Deposit Money Bank Assets to GDP for Denmark
DDDI02DKA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
169.88
Year-over-Year Change
-20.15%
Date Range
1/1/1966 - 1/1/2021
Summary
This metric tracks the total assets held by deposit money banks in Denmark as a percentage of the country's GDP. It provides insights into the financial sector's size and importance within the Danish 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 deposit money bank assets to GDP ratio measures the total assets held by commercial banks, savings banks, and other deposit-taking institutions in Denmark. It offers perspective on the financial system's scale relative to the broader economy.
Methodology
The data is calculated by the World Bank using national accounts and balance sheet information.
Historical Context
This economic indicator is widely used by policymakers, analysts, and investors to assess financial sector development and financial stability in Denmark.
Key Facts
- Denmark's deposit money bank assets to GDP ratio was 198.6% in 2021.
- The ratio has remained above 150% since the early 2000s.
- The financial sector is a major driver of the Danish economy.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total assets held by deposit money banks in Denmark, including commercial banks, savings banks, and other deposit-taking institutions, as a percentage of the country's GDP.
Q: Why is this trend relevant for users or analysts?
A: The deposit money bank assets to GDP ratio provides insight into the size and importance of the financial sector within the Danish economy, which is valuable information for policymakers, investors, and economic analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and balance sheet information.
Q: How is this trend used in economic policy?
A: This indicator is widely used by policymakers, central banks, and financial regulators to assess financial sector development and financial stability in Denmark.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, with some delay in reporting. There may be limitations in capturing all deposit-taking institutions in certain countries.
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Citation
U.S. Federal Reserve, Deposit Money Bank Assets to GDP for Denmark (DDDI02DKA156NWDB), retrieved from FRED.