Financial system deposits to GDP in Australia
Australia: Financial system deposits to GDP was 112.1% in 2021. ▲ Rising
Financial system deposits to GDP in Australia, 1960–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Australia recorded 112.1% for financial system deposits to gdp in 2021.
The figure is down 6.1% on the previous year and up 15.2% over ten years.
Over the whole period, financial system deposits to gdp in Australia peaked at 119.4% in 2020 and was at its lowest, 32.7%, in 1982.
That places Australia 21st out of 185 countries with data for 2021, putting it in the top quarter.
The long-run direction has been consistently rising across the 62 years of available data.
Financial system deposits to GDP in Australia, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 37.8% | — |
| 1961 | 39.5% | +4.5% |
| 1962 | 40.5% | +2.4% |
| 1963 | 41.4% | +2.3% |
| 1964 | 42.5% | +2.5% |
| 1965 | 41.9% | -1.4% |
| 1966 | 42.1% | +0.6% |
| 1967 | 41.5% | -1.5% |
| 1968 | 40.7% | -2.0% |
| 1969 | 39.6% | -2.7% |
| 1970 | 37.2% | -5.9% |
| 1971 | 36.5% | -1.8% |
| 1972 | 40.1% | +9.8% |
| 1973 | 41.3% | +3.0% |
| 1974 | 37.4% | -9.4% |
| 1975 | 38.7% | +3.4% |
| 1976 | 37.0% | -4.4% |
| 1977 | 35.0% | -5.5% |
| 1978 | 35.0% | +0.0% |
| 1979 | 34.0% | -2.7% |
| 1980 | 34.4% | +1.0% |
| 1981 | 33.0% | -4.1% |
| 1982 | 32.7% | -0.8% |
| 1983 | 34.2% | +4.4% |
| 1984 | 33.8% | -1.2% |
| 1985 | 36.1% | +7.0% |
| 1986 | 36.4% | +0.6% |
| 1987 | 37.6% | +3.3% |
| 1988 | 39.3% | +4.6% |
| 1989 | 46.6% | +18.5% |
| 1990 | 49.5% | +6.2% |
| 1991 | 49.5% | +0.0% |
| 1992 | 51.2% | +3.6% |
| 1993 | 51.4% | +0.4% |
| 1994 | 53.5% | +4.0% |
| 1995 | 54.9% | +2.5% |
| 1996 | 57.5% | +4.8% |
| 1997 | 58.4% | +1.6% |
| 1998 | 60.0% | +2.8% |
| 1999 | 63.7% | +6.2% |
| 2000 | 61.2% | -4.0% |
| 2001 | 65.5% | +7.0% |
| 2002 | 64.6% | -1.3% |
| 2003 | 69.0% | +6.7% |
| 2004 | 71.5% | +3.7% |
| 2005 | 72.2% | +0.9% |
| 2006 | 77.2% | +7.0% |
| 2007 | 92.8% | +20.2% |
| 2008 | 97.2% | +4.7% |
| 2009 | 95.5% | -1.7% |
| 2010 | 96.8% | +1.4% |
| 2011 | 97.3% | +0.5% |
| 2012 | 101.0% | +3.8% |
| 2013 | 89.0% | -11.8% |
| 2014 | 91.8% | +3.1% |
| 2015 | 114.3% | +24.5% |
| 2016 | 99.6% | -12.9% |
| 2017 | 98.8% | -0.8% |
| 2018 | 96.9% | -2.0% |
| 2019 | 99.7% | +2.9% |
| 2020 | 119.4% | +19.8% |
| 2021 | 112.1% | -6.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 40.7% | 37.8% | 42.5% | 10 |
| 1970s | 37.2% | 34.0% | 41.3% | 10 |
| 1980s | 36.4% | 32.7% | 46.6% | 10 |
| 1990s | 55.0% | 49.5% | 63.7% | 10 |
| 2000s | 76.7% | 61.2% | 97.2% | 10 |
| 2010s | 98.5% | 89.0% | 114.3% | 10 |
| 2020s | 115.7% | 112.1% | 119.4% | 2 |
Countries ranked near Australia
More financial sector data for Australia
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 8.19 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0183 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 1,189 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 8.62 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 1,642 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 14.51 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 1,921 SDR per person (2025)
- Total reserves (gold at national valuation) (SDR), annual growth rate 14.5 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 1,921 SDR per person (2025)
- Total reserves (gold at national valuation) 53.03 billion SDR (2025)
Frequently asked questions
- What is financial system deposits to gdp in Australia?
- Financial system deposits to gdp in Australia was 112.1% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest financial system deposits to gdp recorded in Australia?
- The highest recorded value was 119.4% in 2020.
- What is the lowest financial system deposits to gdp recorded in Australia?
- The lowest recorded value was 32.7% in 1982.
- How does Australia rank for financial system deposits to gdp?
- Australia ranks 21st out of 185 countries with data for 2021.
- Is financial system deposits to gdp rising or falling in Australia?
- Over the last ten years it is up 15.2%. The long-run trend across the full record is rising.
- Where does this Australia data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Financial system 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 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).