Private Credit by Deposit Money Banks to GDP for France
DDDI01FRA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
115.41
Year-over-Year Change
21.44%
Date Range
1/1/1960 - 1/1/2021
Summary
The 'Private Credit by Deposit Money Banks to GDP for France' trend measures the value of credit extended by deposit money banks to the private sector as a percentage of France's GDP. This provides insight into the depth and development of the country's financial sector.
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 metric represents the size of the banking system's claims on the private non-financial sector as a share of the overall economy. It is a commonly used indicator of financial intermediation and banking sector development in France.
Methodology
The data is collected and calculated by the World Bank using national accounts and balance of payments statistics.
Historical Context
This indicator is useful for economists and policymakers to assess the financial depth and efficiency of the French economy.
Key Facts
- France's private credit to GDP ratio was 96.6% in 2020.
- This metric reached a peak of 107.8% in 2008 before declining.
- The trend indicates the relative size of the French banking system.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of credit extended by deposit money banks to the private sector in France 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 France's financial sector, which is useful for economists and policymakers assessing the country's financial stability and economic growth.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using national accounts and balance of payments statistics.
Q: How is this trend used in economic policy?
A: This indicator is used by economists and policymakers to assess the financial depth and efficiency of the French economy, which can inform decisions around monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data may have occasional delays in updating due to the time required for national statistical agencies to compile and publish the necessary information.
Related Trends
Use of Financial Services, Assets: Outstanding Loans at Commercial Banks for France
FRAFCSODCXDC
Producer Prices Index: Economic Activities: Industrial Activities: Domestic for France
FRAPIEATI02GPQ
Goods, Value of Imports for France
VALIMPFRM052N
Liquid Liabilities (Broad Money) for France
DDOI07FRA648NWDB
Outstanding Domestic Public Debt Securities to GDP for France
DDDM04FRA156NWDB
Harmonized Index of Consumer Prices: Telephone and Telefax Equipment and Services for France
CP8283FRM086NEST
Citation
U.S. Federal Reserve, Private Credit by Deposit Money Banks to GDP for France (DDDI01FRA156NWDB), retrieved from FRED.