Financial system deposits to GDP in Democratic Republic of the Congo
Democratic Republic of the Congo: Financial system deposits to GDP was 20.9% in 2021. β Volatile
Financial system deposits to GDP in Democratic Republic of the Congo, 2000β2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Democratic Republic of the Congo recorded 20.9% for financial system deposits to gdp in 2021. That is the highest value across all 22 years on record.
Compared with earlier readings it is up 13.8% on the previous year and up 195.8% over ten years.
Over the whole period, financial system deposits to gdp in Democratic Republic of the Congo peaked at 20.9% in 2021 and was at its lowest, 1.2%, in 2001.
That places Democratic Republic of the Congo 164th out of 184 countries with data for 2021, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.2% | 1.2% | 7.2% | 10 |
| 2010s | 9.6% | 7.1% | 12.8% | 10 |
| 2020s | 19.6% | 18.3% | 20.9% | 2 |
Countries ranked near Democratic Republic of the Congo
- 161 Argentina 21.9% compare
- 162 Mauritania 21.9% compare
- 163 Nigeria 21.8% compare
- 165 Madagascar 20.1% compare
- 166 Guinea-Bissau 19.6% compare
- 167 Gabon 18.7% compare
More financial sector data for Democratic Republic of the Congo
- Net domestic credit (current LCU), per capita 224,551 current LCU per person (2023)
- Net domestic credit (current LCU), per unit of GDP 340.12 current LCU per US$ of GDP (2023)
- Net domestic credit (current LCU), annual growth rate 59.44 % change on previous year (2023)
- Gold reserves at 35 SDRs per ounce 0 SDR (2023)
- Gold reserves at market value 0 SDR (2023)
- Reserves excluding gold, foreign exchange 3.15 billion SDR (2023)
- Reserves excluding gold 3.80 billion SDR (2023)
- Total reserves (gold at market value) 3.80 billion SDR (2023)
- Total reserves (gold at national valuation) 3.80 billion SDR (2023)
- Total reserves (gold at national valuation) (SDR), per capita 35.96 SDR per person (2023)
Frequently asked questions
- What is financial system deposits to gdp in Democratic Republic of the Congo?
- Financial system deposits to gdp in Democratic Republic of the Congo was 20.9% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest financial system deposits to gdp recorded in Democratic Republic of the Congo?
- The highest recorded value was 20.9% in 2021.
- What is the lowest financial system deposits to gdp recorded in Democratic Republic of the Congo?
- The lowest recorded value was 1.2% in 2001.
- How does Democratic Republic of the Congo rank for financial system deposits to gdp?
- Democratic Republic of the Congo ranks 164th out of 184 countries with data for 2021.
- Is financial system deposits to gdp rising or falling in Democratic Republic of the Congo?
- Over the last ten years it is up 195.8%. The long-run trend across the full record is volatile.
- Where does this Democratic Republic of the Congo 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 IMFβs 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).