Bank deposits as a share of GDP rose 14.0% to 52.0% in Mozambique in 2015, according to the National Central Bank.
Historically, bank deposits as a share of GDP in Mozambique reached an all time high of 52.0% in 2015 and an all time low of 21.9% in 2007. When compared to Mozambique's main peers, bank deposits as a share of GDP in Malawi amounted to 21.9%, 77.5% in South Africa, 21.5% in Tanzania and 33.8% in Zambia in 2015.
Mozambique has been ranked 73rd within the group of 137 countries we follow in terms of bank deposits as a share of GDP, 9 places above the position seen 10 years ago.
Bank Deposits (As % of GDP) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
Angola | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 25.2% | 42.4% | 34.9% | 35.6% | ... | ... | ... | ||||
Botswana | % | ... | ... | ... | ... | 40.7% | 36.6% | 35.3% | 35.9% | 42.2% | ||||||||||||
Dem. Republic of the Congo | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||||||||||
Kenya | % | 40.8% | 37.3% | 35.8% | 33.8% | 33.1% | ||||||||||||||||
Lesotho | % | ... | ... | ... | ... | 28.4% | 25.3% | 30.7% | 38.2% | 37.2% | ||||||||||||
Malawi | % | ... | ... | ... | ... | 21.9% | 20.8% | 22.1% | 15.1% | 14.4% | ... | |||||||||||
Mozambique | % | ... | ... | ... | ... | 52.0% | 46.8% | 44.5% | 46.5% | 48.0% | ||||||||||||
Namibia | % | ... | ... | ... | ... | 49.6% | 48.8% | 50.0% | 51.8% | 56.6% | ||||||||||||
South Africa | % | 77.5% | 74.2% | 71.9% | 74.0% | 43.8% | ... | |||||||||||||||
Swaziland | % | ... | ... | ... | ... | 27.6% | 25.8% | 25.6% | 25.9% | 25.1% | ... | ... | ||||||||||
Tanzania | % | ... | ... | ... | ... | 21.5% | 17.9% | 17.1% | 16.2% | ... | ... | ... | ||||||||||
Uganda | % | ... | ... | ... | ... | 18.1% | 18.8% | 18.4% | 15.4% | 16.3% | ||||||||||||
Zambia | % | ... | ... | ... | 33.8% | 21.6% | 21.8% | 22.3% | 22.9% | |||||||||||||
Zimbabwe | % | ... | ... | ... | ... | ... | ... | ... | ... | 21.9% | 20.4% | 28.1% | 64.6% | 19.2% | ... |