 2021 | up 10.8% | rising |
| 71 | Micronesia (country) | 69.9% | 2020 | up 82.2% | rising |
| 72 | Norway | 69.3% | 2021 | up 24.9% | rising |
| 73 | Saint Vincent and the Grenadines | 69.1% | 2021 | up 9.8% | rising |
| 74 | Bosnia and Herzegovina | 68.8% | 2021 | up 49.8% | volatile |
| 75 | Jamaica | 68.7% | 2021 | up 79.0% | rising |
| 76 | Turkey | 68.6% | 2021 | up 47.9% | rising |
| 77 | Maldives | 65.4% | 2021 | up 54.5% | rising |
| 78 | Slovenia | 65.2% | 2021 | up 25.1% | rising |
| 79 | Honduras | 64.5% | 2021 | up 41.0% | volatile |
| 80 | Albania | 64.3% | 2021 | down 4.4% | rising |
| 81 | Slovakia | 62.7% | 2021 | up 41.5% | flat |
| 82 | Mongolia | 62.6% | 2021 | up 41.2% | volatile |
| 83 | Chile | 62.6% | 2021 | up 45.6% | volatile |
| 84 | Venezuela | 62.5% | 2014 | up 255.4% | rising |
| 85 | Poland | 62.2% | 2021 | up 26.3% | rising |
| 86 | South Africa | 60.4% | 2021 | up 8.2% | rising |
| 87 | Denmark | 60.0% | 2021 | up 18.9% | rising |
| 88 | Sri Lanka | 59.7% | 2019 | up 77.7% | rising |
| 89 | Lithuania | 59.4% | 2021 | up 59.4% | rising |
| 90 | Samoa | 59.2% | 2021 | up 60.5% | rising |
| 91 | North Macedonia | 58.4% | 2021 | up 22.9% | rising |
| 92 | El Salvador | 57.6% | 2021 | up 22.1% | rising |
| 93 | Panama | 57.4% | 2021 | down 21.5% | volatile |
| 94 | Hungary | 56.8% | 2021 | up 14.7% | rising |
| 95 | Montenegro | 56.7% | 2021 | up 22.5% | rising |
| 96 | Oman | 56.2% | 2019 | up 44.0% | rising |
| 97 | East Timor | 55.8% | 2021 | up 82.6% | rising |
| 98 | Uruguay | 54.9% | 2021 | up 39.8% | rising |
| 99 | Serbia | 54.7% | 2021 | up 44.3% | rising |
| 100 | Tonga | 54.3% | 2020 | up 36.0% | rising |
| 101 | Russia | 53.9% | 2021 | up 43.0% | rising |
| 102 | Algeria | 51.5% | 2021 | up 19.6% | rising |
| 103 | Tunisia | 51.4% | 2021 | down 6.6% | rising |
| 104 | Mozambique | 51.2% | 2021 | up 70.8% | volatile |
| 105 | Myanmar | 50.9% | 2020 | up 270.9% | volatile |
| 106 | Latvia | 50.7% | 2021 | up 29.3% | rising |
| 107 | Georgia | 50.3% | 2021 | up 126.5% | volatile |
| 108 | Guatemala | 50.1% | 2021 | up 30.1% | volatile |
| 109 | China | 48.7% | 2021 | down 0.7% | rising |
| 110 | Ecuador | 48.3% | 2021 | up 76.7% | volatile |
| 111 | Botswana | 47.0% | 2021 | up 14.5% | rising |
| 112 | Gambia | 45.5% | 2021 | up 52.6% | volatile |
| 113 | Armenia | 44.8% | 2021 | up 119.5% | volatile |
| 114 | Peru | 44.1% | 2021 | up 45.6% | rising |
| 115 | Indonesia | 41.2% | 2021 | up 26.6% | rising |
| 116 | Costa Rica | 41.1% | 2021 | up 68.6% | rising |
| 117 | Bangladesh | 41.1% | 2021 | down 13.0% | volatile |
| 118 | Burkina Faso | 40.6% | 2021 | up 88.9% | volatile |
| 119 | Togo | 40.6% | 2021 | up 18.8% | rising |
| 120 | Romania | 39.6% | 2021 | up 22.0% | rising |
| 121 | Saudi Arabia | 38.7% | 2017 | up 93.6% | volatile |
| 122 | Burundi | 38.4% | 2020 | up 74.8% | volatile |
| 123 | Syria | 37.4% | 2011 | down 16.5% | volatile |
| 124 | Moldova | 36.4% | 2021 | up 19.0% | rising |
| 125 | Guyana | 36.3% | 2021 | down 5.4% | rising |
| 126 | Lesotho | 36.2% | 2021 | up 13.9% | rising |
| 127 | Paraguay | 36.1% | 2021 | up 87.7% | rising |
| 128 | Kenya | 35.9% | 2021 | up 9.0% | rising |
| 129 | Mexico | 35.0% | 2021 | up 34.2% | rising |
| 130 | Senegal | 34.9% | 2021 | up 38.7% | volatile |
| 131 | Nicaragua | 33.1% | 2021 | up 9.4% | rising |
| 132 | Libya | 32.9% | 2021 | down 67.2% | volatile |
| 133 | Solomon Islands | 32.9% | 2021 | up 28.1% | rising |
| 134 | Pakistan | 32.0% | 2021 | up 11.0% | rising |
| 135 | Kazakhstan | 31.0% | 2021 | up 12.1% | rising |
| 136 | Colombia | 31.0% | 2021 | up 49.1% | rising |
| 137 | Mali | 30.6% | 2021 | up 75.1% | volatile |
| 138 | Cote d'Ivoire | 30.4% | 2021 | up 74.7% | rising |
| 139 | Kyrgyzstan | 29.7% | 2021 | up 163.1% | volatile |
| 140 | Laos | 29.4% | 2010 | up 83.8% | rising |
| 141 | Dominican Republic | 29.3% | 2021 | up 41.8% | rising |
| 142 | Sao Tome and Principe | 29.0% | 2020 | down 12.1% | falling |
| 143 | Eswatini | 28.0% | 2021 | up 21.4% | falling |
| 144 | Ethiopia | 27.4% | 2008 | down 0.2% | volatile |
| 145 | Ukraine | 27.3% | 2021 | down 27.4% | rising |
| 146 | Papua New Guinea | 27.0% | 2020 | down 12.6% | rising |
| 147 | Belarus | 26.9% | 2021 | down 16.1% | rising |
| 148 | Comoros | 26.6% | 2021 | up 75.1% | volatile |
| 149 | Azerbaijan | 25.5% | 2021 | up 98.7% | volatile |
| 150 | Yemen | 24.8% | 2013 | up 16.0% | rising |
| 151 | Benin | 24.8% | 2021 | up 25.9% | volatile |
| 152 | Rwanda | 24.8% | 2021 | up 66.2% | rising |
| 153 | Haiti | 24.2% | 2021 | up 8.7% | volatile |
| 154 | Ghana | 23.9% | 2021 | down 10.8% | volatile |
| 155 | Sierra Leone | 23.7% | 2021 | up 48.8% | rising |
| 156 | Vietnam | 23.3% | 2021 | up 105.9% | rising |
| 157 | Zambia | 23.2% | 2021 | up 39.0% | rising |
| 158 | Iraq | 22.6% | 2021 | up 7.5% | rising |
| 159 | Angola | 22.6% | 2021 | down 28.0% | rising |
| 160 | Argentina | 21.9% | 2017 | up 7.0% | rising |
| 161 | Mauritania | 21.9% | 2019 | down 86.1% | volatile |
| 162 | Nigeria | 21.8% | 2021 | up 23.2% | rising |
| 163 | Democratic Republic of Congo | 20.9% | 2021 | up 195.8% | volatile |
| 164 | Madagascar | 20.1% | 2021 | up 33.3% | rising |
| 165 | Guinea-Bissau | 19.6% | 2021 | up 9.9% | rising |
| 166 | Gabon | 18.7% | 2019 | up 18.4% | rising |
| 167 | Uganda | 18.6% | 2021 | up 31.6% | rising |
| 168 | Guinea | 18.0% | 2021 | up 1.8% | volatile |
| 169 | Liberia | 17.9% | 2020 | down 3.9% | rising |
| 170 | Afghanistan | 17.6% | 2020 | down 7.8% | volatile |
| 171 | Cameroon | 16.8% | 2019 | up 18.4% | rising |
| 172 | Zimbabwe | 15.9% | 2021 | down 21.7% | volatile |
| 173 | Congo | 15.8% | 2019 | up 16.3% | rising |
| 174 | South Sudan | 15.8% | 2020 | up 239.7% | rising |
| 175 | Tanzania | 15.5% | 2020 | down 23.3% | rising |
| 176 | Sudan | 15.2% | 2021 | up 15.8% | rising |
| 177 | Uzbekistan | 15.1% | 2021 | up 14.1% | rising |
| 178 | Central African Republic | 13.9% | 2019 | up 71.2% | rising |
| 179 | Malawi | 13.5% | 2016 | up 56.9% | falling |
| 180 | Niger | 13.3% | 2021 | up 60.2% | volatile |
| 181 | Chad | 10.1% | 2019 | up 127.1% | rising |
| 182 | Equatorial Guinea | 9.7% | 2019 | up 20.9% | rising |
| 183 | Tajikistan | 7.1% | 2021 | down 33.5% | rising |
Regions and income groups
Aggregates are excluded from the country ranking above so that a region can never outrank a country.
- Kosovo 55.5%
About this data
Demand, time and saving deposits in deposit money banks and other financial institutions 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. Financial system deposits (IFS lines 24, 25, 44, and 45); 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).