With the US Senate proposing to raise the FDIC insurance cap from $100,000 to $250,000 I thought that I would survey every country known to have or planning to have deposit insurance. Here’s how the U.S. stacks up.

Blogger’s Note: Table updated on October 12th 2008

Nation & URL Percent Guarantee Currency USD Guarantee in Dollars Notes
Albania 100% on first 350,000 350,000 ALL lekė 0.0130 $4,550 $8,418  
  85% on next 350,000 297,500 ALL lekė 0.0130 $3,868    
Algeria 100% on first 600,000 600,000 DZD dinar 0.0161   $9,654  
Argentina 100% on first 30,000 30,000 ARS pesos 0.3305   $9,915  
Armenia 100% on first 2,000,000 2,000,000 AMD drams 0.0033   $6,600  
Australia 100% on first unlimited unlimited AUD dollars 0.9707   unlimited after 12/31/11 will return to AUD$20,000
Austria 100% on first 20,000 20,000 EUR euros 1.5850   $31,700 5 programs exist; temporary unlimited guarantee on all deposits
Azerbaijan 100% on first 4,000 4,000 AZN manat 1.2346   $4,938  
Bahamas 100% on first 50,000 50,000 BSD dollars 1.0025   $50,125  
Bahrain 75% on first 20,000 15,000 BHD dinar 2.6522   $39,783  
Bangladesh 100% on first 100,000 100,000 BDT taka 0.0146   $1,458  
Barbados     BBD dollars 0.5013     pending
Belarus 80% on first 2,676,250 2,141,000 BYR rubles 0.0005   $1,010  
Belgium 100% on first 20,000 20,000 EUR euros 1.5850   $31,700  
Bolivia             pending
Bosnia and Herzegovina 100% on first 7,500 7,500 BAM marka 0.8102   $6,077  
Brazil 100% on first 60,000 60,000 BRL reais 0.6291   $37,746  
Bulgaria 100% on first 40,000 40,000 BGN leva 0.8110   $32,440  
Cameroon             pending
Canada 100% on first 100,000 100,000 CAD dollars 0.9931   $99,310 higher in some provinces
Canada              
Canada              
Central African Republic             pending
Chad             pending
Chile 90% on first 133 120 USD Unidades de Fomento 41.2331   $4,948 inflation adjusted system
China     CNY 0.1466     planned
Colombia 75% on first 26,666,667 20,000,000 COP pesos 0.0006   $11,220  
Congo             pending
Costa Rica             under study
Croatia 100% on first 100,000 100,000 HRK kuna 0.2195   $21,950  
Cyprus 90% on first 22,222 20,000 EUR euros 1.5850   $31,700  
Czech Republic 90% on first 27,778 25,000 EUR euros 1.5850   $39,625  
Denmark 100% on first 300,000 300,000 DKK kroner 0.2124   $63,720 temporary unlimited guarantee on all deposits
Dominican Republic 100% on first unlimited unlimited DOP pesos 0.0292   unlimited  
Ecuador 100% on first 12,200 12,200 USD dollars 1.0000   $12,200  
El Salvador 100% on first 8,500 8,500 USD dollars 1.0000   $8,500  
Equatorial Guinea             pending
Estonia 90% on first 14,202 12,782 EUR euros 1.5850   $20,259  
Finland 100% on first 25,000 25,000 EUR euros 1.5850   $39,625  
France 100% on first 70,000 70,000 EUR euros 1.5850   $110,950  
  100% on first unlimited unlimited EUR euros 1.5850   unlimited notary managed accounts
Gabon             pending
Georgia             planned
Germany 90% on first 22,222 20,000 EUR euros 1.5850   $31,700 8 programs exist; on 10/5/08 the German gov’t offered unlimited protection for individuals
Gibraltar 90% on first 22,222 20,000 GBP pounds 1.9980   $39,960  
Greece 100% on first 20,000 20,000 EUR euros 1.5850   $31,700  
Guatemala 100% on first 20,000 20,000 GTQ quetzales 0.1358   $2,716  
Honduras 100% on first 165,000 165,000 HNL lempiras 0.0529   $8,735  
Hong Kong 100% on first 100,000 100,000 HKD dollars 0.1282   $12,820  
Hungary 100% on first 6,000,000 6,000,000 HUF forint 0.0069   $41,616  
Iceland 100% on first 20,887 20,887 EUR euros 1.5850   $33,106 unlimited guarantee for deposits located inside Iceland
India 100% on first 100,000 100,000 INR rupees 0.0234   $2,340  
Indonesia 100% on first 100,000,000 100,000,000 IDR rupiah 0.0001   $10,930  
Ireland 100% on first 100,000 100,000 EUR euros 1.5850   $158,500 unlimited guarantee at Allied Irish Bank, Bank of Ireland, Anglo Irish Bank, Irish Life and Permanent, Irish Nationwide Building Society and the Educational Building Society
Isle of Man 100% on first 30,000 30,000 GBP pounds 1.9980 $59,940 $95,904  
  90% on next 20,000 18,000 GBP pounds 1.9980 $35,964    
Italy 100% on first 200,000,000 200,000,000 ITL lire 0.0008   $163,717 3 programs exist
Jamaica 100% on first 600,000 600,000 JMD dollars 0.0140   $8,424  
Japan 100% on first 10,000,000 10,000,000 JPY yen 0.0094   $93,500  
  100% on first unlimited unlimited JPY yen 0.0094   unlimited non-interest accounts fully insured
Jordan 100% on first 10,000 10,000 JOD dinars 1.4137   $14,137  
Kazakhstan 100% on first 700,000 700,000 KZT tenge 0.0083   $5,824  
Kenya 100% on first 100,000 100,000 KES shillings 0.0151   $1,508  
Korea 100% on first 50,000,000 50,000,000 KRW won 0.0010   $49,305  
Kosovo             under study
Kyrgyz Republic             planned
Laos     LAK kip 0.0001     unknown plan
Latvia 100% on first 15,000 15,000 EUR euros 1.5850   $23,775  
Lebanon 100% on first 5,000,000 5,000,000 LBP pounds 0.0007   $3,317  
Liechtenstein 100% on first 20,000 20,000 EUR euros 1.5850   $31,700  
Lithuania 90% on first 19,308 17,377 EUR euros 1.5850   $27,543  
Luxembourg 100% on first 20,000 20,000 EUR euros 1.5850   $31,700  
Macedonia 100% on first 10,000 10,000 EUR euros 1.5850 $15,850 $31,700  
  90% on next 11,111 10,000 EUR euros 1.5850 $15,850    
Malaysia 100% on first 60,000 60,000 MYR ringgit 0.3092   $18,552  
Malta 90% on first 22,222 20,000 EUR euros 1.5850   $31,700  
Marshall Islands 100% on first 100,000 100,000 USD dollars 1.0000   $100,000 FDIC insured
Mexico 100% on first 400,000 400,000 MXV Unidades de Inversion 0.3956   $158,243 inflation adjusted system
Micronesia 100% on first 100,000 100,000 USD dollars 1.0000   $100,000 FDIC insured
Moldova 100% on first 4,500 4,500 MDL lei 0.1028   $463  
Mongolia             planned
Montenegro     EUR euros 1.5850     unknown plan
Morocco 100% on first 50,000 50,000 MAD dirhams 0.1379   $6,895  
Netherlands 100% on first 100,000 100,000 EUR euros 1.5850   $158,500 returns to 38,000 euros on 10/7/2009
New Zealand             planned
Nicaragua 100% on first 20,000 20,000 USD cordobas 1.0000   $20,000  
Nigeria 100% on first 200,000 200,000 NGN naira 0.0084   $1,688  
Norway 100% on first 2,000,000 2,000,000 NOK kroner 0.1966   $393,200  
Oman 75% on first 26,667 20,000 OMR rial 2.5977   $51,954  
Pakistan             planned
Panama             under study
Paraguay 100% on first 64,207,500 64,207,500 PYG guaranies 0.0003   $16,347  
Peru 100% on first 82,845 82,845 PEN nuevos soles 0.3512   $29,095  
Philippines 100% on first 250,000 250,000 PHP pesos 0.0226   $5,653  
Poland 100% on first 1,000 1,000 EUR euros 1.5850 $1,585 $32,255  
  90% on next 21,500 19,350 EUR euros 1.5850 $30,670    
Portugal 100% on first 5,000,000 5,000,000 PTE escudos 0.0079   $39,525  
Puerto Rico 100% on first 100,000 100,000 USD dollars 1.0000   $100,000 FDIC insured
Romania 100% on first 12,522 12,522 RON lei 0.4454   $5,577  
Russia 100% on first 100,000 100,000 RUB rubles 0.0431 $4,307 $17,228  
  90% on next 333,333 300,000 RUB rubles 0.0431 $12,921    
Serbia 100% on first 5,000 5,000 CSD dinar 0.0173   $87  
Singapore 100% on first 20,000 20,000 SGD dollars 0.7399   $14,798  
Slovakia 90% on first 22,222 20,000 EUR euros 1.5850   $31,700  
Slovenia 100% 25,025 25,025 EUR euros 1.5850   $39,665  
South Africa             pending
Spain 100% on first 20,000 20,000 EUR euros 1.5850   $31,700  
Sri Lanka 100% on first 100,000 100,000 LKR rupees 0.0093   $930  
Sudan     SDD pounds 0.0043     unknown plan
Sweden 100% on first 500,000 500,000 SEK kronor 0.1676   $83,800 temporary unlimited guarantee on all deposits
Switzerland 100% on first 30,000 30,000 CHF francs 0.9776   $29,328 private banks
Switzerland 100% on first unlimited unlimited CHF francs 0.9776   unlimited cantonal banks
Taiwan 100% on first 1,500,000 1,500,000 TWD dollars 0.0330   $49,440  
Tajikistan 100% on first 1,000 1,000 TJS somoni 0.2899   $290  
Tanzania 100% 250,000 250,000 TZS shillings 0.0009   $214  
Thailand             planned
Trinidad and Tobago 100% 50,000 50,000 TTD dollars 0.1646   $8,230  
Turkey 100% on first 50,000 50,000 TRY lira 0.8393   $41,965  
Uganda 100% 3,000,000 3,000,000 UGX shillings 0.0006   $1,823  
UK 100% on first 50,000 50,000 GBP pounds 1.9980   $99,900  
Ukraine 100% 2,000 2,000 UAH hryvni 0.2179   $436  
Uruguay     UYU pesos 0.0522     unknown plan
USA 100% on first 250,000 250,000 USD dollars 1.0000   $250,000 after 12/31/09 will return to $100,000
  100% on first 250,000 250,000 USD dollars 1.0000   $250,000 IRAs
Uzbekistan     UZS som 0.0009     unknown plan
Venezuela 100% 10,000,000 10,000,000 VEB bolivares fuertes 0.0005   $4,657  
Vietnam 100% on first 200,000 50,000,000 VND dong 0.0001   $2,958  
Yemen     YER rials 0.0050     unknown plan
Zimbabwe 100% on first 15,000,000 15,000,000 ZWD dollars 0.0000   $551