Use of Financial Services, Liabilities: Outstanding Deposits by Households at Commercial Banks for Antigua and Barbuda
ATGFCLODCHXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,845,157,000.00
Year-over-Year Change
37.95%
Date Range
1/1/2004 - 1/1/2024
Summary
This economic trend measures the outstanding deposits held by households at commercial banks in Antigua and Barbuda. It provides insight into the financial services utilization and household liquidity in the country.
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 Antigua and Barbuda series tracks the total value of deposits maintained by households at commercial banking institutions within the country. This metric serves as an indicator of household savings, access to formal financial services, and overall financial stability.
Methodology
The data is collected through surveys of commercial banks operating in Antigua and Barbuda.
Historical Context
Policymakers and analysts use this metric to assess the financial health and inclusion of households within the Antiguan and Barbudan economy.
Key Facts
- Antigua and Barbuda is a Caribbean island nation.
- Commercial banks are a major provider of financial services in the country.
- Household deposits are an important indicator of financial inclusion.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of deposits held by households at commercial banks operating in Antigua and Barbuda.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the financial health and inclusion of households, which is crucial for assessing the overall stability and development of the Antiguan and Barbudan economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of commercial banks operating in Antigua and Barbuda.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to evaluate the financial services landscape and household savings patterns, which informs policy decisions related to financial inclusion and economic stability.
Q: Are there update delays or limitations?
A: There may be delays in data reporting due to the time required for commercial banks to submit their survey responses.
Related Trends
Number of Identified Exporters to Antigua and Barbuda from Vermont
VTATGA475SCEN
Value of Exports to Antigua and Barbuda from Maine
MEATGA052SCEN
Number of Identified Exporters to Antigua and Barbuda from Montana
MTATGA475SCEN
Number of Identified Exporters to Antigua and Barbuda from New Hampshire
NHATGA475SCEN
Number of Identified Exporters to Antigua and Barbuda from Alaska
AKATGA475SCEN
Geographical Outreach: Number of Institutions, Other Depository Corporations, Other Deposit Takers for Antigua and Barbuda
ATGFCIODDNUM
Citation
U.S. Federal Reserve, Use of Financial Services, Liabilities: Outstanding Deposits by Households at Commercial Banks for Antigua and Barbuda (ATGFCLODCHXDC), retrieved from FRED.