Financial system deposits to GDP in Colombia
Colombia: Financial system deposits to GDP was 31.0% in 2021. ▲ Rising
Financial system deposits to GDP in Colombia, 1960–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2021, financial system deposits to gdp in Colombia stood at 31.0%. That is the highest value across all 60 years on record.
Compared with earlier readings it is up 1.8% on the previous year and up 49.1% over ten years.
Over the whole period, financial system deposits to gdp in Colombia peaked at 31.0% in 2021 and was at its lowest, 13.0%, in 2001.
That places Colombia 138th out of 185 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently rising across the 60 years of available data.
Financial system deposits to GDP in Colombia, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 14.4% | — |
| 1961 | 16.0% | +11.4% |
| 1962 | 17.4% | +8.9% |
| 1963 | 15.6% | -10.5% |
| 1964 | 14.7% | -6.0% |
| 1965 | 15.0% | +2.0% |
| 1966 | 14.2% | -5.2% |
| 1967 | 14.9% | +5.3% |
| 1968 | 15.1% | +1.0% |
| 1969 | 16.1% | +6.6% |
| 1970 | 15.4% | -4.3% |
| 1971 | 14.6% | -5.3% |
| 1972 | 15.2% | +4.8% |
| 1973 | 16.3% | +7.1% |
| 1974 | 18.6% | +13.6% |
| 1975 | 20.1% | +8.0% |
| 1976 | 21.6% | +7.5% |
| 1977 | 21.4% | -0.5% |
| 1978 | 21.1% | -1.5% |
| 1979 | 20.2% | -4.5% |
| 1980 | 23.5% | +16.4% |
| 1981 | 26.6% | +13.3% |
| 1982 | 26.4% | -0.7% |
| 1983 | 27.9% | +5.6% |
| 1984 | 27.1% | -2.7% |
| 1985 | 27.5% | +1.4% |
| 1987 | 22.0% | -19.9% |
| 1988 | 18.6% | -15.7% |
| 1990 | 20.7% | +11.6% |
| 1991 | 21.4% | +3.4% |
| 1992 | 23.4% | +9.3% |
| 1993 | 25.1% | +7.4% |
| 1994 | 28.8% | +14.6% |
| 1995 | 29.6% | +2.8% |
| 1996 | 30.3% | +2.2% |
| 1997 | 31.0% | +2.2% |
| 1998 | 29.9% | -3.5% |
| 1999 | 30.3% | +1.6% |
| 2000 | 22.4% | -26.2% |
| 2001 | 13.0% | -41.9% |
| 2002 | 13.8% | +6.2% |
| 2003 | 13.8% | -0.4% |
| 2004 | 14.9% | +8.2% |
| 2005 | 16.6% | +11.7% |
| 2006 | 17.6% | +5.7% |
| 2007 | 17.5% | -0.3% |
| 2008 | 17.1% | -2.4% |
| 2009 | 18.1% | +6.0% |
| 2010 | 19.8% | +9.4% |
| 2011 | 20.8% | +4.8% |
| 2012 | 22.0% | +5.6% |
| 2013 | 24.2% | +10.1% |
| 2014 | 24.1% | -0.2% |
| 2015 | 25.2% | +4.6% |
| 2016 | 22.9% | -9.4% |
| 2017 | 22.9% | +0.1% |
| 2018 | 22.8% | -0.4% |
| 2019 | 23.2% | +1.7% |
| 2020 | 30.5% | +31.4% |
| 2021 | 31.0% | +1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 15.3% | 14.2% | 17.4% | 10 |
| 1970s | 18.4% | 14.6% | 21.6% | 10 |
| 1980s | 24.9% | 18.6% | 27.9% | 8 |
| 1990s | 27.1% | 20.7% | 31.0% | 10 |
| 2000s | 16.5% | 13.0% | 22.4% | 10 |
| 2010s | 22.8% | 19.8% | 25.2% | 10 |
| 2020s | 30.7% | 30.5% | 31.0% | 2 |
Countries ranked near Colombia
- 135 Solomon Islands 32.9% compare
- 136 Pakistan 32.0% compare
- 137 Kazakhstan 31.0% compare
- 139 Mali 30.6% compare
- 140 Côte d'Ivoire 30.4% compare
- 141 Kyrgyzstan 29.7% compare
More financial sector data for Colombia
- Net domestic credit (current LCU), per capita 18.17 million current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 2,123 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 11.36 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 5.26 million SDR (2025)
- Gold reserves at market value 479.38 million SDR (2025)
- Reserves excluding gold, foreign exchange 44.54 billion SDR (2025)
- Reserves excluding gold 47.57 billion SDR (2025)
- Total reserves (gold at market value) 48.05 billion SDR (2025)
- Total reserves (gold at national valuation) 48.04 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 899.28 SDR per person (2025)
Frequently asked questions
- What is financial system deposits to gdp in Colombia?
- Financial system deposits to gdp in Colombia was 31.0% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest financial system deposits to gdp recorded in Colombia?
- The highest recorded value was 31.0% in 2021.
- What is the lowest financial system deposits to gdp recorded in Colombia?
- The lowest recorded value was 13.0% in 2001.
- How does Colombia rank for financial system deposits to gdp?
- Colombia ranks 138th out of 185 countries with data for 2021.
- Is financial system deposits to gdp rising or falling in Colombia?
- Over the last ten years it is up 49.1%. The long-run trend across the full record is rising.
- Where does this Colombia 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).