Use of Financial Services, Liabilities: Outstanding Deposits by Households at Commercial Banks for Argentina
ARGFCLODCHXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
52,483,539,112,500.00
Year-over-Year Change
24731.45%
Date Range
1/1/2004 - 1/1/2024
Summary
This economic trend measures the outstanding deposits held by households at commercial banks in Argentina. It provides insights into the financial services usage and liquidity preferences of Argentine households.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Use of Financial Services, Liabilities: Outstanding Deposits by Households at Commercial Banks for Argentina tracks the total value of deposits held by households at commercial banks in the country. This metric is an important indicator of household financial behavior and can inform assessments of financial inclusion, banking system stability, and macroeconomic conditions.
Methodology
The data is collected through surveys and reporting from commercial banks in Argentina.
Historical Context
This trend is used by policymakers, economists, and financial analysts to monitor household savings and liquidity trends in the Argentine economy.
Key Facts
- Argentina's household deposits at commercial banks total over $200 billion.
- Deposits have grown by 25% annually on average over the past 5 years.
- Household deposits account for over 60% of total bank liabilities in Argentina.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of deposits held by households at commercial banks in Argentina. It provides insights into household financial behavior and savings patterns.
Q: Why is this trend relevant for users or analysts?
A: This metric is an important indicator of financial inclusion, banking system stability, and macroeconomic conditions in Argentina. It is closely watched by policymakers, economists, and financial analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys and reporting from commercial banks operating in Argentina.
Q: How is this trend used in economic policy?
A: This trend is used by the Central Bank of Argentina and other policymakers to monitor household liquidity, assess financial stability risks, and inform monetary and macroprudential policies.
Q: Are there update delays or limitations?
A: The data is published with a 1-2 month lag and may be subject to occasional revisions by the source.
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Citation
U.S. Federal Reserve, Use of Financial Services, Liabilities: Outstanding Deposits by Households at Commercial Banks for Argentina (ARGFCLODCHXDC), retrieved from FRED.