Observation:
2021: 21.83342 (+ more) Updated: May 7, 2024 3:33 PM CDT2021: | 21.83342 | |
2020: | 20.83610 | |
2019: | 16.46409 | |
2018: | 16.40908 | |
2017: | 16.50930 | |
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Units:
Percent,Frequency:
AnnualData in this graph are copyrighted. Please review the copyright information in the series notes before sharing.
Source: World Bank
Release: Global Financial Development
Units: Percent, Not Seasonally Adjusted
Frequency: Annual
Demand, time and saving deposits in deposit money banks and other financial institutions as a share of GDP.
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, 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 annual CPI (IFS line 64..ZF). (International Monetary Fund, International Financial Statistics, and World Bank GDP estimates)
Source Code: GFDD.DI.08
World Bank, Financial System Deposits to GDP for Nigeria [DDDI08NGA156NWDB], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/DDDI08NGA156NWDB, .