Financial system deposits to GDP in Dominica
Dominica: Financial system deposits to GDP was 90.1% in 2021. ▲ Rising
Financial system deposits to GDP in Dominica, 1977–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2021, financial system deposits to gdp in Dominica stood at 90.1%.
Compared with earlier readings it is down 5.8% on the previous year and up 12.2% over ten years.
Over the whole period, financial system deposits to gdp in Dominica peaked at 119.6% in 2017 and was at its lowest, 31.6%, in 1978.
That places Dominica 44th out of 185 countries with data for 2021, putting it in the top quarter.
The long-run direction has been consistently rising across the 45 years of available data.
Financial system deposits to GDP in Dominica, year by year
| Year | % | Change |
|---|---|---|
| 1977 | 32.6% | — |
| 1978 | 31.6% | -2.9% |
| 1979 | 47.3% | +49.5% |
| 1980 | 36.6% | -22.6% |
| 1981 | 33.2% | -9.4% |
| 1982 | 37.1% | +11.8% |
| 1983 | 37.3% | +0.5% |
| 1984 | 37.4% | +0.4% |
| 1985 | 36.7% | -1.9% |
| 1986 | 38.5% | +4.9% |
| 1987 | 41.5% | +7.6% |
| 1988 | 40.5% | -2.3% |
| 1989 | 41.7% | +2.9% |
| 1990 | 45.4% | +9.0% |
| 1991 | 47.3% | +4.0% |
| 1992 | 51.2% | +8.3% |
| 1993 | 48.7% | -4.9% |
| 1994 | 48.2% | -1.1% |
| 1995 | 56.0% | +16.1% |
| 1996 | 56.2% | +0.4% |
| 1997 | 57.1% | +1.6% |
| 1998 | 55.3% | -3.1% |
| 1999 | 58.2% | +5.1% |
| 2000 | 55.8% | -4.1% |
| 2001 | 57.8% | +3.7% |
| 2002 | 64.9% | +12.2% |
| 2003 | 68.7% | +5.9% |
| 2004 | 68.4% | -0.5% |
| 2005 | 72.8% | +6.4% |
| 2006 | 75.3% | +3.5% |
| 2007 | 76.9% | +2.1% |
| 2008 | 75.3% | -2.0% |
| 2009 | 77.6% | +3.1% |
| 2010 | 79.3% | +2.2% |
| 2011 | 80.3% | +1.2% |
| 2012 | 92.7% | +15.4% |
| 2013 | 93.5% | +0.9% |
| 2014 | 93.8% | +0.3% |
| 2015 | 93.6% | -0.2% |
| 2016 | 93.0% | -0.6% |
| 2017 | 119.6% | +28.6% |
| 2018 | 113.0% | -5.5% |
| 2019 | 89.9% | -20.4% |
| 2020 | 95.7% | +6.4% |
| 2021 | 90.1% | -5.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 37.2% | 31.6% | 47.3% | 3 |
| 1980s | 38.1% | 33.2% | 41.7% | 10 |
| 1990s | 52.4% | 45.4% | 58.2% | 10 |
| 2000s | 69.4% | 55.8% | 77.6% | 10 |
| 2010s | 94.9% | 79.3% | 119.6% | 10 |
| 2020s | 92.9% | 90.1% | 95.7% | 2 |
Countries ranked near Dominica
More financial sector data for Dominica
- Total reserves in months of imports, annual growth rate 4.59 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0.0001 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 2.92 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1611 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 1,770 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 0.5485 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 1,826 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 0.5485 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 1,826 SDR per person (2025)
Frequently asked questions
- What is financial system deposits to gdp in Dominica?
- Financial system deposits to gdp in Dominica was 90.1% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest financial system deposits to gdp recorded in Dominica?
- The highest recorded value was 119.6% in 2017.
- What is the lowest financial system deposits to gdp recorded in Dominica?
- The lowest recorded value was 31.6% in 1978.
- How does Dominica rank for financial system deposits to gdp?
- Dominica ranks 44th out of 185 countries with data for 2021.
- Is financial system deposits to gdp rising or falling in Dominica?
- Over the last ten years it is up 12.2%. The long-run trend across the full record is rising.
- Where does this Dominica 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).