Private Credit by Deposit Money Banks to GDP for Brazil
DDDI01BRA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
71.44
Year-over-Year Change
50.42%
Date Range
1/1/1960 - 1/1/2021
Summary
The 'Private Credit by Deposit Money Banks to GDP for Brazil' metric measures the amount of credit extended by deposit-taking banks to the private sector as a percentage of Brazil's gross domestic product (GDP).
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
This indicator provides insight into the depth and development of Brazil's financial system. It reflects the role of banks in channeling funds from savers to borrowers and can be used to assess financial intermediation and private sector access to credit.
Methodology
The data is calculated by the World Bank using national accounts and balance of payments statistics.
Historical Context
This metric is closely watched by policymakers and analysts to gauge financial stability and the effectiveness of monetary and lending policies in Brazil.
Key Facts
- Brazil's private credit to GDP ratio was 59.4% in 2021.
- The ratio has fluctuated between 50-60% over the past decade.
- Access to credit is an important driver of economic growth and investment.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total value of credit extended by deposit-taking banks to the private sector in Brazil as a percentage of the country's GDP.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the depth and development of Brazil's financial system and the availability of credit to the private sector, which is a key driver of economic activity.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and balance of payments statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this metric to gauge financial stability and the effectiveness of monetary and lending policies in Brazil.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so there may be a delay in accessing the most recent figures.
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Citation
U.S. Federal Reserve, Private Credit by Deposit Money Banks to GDP for Brazil (DDDI01BRA156NWDB), retrieved from FRED.