Bank deposits to GDP (%)

This indicator quantifies the proportion of demand, time, and saving deposits within deposit-taking institutions relative to the national economy, expressed as a percentage of GDP. It employs a specific deflation technique to accurately adjust for inflation, utilizing values such as the end-of-period Consumer Price Index (CPI) and average annual CPI to ensure a nuanced representation of financial stability and development. The methodology aggregates deposits over two consecutive periods, providing a smoother trend analysis of banking activity. By leveraging raw data sourced from the International Monetary Fund's International Financial Statistics, this metric captures the liquidity preferences of households and businesses, reflecting overall economic health and the banking system's role in fostering growth through savings mobilization. Source: