Use of Financial Services, Liabilities: Outstanding Deposits at Other Depository Corporations for Bangladesh
BGDFCLODXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10,896,018,108,800.00
Year-over-Year Change
543.32%
Date Range
1/1/2004 - 1/1/2017
Summary
This economic trend measures the outstanding deposits held at other depository corporations in Bangladesh. It provides insights into the level of financial services usage and liquidity in the Bangladeshi economy.
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 Outstanding Deposits at Other Depository Corporations for Bangladesh is an indicator of the use of financial services and the overall level of deposits in the country's banking system. It serves as a barometer for financial activity and can inform assessments of economic health and monetary policy decisions.
Methodology
The data is collected and reported by the Bangladesh Bank, the central bank of Bangladesh.
Historical Context
Policymakers and analysts monitor this trend to understand broader financial and economic conditions in Bangladesh.
Key Facts
- Bangladesh has a population of over 165 million people.
- The Bangladeshi economy is heavily reliant on agriculture and manufacturing.
- The banking sector in Bangladesh is dominated by state-owned commercial banks.
FAQs
Q: What does this economic trend measure?
A: This trend measures the outstanding deposits held at other depository corporations, such as commercial banks, in Bangladesh. It provides insights into the level of financial services usage and liquidity in the Bangladeshi economy.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for understanding the financial health and economic activity in Bangladesh. It can inform assessments of monetary policy, financial inclusion, and overall economic conditions in the country.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Bangladesh Bank, the central bank of Bangladesh.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to understand broader financial and economic conditions in Bangladesh, which can inform monetary policy decisions and assessments of the country's economic development.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedule and availability from the Bangladesh Bank, which may result in occasional update delays or limitations in coverage.
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Citation
U.S. Federal Reserve, Use of Financial Services, Liabilities: Outstanding Deposits at Other Depository Corporations for Bangladesh (BGDFCLODXDC), retrieved from FRED.