Bank Deposits Statistics in United Kingdom (2026)
The United Kingdom recorded outstanding bank deposits of 124% of GDP in 2024, IMF Financial Access Survey data show. Down from 127.6% of GDP in 2023 to 124% of GDP in 2024 (−3.6 percentage points). United Kingdom ranks #4 of 49 economies in Europe & Central Asia on this measure, and #13 of 172 globally.
Key Statistics
- Latest value (2024)
- 124% of GDP (2024)
- Bank Deposits in the United Kingdom as of 2024, the most recent observation in IMF Financial Access Survey data.
- Change since 2023
- −3.6 pp (2024)
- Down from 127.6% of GDP in 2023 to 124% of GDP in 2024 (−3.6 percentage points).
- Earliest value in this dataset (2004)
- 84.8% of GDP (2004)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 84.8% of GDP in 2004 to 124% of GDP in 2024.
- Peak value (2020)
- 151.7% of GDP (2020)
- Highest value in the available series; the 2024 value is 124% of GDP.
- Rank in Europe & Central Asia
- #4 of 49 (2024)
- The United Kingdom ranks 4 of 49 countries in Europe & Central Asia with data, based on each country's latest value.
- Global rank
- #13 of 172 (2024)
- The United Kingdom ranks 13 of 172 countries with data globally.
- Europe & Central Asia average
- 60.3% of GDP (2024)
- The United Kingdom (124% of GDP) is above the average of 60.3% of GDP across the 49 countries in Europe & Central Asia with data.
- Internet use in the United Kingdom (2024)
- 95.5% (2024)
- 95.5% of the population in the United Kingdom used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 69.2 million (2024)
- The United Kingdom had a population of 69.2 million in 2024 (World Bank); shown for scale only.
Trend, 2004–2024
| Year | % of GDP | Change |
|---|---|---|
| 2024 | 124% | −3.6 pp |
| 2023 | 127.6% | −12.0 pp |
| 2022 | 139.7% | −8.8 pp |
| 2021 | 148.5% | −3.2 pp |
| 2020 | 151.7% | +24.6 pp |
| 2019 | 127.1% | −5.7 pp |
| 2018 | 132.7% | +1.3 pp |
| 2017 | 131.4% | +1.7 pp |
| 2016 | 129.7% | +5.7 pp |
| 2015 | 124% | −2.6 pp |
| 2014 | 126.6% | −7.9 pp |
| 2013 | 134.6% | −4.6 pp |
| 2012 | 139.1% | −1.6 pp |
| 2011 | 140.8% | −8.2 pp |
| 2010 | 149% | −0.3 pp |
| 2009 | 149.3% | +8.1 pp |
| 2008 | 141.2% | +32.4 pp |
| 2007 | 108.8% | +9.1 pp |
| 2006 | 99.7% | +7.8 pp |
| 2005 | 91.9% | +7.0 pp |
| 2004 | 84.8% | — |
Frequently asked questions
What is the latest figure for outstanding bank deposits in the United Kingdom?
Outstanding bank deposits in the United Kingdom stood at 124% of GDP in 2024, according to IMF Financial Access Survey data.
How has bank deposits in the United Kingdom changed over time?
IMF Financial Access Survey data show a rise from 84.8% of GDP in 2004 to 124% of GDP in 2024.
How does the United Kingdom compare with other countries in Europe & Central Asia?
The United Kingdom ranks 4 of 49 countries in Europe & Central Asia with data, with 124% of GDP versus a regional average of 60.3% of GDP (latest values per country).
Where does the United Kingdom rank globally on bank deposits?
The United Kingdom ranks 13 of 172 countries with data globally, based on the latest IMF Financial Access Survey value for each country.
Source & methodology
Source: IMF Financial Access Survey, indicator
OUTD_COMBANK.POGDP, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .