Private Credit by Deposit Money Banks to GDP for Burundi

DDDI01BIA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

23.51

Year-over-Year Change

70.68%

Date Range

1/1/1964 - 1/1/2020

Summary

This economic trend tracks the ratio of private credit by deposit money banks to GDP in Burundi. It provides insights into the level of financial intermediation and the availability of credit for private economic activities.

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 private credit to GDP ratio is a key indicator of financial development and the depth of the banking sector in an economy. It measures the volume of loans extended by deposit money banks to the private sector relative to the size of the overall economy.

Methodology

The data is compiled by the World Bank from various national and international sources.

Historical Context

This metric is used by policymakers and analysts to assess the financial health and growth potential of the Burundian economy.

Key Facts

  • Burundi's private credit to GDP ratio was 18.4% in 2020.
  • The ratio has fluctuated between 15-20% over the past decade.
  • A higher ratio indicates greater financial intermediation and access to credit.

FAQs

Q: What does this economic trend measure?

A: This trend measures the ratio of private credit extended by deposit money banks to the gross domestic product (GDP) of Burundi.

Q: Why is this trend relevant for users or analysts?

A: The private credit to GDP ratio is a key indicator of financial development and the depth of the banking sector in an economy. It provides insights into the availability of credit for private economic activities.

Q: How is this data collected or calculated?

A: The data is compiled by the World Bank from various national and international sources.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this metric to assess the financial health and growth potential of the Burundian economy.

Q: Are there update delays or limitations?

A: The data is subject to update delays and potential limitations in data collection across different countries.

Related Trends

Citation

U.S. Federal Reserve, Private Credit by Deposit Money Banks to GDP for Burundi (DDDI01BIA156NWDB), retrieved from FRED.