Observations

2021: 21.83342

Updated: May 7, 2024 3:28 PM CDT

Units:

Percent,

Not Seasonally Adjusted

Frequency:

Annual

Notes

Title	Release Dates

Bank Deposits to GDP for Nigeria	2012-09-24	2024-04-23

Source

World Bank	2012-09-24	2024-04-23

Release

Global Financial Development	2012-09-24	2024-04-23

Units

Percent	2012-09-24	2024-04-23

Frequency

Annual	2012-09-24	2024-04-23

Seasonal Adjustment

Not Seasonally Adjusted	2012-09-24	2024-04-23

Notes

The total value of demand, time and saving deposits at domestic deposit money banks as a share of GDP. Deposit money banks comprise commercial banks and other financial institutions that accept transferable deposits, such as demand deposits. Demand, time and saving deposits in deposit money banks 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. Bank deposits (IFS lines 24 and 25); 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.OI.02	2012-09-24	2024-04-23

Bank Deposits to GDP for Nigeria (DDOI02NGA156NWDB)