Financial system deposits to GDP in Belgium
Belgium: Financial system deposits to GDP was 120.7% in 2021. ◆ Volatile
Financial system deposits to GDP in Belgium, 1960–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Belgium recorded 120.7% for financial system deposits to gdp in 2021.
The figure is down 4.8% on the previous year and up 23.2% over ten years.
Over the whole period, financial system deposits to gdp in Belgium peaked at 126.8% in 2020 and was at its lowest, 17.1%, in 1960.
Belgium ranks 15th of 185 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Financial system deposits to GDP in Belgium, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 17.1% | — |
| 1961 | 18.8% | +10.4% |
| 1962 | 18.9% | +0.3% |
| 1963 | 20.0% | +5.9% |
| 1964 | 19.6% | -1.9% |
| 1965 | 20.4% | +3.9% |
| 1966 | 21.3% | +4.4% |
| 1967 | 22.9% | +7.9% |
| 1968 | 24.1% | +4.9% |
| 1969 | 31.2% | +29.8% |
| 1970 | 30.4% | -2.7% |
| 1971 | 32.3% | +6.1% |
| 1972 | 34.0% | +5.4% |
| 1973 | 34.7% | +1.9% |
| 1974 | 32.4% | -6.6% |
| 1975 | 34.0% | +5.0% |
| 1976 | 34.3% | +0.7% |
| 1977 | 34.2% | -0.1% |
| 1978 | 34.3% | +0.2% |
| 1979 | 34.5% | +0.4% |
| 1980 | 32.9% | -4.4% |
| 1981 | 33.8% | +2.5% |
| 1982 | 34.0% | +0.9% |
| 1983 | 35.2% | +3.3% |
| 1984 | 34.4% | -2.1% |
| 1985 | 34.5% | +0.2% |
| 1986 | 36.8% | +6.7% |
| 1987 | 39.0% | +6.0% |
| 1988 | 38.7% | -0.8% |
| 1989 | 39.8% | +2.8% |
| 1990 | 39.5% | -0.7% |
| 1991 | 39.9% | +0.9% |
| 1992 | 67.8% | +69.9% |
| 1993 | 72.3% | +6.7% |
| 1994 | 71.0% | -1.8% |
| 1995 | 71.7% | +1.0% |
| 1996 | 77.4% | +7.9% |
| 1997 | 79.1% | +2.2% |
| 2001 | 81.1% | +2.5% |
| 2002 | 82.8% | +2.1% |
| 2003 | 87.4% | +5.5% |
| 2004 | 91.2% | +4.4% |
| 2005 | 94.0% | +3.0% |
| 2006 | 94.8% | +0.9% |
| 2007 | 92.6% | -2.4% |
| 2008 | 93.1% | +0.5% |
| 2009 | 97.2% | +4.5% |
| 2010 | 98.5% | +1.3% |
| 2011 | 97.9% | -0.5% |
| 2012 | 100.4% | +2.5% |
| 2013 | 103.2% | +2.8% |
| 2014 | 106.6% | +3.3% |
| 2015 | 110.1% | +3.3% |
| 2016 | 110.0% | -0.0% |
| 2017 | 109.1% | -0.9% |
| 2018 | 112.0% | +2.6% |
| 2019 | 112.9% | +0.8% |
| 2020 | 126.8% | +12.3% |
| 2021 | 120.7% | -4.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 21.4% | 17.1% | 31.2% | 10 |
| 1970s | 33.5% | 30.4% | 34.7% | 10 |
| 1980s | 35.9% | 32.9% | 39.8% | 10 |
| 1990s | 64.8% | 39.5% | 79.1% | 8 |
| 2000s | 90.5% | 81.1% | 97.2% | 9 |
| 2010s | 106.1% | 97.9% | 112.9% | 10 |
| 2020s | 123.7% | 120.7% | 126.8% | 2 |
Countries ranked near Belgium
More financial sector data for Belgium
- Net domestic credit (current LCU), per capita 64,305 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 1.14 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 1.17 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 255.88 million SDR (2025)
- Gold reserves at market value 23.32 billion SDR (2025)
- Reserves excluding gold, foreign exchange 4.74 billion SDR (2025)
- Reserves excluding gold 17.86 billion SDR (2025)
- Total reserves (gold at market value) 41.18 billion SDR (2025)
- Total reserves (gold at national valuation) 40.88 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 3,423 SDR per person (2025)
Frequently asked questions
- What is financial system deposits to gdp in Belgium?
- Financial system deposits to gdp in Belgium was 120.7% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest financial system deposits to gdp recorded in Belgium?
- The highest recorded value was 126.8% in 2020.
- What is the lowest financial system deposits to gdp recorded in Belgium?
- The lowest recorded value was 17.1% in 1960.
- How does Belgium rank for financial system deposits to gdp?
- Belgium ranks 15th out of 185 countries with data for 2021.
- Is financial system deposits to gdp rising or falling in Belgium?
- Over the last ten years it is up 23.2%. The long-run trend across the full record is volatile.
- Where does this Belgium 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).