People 15 Years and Over Saving at a Financial Institution in the Past Year for Belarus
DDAI06BYA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22.19
Year-over-Year Change
225.99%
Date Range
1/1/2011 - 1/1/2017
Summary
This trend measures the percentage of the Belarusian population aged 15 and over who have saved money at a financial institution in the past year. It provides insights into the savings behavior and financial inclusion of the Belarusian populace.
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 'People 15 Years and Over Saving at a Financial Institution in the Past Year for Belarus' metric offers a window into the savings culture and financial system access for Belarusian adults. It is a valuable indicator for policymakers and economists seeking to understand the financial health and stability of the Belarusian economy.
Methodology
This data is collected through household surveys conducted by the World Bank.
Historical Context
Policymakers and analysts use this metric to gauge financial inclusion and consumer confidence in the Belarusian market.
Key Facts
- Belarus' savings rate at financial institutions was 42.4% in 2017.
- Savings rates have remained relatively stable in Belarus over the past decade.
- Financial inclusion is a key focus area for economic development in Belarus.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the Belarusian population aged 15 and over who have saved money at a financial institution in the past year.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the savings behavior and financial inclusion of the Belarusian populace, which is valuable for policymakers and economists seeking to understand the financial health and stability of the Belarusian economy.
Q: How is this data collected or calculated?
A: This data is collected through household surveys conducted by the World Bank.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to gauge financial inclusion and consumer confidence in the Belarusian market.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may be subject to survey sampling and coverage limitations.
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Citation
U.S. Federal Reserve, People 15 Years and Over Saving at a Financial Institution in the Past Year for Belarus (DDAI06BYA156NWDB), retrieved from FRED.