Bank deposits per capita reached 9,361 USD in 2017 in China, according to the National Central Bank. This is 27.5 % more than in the previous year.
Historically, bank deposits per capita in China reached an all time high of 11,024 USD in 2012 and an all time low of USD in. When compared to China's main peers, bank deposits per capita in India amounted to 1,340 USD, 4,672 USD in Russia and 40,310 USD in USA in 2017.
China has been ranked 35th within the group of 100 countries we follow in terms of bank deposits per capita, 12 places above the position seen 10 years ago.
A bank retail deposit is money placed into a banking institution for safekeeping by physical persons.