Nonbank financial institutions’ assets to GDP (%) by country
Claims on domestic real nonfinancial sector by 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 other financial institutions' claims, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the...
What the numbers show
Nonbank financial institutions’ assets to GDP (%) is currently reported for 84 countries. The highest value is 198.0% in United States; the lowest is 0.0% in Uruguay.
The median across all reporting countries is 8.5%, and the mean is 19.3%.
Over the past decade 64 countries rose and 17 fell. The largest increase was in Brunei Darussalam (up 8,011.9%), and the largest decrease in Venezuela, Bolivarian Republic of (down 91.5%).
Nonbank financial institutions’ assets to GDP: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | United States | 198.0% | 2020 | up 28.0% | volatile |
| 2 | Japan | 149.5% | 2021 | up 8.5% | falling |
| 3 | Fiji | 90.0% | 2021 | up 61.5% | rising |
| 4 | South Africa | 84.0% | 2020 | down 6.6% | volatile |
| 5 | Canada | 64.1% | 2006 | up 190.3% | volatile |
| 6 | Thailand | 60.0% | 2021 | up 45.1% | rising |
| 7 | Morocco | 59.5% | 2020 | up 54.5% | rising |
| 8 | Sweden | 57.9% | 1999 | up 32.2% | rising |
| 9 | Samoa | 50.7% | 2021 | up 104.4% | rising |
| 10 | Trinidad and Tobago | 44.5% | 2021 | up 1,741.8% | volatile |
| 11 | El Salvador | 42.2% | 2021 | up 65.5% | volatile |
| 12 | Bahrain | 41.3% | 2015 | up 256.1% | volatile |
| 13 | Chile | 38.6% | 2021 | down 6.5% | volatile |
| 14 | Russian Federation | 33.6% | 2020 | up 3,070.1% | volatile |
| 15 | Norway | 29.6% | 2021 | up 18.0% | rising |
| 16 | Philippines | 29.5% | 2021 | up 530.1% | volatile |
| 17 | Namibia | 29.3% | 2021 | up 93.6% | rising |
| 18 | Brunei Darussalam | 28.3% | 2020 | up 8,011.9% | volatile |
| 19 | Brazil | 27.5% | 2020 | up 141.5% | volatile |
| 20 | Maldives | 26.9% | 2021 | up 159.6% | volatile |
| 21 | Colombia | 25.7% | 2014 | up 2,201.2% | volatile |
| 22 | Mexico | 22.9% | 2021 | up 46.1% | volatile |
| 23 | New Zealand | 22.7% | 2020 | up 92.5% | rising |
| 24 | Costa Rica | 20.4% | 2021 | up 146.0% | volatile |
| 25 | Solomon Islands | 15.5% | 2021 | up 110.5% | rising |
| 26 | Bhutan | 13.6% | 2020 | up 94.6% | rising |
| 27 | Bolivia, Plurinational State of | 13.5% | 2019 | down 26.3% | falling |
| 28 | North Macedonia | 13.3% | 2021 | up 221.3% | rising |
| 29 | Romania | 12.9% | 2021 | up 135.1% | rising |
| 30 | Kazakhstan | 12.7% | 2021 | up 8.0% | rising |
| 31 | Papua New Guinea | 12.3% | 2020 | up 109.8% | rising |
| 32 | Guyana | 11.7% | 2021 | up 118.9% | volatile |
| 33 | Belarus | 11.1% | 2021 | up 1,168.0% | volatile |
| 34 | Belize | 10.9% | 2005 | up 187.0% | rising |
| 35 | Zambia | 10.9% | 2020 | up 70.0% | rising |
| 36 | Kosovo (UNSCR 1244) | 10.7% | 2021 | up 360.8% | volatile |
| 36 | Kosovo | 10.7% | 2021 | up 360.8% | volatile |
| 38 | Türkiye | 10.4% | 2021 | up 188.6% | rising |
| 39 | Saudi Arabia | 10.3% | 2017 | down 20.4% | volatile |
| 40 | Dominican Republic | 9.9% | 2021 | up 631.0% | volatile |
| 41 | Australia | 9.9% | 2021 | up 25.8% | falling |
| 42 | Uganda | 9.1% | 2021 | up 415.0% | rising |
| 43 | Iran | 7.9% | 1999 | down 17.0% | rising |
| 44 | Ukraine | 7.8% | 2020 | down 51.8% | falling |
| 45 | Republic of Korea | 7.2% | 2005 | up 3.1% | rising |
| 46 | Seychelles | 6.6% | 2021 | up 61.3% | flat |
| 47 | Albania | 6.5% | 2021 | up 270.8% | rising |
| 48 | Honduras | 6.4% | 2021 | up 673.4% | volatile |
| 49 | Indonesia | 6.2% | 2021 | up 99.6% | rising |
| 50 | Bosnia and Herzegovina | 6.1% | 2021 | down 26.8% | falling |
| 51 | Republic of Moldova | 5.8% | 2021 | up 186.0% | rising |
| 52 | Nigeria | 5.6% | 2021 | — | rising |
| 53 | Jordan | 5.5% | 2000 | down 24.7% | rising |
| 54 | Palestine, State of | 5.5% | 2021 | up 598.6% | rising |
| 55 | Botswana | 5.2% | 2021 | — | rising |
| 56 | Libya | 4.5% | 2004 | down 10.1% | volatile |
| 57 | Tunisia | 4.4% | 2017 | up 66.8% | volatile |
| 58 | Panama | 3.7% | 2021 | up 5.7% | rising |
| 59 | Ethiopia | 3.5% | 2006 | up 7.3% | volatile |
| 60 | Kyrgyzstan | 3.3% | 2021 | up 69.4% | rising |
| 61 | United Arab Emirates | 3.2% | 2020 | — | falling |
| 62 | Singapore | 3.0% | 2020 | up 22.3% | volatile |
| 63 | Ecuador | 3.0% | 2021 | up 26.8% | volatile |
| 64 | Nicaragua | 2.9% | 2021 | up 16.2% | volatile |
| 65 | Georgia | 2.9% | 2021 | up 20.0% | rising |
| 66 | Djibouti | 2.9% | 1996 | up 271.8% | rising |
| 67 | Kuwait | 2.7% | 2018 | down 56.8% | volatile |
| 68 | Malawi | 2.7% | 2007 | up 211.1% | falling |
| 69 | Burundi | 2.5% | 2021 | up 18.5% | volatile |
| 70 | Cambodia | 1.8% | 2021 | up 121.5% | rising |
| 71 | Angola | 1.6% | 2021 | down 8.4% | rising |
| 72 | Azerbaijan | 1.3% | 2021 | up 7.7% | rising |
| 73 | Armenia | 1.3% | 2021 | up 101.5% | rising |
| 74 | Guatemala | 1.2% | 2021 | up 7.4% | rising |
| 75 | Comoros | 0.9% | 2010 | down 47.8% | falling |
| 76 | Zimbabwe | 0.8% | 2002 | up 911.9% | volatile |
| 77 | Bahamas | 0.6% | 2020 | up 103.7% | volatile |
| 78 | Argentina | 0.6% | 2017 | up 17.6% | volatile |
| 79 | Tajikistan | 0.4% | 2021 | down 69.8% | volatile |
| 80 | Algeria | 0.3% | 2021 | up 2.6% | rising |
| 81 | Venezuela, Bolivarian Republic of | 0.2% | 2010 | down 91.5% | volatile |
| 82 | Peru | 0.2% | 2011 | down 51.5% | volatile |
| 83 | Iraq | 0.0% | 1976 | down 55.0% | falling |
| 84 | Uruguay | 0.0% | 2021 | down 46.4% | volatile |
About this data
Claims on domestic real nonfinancial sector by 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 other financial institutions' claims, 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. Nonbank financial institutions assets (IFS lines 42, a-d, h, and s); 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).