Bank assets as a share of GDP in the U.S. 2002-2023
The total assets of the banking industry as a share of gross domestic product (GDP) in the United States increased overall between 2002 and 2023, with a downward trend in recent years. In 2023, assets held at banks amounted to 113.79 percent of the total GDP, a notable decrease compared to the previous years. The value of total assets in the banking sector increased notably in 2023, exceeding 31 trillion U.S. dollars.