Banking sector size in selected countries worldwide 2009
The statistic depicts the size of the banking sector in selected countries worldwide expressed as the ratio of banking sector assets to GDP in 2009. That year, the assets of the German banking sector constituted approximately 3.4 percent of the country's GDP.
Size of the banking sector globally expressed as a share of country’s GDP - additional information
In 2009, the ratio of banking sector assets to Gross Domestic Product in Switzerland accounted to 8.2 percent and was the highest among the selected countries. The statistic shows that Switzerland, though being a relatively small country, had a developed banking sector accounting for a significant value of the country’s GDP, which was equal to 509.47 billion U.S. dollars in 2009. In the same year, the banking sector in the United States accounted only for 1.9 percent of GDP. However when the United States’ GDP, equal to 14.42 trillion U.S. dollars, was taken into consideration, the huge difference between the sizes of banking sectors in those two countries could be observed.
Gross Domestic Product is one of the most popular and commonly traced economic indicators worldwide. It is composed of such elements as the value of consumer consumption, government spending, business expenditures and net exports. GDP presents the value of goods and services produced by an economy in a given period and indicates whether a given country is evolving or falling into recession.
GDP and GDP-related indicators could be applied for various purposes such as measuring which sector of the economy added the most value to the country’s GDP or comparing various regions worldwide in terms of highest GDP per capita.
Size of the banking sector globally expressed as a share of country’s GDP - additional information
In 2009, the ratio of banking sector assets to Gross Domestic Product in Switzerland accounted to 8.2 percent and was the highest among the selected countries. The statistic shows that Switzerland, though being a relatively small country, had a developed banking sector accounting for a significant value of the country’s GDP, which was equal to 509.47 billion U.S. dollars in 2009. In the same year, the banking sector in the United States accounted only for 1.9 percent of GDP. However when the United States’ GDP, equal to 14.42 trillion U.S. dollars, was taken into consideration, the huge difference between the sizes of banking sectors in those two countries could be observed.
Gross Domestic Product is one of the most popular and commonly traced economic indicators worldwide. It is composed of such elements as the value of consumer consumption, government spending, business expenditures and net exports. GDP presents the value of goods and services produced by an economy in a given period and indicates whether a given country is evolving or falling into recession.
GDP and GDP-related indicators could be applied for various purposes such as measuring which sector of the economy added the most value to the country’s GDP or comparing various regions worldwide in terms of highest GDP per capita.
