Financial system deposits to GDP in Luxembourg
Luxembourg: Financial system deposits to GDP was 437.1% in 2021. ◆ Volatile
Financial system deposits to GDP in Luxembourg, 1960–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Luxembourg recorded 437.1% for financial system deposits to gdp in 2021.
The figure is up 2.0% on the previous year and up 31.7% over ten years.
Over the whole period, financial system deposits to gdp in Luxembourg peaked at 462.1% in 2008 and was at its lowest, 31.1%, in 1964.
That places Luxembourg 1st out of 185 countries with data for 2021, putting it 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 Luxembourg, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 47.7% | — |
| 1961 | 56.1% | +17.7% |
| 1962 | 60.1% | +7.1% |
| 1963 | 60.8% | +1.1% |
| 1964 | 31.1% | -48.9% |
| 1965 | 34.0% | +9.5% |
| 1966 | 35.1% | +3.2% |
| 1967 | 39.7% | +13.1% |
| 1968 | 40.5% | +2.0% |
| 1969 | 46.2% | +14.0% |
| 1970 | 44.6% | -3.4% |
| 1971 | 52.8% | +18.3% |
| 1972 | 60.5% | +14.6% |
| 1973 | 69.0% | +14.1% |
| 1974 | 75.4% | +9.3% |
| 1975 | 93.9% | +24.6% |
| 1976 | 93.7% | -0.3% |
| 1977 | 99.7% | +6.4% |
| 1978 | 112.6% | +12.9% |
| 1979 | 113.9% | +1.2% |
| 1980 | 122.8% | +7.8% |
| 1981 | 133.0% | +8.4% |
| 1982 | 131.1% | -1.4% |
| 1983 | 132.8% | +1.3% |
| 1984 | 132.3% | -0.3% |
| 1985 | 162.2% | +22.6% |
| 1986 | 172.6% | +6.4% |
| 1987 | 214.1% | +24.1% |
| 1988 | 266.2% | +24.3% |
| 1989 | 259.6% | -2.5% |
| 1990 | 276.7% | +6.6% |
| 1991 | 243.6% | -12.0% |
| 1992 | 297.9% | +22.3% |
| 1994 | 295.9% | -0.7% |
| 1995 | 284.6% | -3.8% |
| 1996 | 311.1% | +9.3% |
| 1997 | 319.7% | +2.8% |
| 2001 | 339.8% | +6.3% |
| 2002 | 339.0% | -0.3% |
| 2003 | 347.4% | +2.5% |
| 2004 | 354.4% | +2.0% |
| 2005 | 401.4% | +13.3% |
| 2006 | 419.1% | +4.4% |
| 2007 | 454.3% | +8.4% |
| 2008 | 462.1% | +1.7% |
| 2009 | 347.2% | -24.9% |
| 2010 | 329.4% | -5.1% |
| 2011 | 331.9% | +0.8% |
| 2012 | 307.4% | -7.4% |
| 2013 | 327.3% | +6.5% |
| 2014 | 359.6% | +9.9% |
| 2015 | 386.9% | +7.6% |
| 2016 | 382.9% | -1.1% |
| 2017 | 388.9% | +1.6% |
| 2018 | 402.7% | +3.5% |
| 2019 | 413.2% | +2.6% |
| 2020 | 428.8% | +3.8% |
| 2021 | 437.1% | +2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 45.1% | 31.1% | 60.8% | 10 |
| 1970s | 81.6% | 44.6% | 113.9% | 10 |
| 1980s | 172.7% | 122.8% | 266.2% | 10 |
| 1990s | 289.9% | 243.6% | 319.7% | 7 |
| 2000s | 385.0% | 339.0% | 462.1% | 9 |
| 2010s | 363.0% | 307.4% | 413.2% | 10 |
| 2020s | 433.0% | 428.8% | 437.1% | 2 |
Countries ranked near Luxembourg
- 2 Hong Kong, China 402.9% compare
- 3 Macau, China 278.9% compare
- 4 Japan 259.6% compare
More financial sector data for Luxembourg
- Net domestic credit (current LCU), per capita 208,660 current LCU per person (2023)
- Net domestic credit (current LCU), per unit of GDP 1.57 current LCU per US$ of GDP (2023)
- Net domestic credit (current LCU), annual growth rate -6.24 % change on previous year (2023)
- Gold reserves at 35 SDRs per ounce 2.52 million SDR (2025)
- Gold reserves at market value 229.63 million SDR (2025)
- Reserves excluding gold, foreign exchange 33.59 million SDR (2025)
- Reserves excluding gold 2.00 billion SDR (2025)
- Total reserves (gold at market value) 2.23 billion SDR (2025)
- Total reserves (gold at national valuation) 2.23 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 3,243 SDR per person (2025)
Frequently asked questions
- What is financial system deposits to gdp in Luxembourg?
- Financial system deposits to gdp in Luxembourg was 437.1% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest financial system deposits to gdp recorded in Luxembourg?
- The highest recorded value was 462.1% in 2008.
- What is the lowest financial system deposits to gdp recorded in Luxembourg?
- The lowest recorded value was 31.1% in 1964.
- How does Luxembourg rank for financial system deposits to gdp?
- Luxembourg ranks 1st out of 185 countries with data for 2021.
- Is financial system deposits to gdp rising or falling in Luxembourg?
- Over the last ten years it is up 31.7%. The long-run trend across the full record is volatile.
- Where does this Luxembourg 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).