Nonbank financial institutions’ assets to GDP (%) in Australia
Australia: Nonbank financial institutions’ assets to GDP (%) was 9.9% in 2021. ▼ Falling
Nonbank financial institutions’ assets to GDP in Australia, 2007–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Australia recorded 9.9% for nonbank financial institutions’ assets to gdp in 2021.
That represents a change of down 6.3% on the previous year and up 25.8% over ten years.
Over the whole period, nonbank financial institutions’ assets to gdp in Australia peaked at 13.1% in 2007 and was at its lowest, 6.5%, in 2015.
That places Australia 41st out of 84 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently falling across the 15 years of available data.
Nonbank financial institutions’ assets to GDP (%) in Australia, year by year
| Year | % | Change |
|---|---|---|
| 2007 | 13.1% | — |
| 2008 | 11.9% | -8.6% |
| 2009 | 9.6% | -19.6% |
| 2010 | 8.7% | -8.8% |
| 2011 | 7.8% | -10.4% |
| 2012 | 7.3% | -7.2% |
| 2013 | 6.9% | -5.5% |
| 2014 | 6.6% | -3.2% |
| 2015 | 6.5% | -2.4% |
| 2016 | 6.7% | +3.4% |
| 2017 | 6.9% | +3.3% |
| 2018 | 7.4% | +7.1% |
| 2019 | 9.9% | +33.9% |
| 2020 | 10.5% | +5.9% |
| 2021 | 9.9% | -6.3% |
Australia compared with similar countries
- Australia's 9.9% is below the median for high income countries, which is 16.7%, 59% of the median. (24 countries reporting)
- Australia's 9.9% is below the median for East Asia & Pacific, which is 19.1%, 52% of the median. (14 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.5% | 9.6% | 13.1% | 3 |
| 2010s | 7.5% | 6.5% | 9.9% | 10 |
| 2020s | 10.2% | 9.9% | 10.5% | 2 |
Countries ranked near Australia
More financial sector data for Australia
- Reserve position in the IMF, US dollar, annual growth rate 11.9 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 83.74 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 6.56 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0009 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 61.14 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 11.9 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 83.74 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 6.56 % change on previous year (2025)
Frequently asked questions
- What is nonbank financial institutions’ assets to gdp in Australia?
- Nonbank financial institutions’ assets to gdp in Australia was 9.9% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest nonbank financial institutions’ assets to gdp recorded in Australia?
- The highest recorded value was 13.1% in 2007.
- What is the lowest nonbank financial institutions’ assets to gdp recorded in Australia?
- The lowest recorded value was 6.5% in 2015.
- How does Australia rank for nonbank financial institutions’ assets to gdp?
- Australia ranks 41st out of 84 countries with data for 2021.
- Is nonbank financial institutions’ assets to gdp rising or falling in Australia?
- Over the last ten years it is up 25.8%. The long-run trend across the full record is falling.
- Where does this Australia data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Nonbank financial institutions’ assets to GDP (%). Statizoid updates them automatically from the source API.
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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).