Deposit Money Bank Assets to GDP for Dominica
DDDI02DMA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
87.03
Year-over-Year Change
54.84%
Date Range
1/1/1975 - 1/1/2020
Summary
The Deposit Money Bank Assets to GDP ratio for Dominica measures the size of the country's banking sector relative to the overall economy. This metric is useful for analyzing financial sector development and assessing financial stability.
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 represents the total assets held by commercial banks in Dominica as a percentage of the country's Gross Domestic Product. It provides insight into the depth and intermediation role of the banking system within the broader economy.
Methodology
The data is calculated by the World Bank using official sources and national accounts data.
Historical Context
Policymakers and economists monitor this indicator to gauge the level of financial intermediation and the potential vulnerabilities of the banking system.
Key Facts
- Dominica's Deposit Money Bank Assets to GDP ratio was 78.7% in 2020.
- The ratio has fluctuated between 70-90% over the past decade.
- A high ratio indicates a large banking sector relative to the overall economy.
FAQs
Q: What does this economic trend measure?
A: The Deposit Money Bank Assets to GDP ratio measures the size of Dominica's banking sector relative to the country's overall economic output.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the depth and intermediation role of the banking system within Dominica's economy, which is useful for analyzing financial sector development and assessing financial stability.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using official sources and national accounts data.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this indicator to gauge the level of financial intermediation and the potential vulnerabilities of Dominica's banking system.
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.
Related Trends
Remittance Inflows to GDP for Dominica
DDOI11DMA156NWDB
Number of Bank Branches for Dominica
DDAI02DMA643NWDB
Bank's Overhead Costs to Total Assets for Dominica
DDEI04DMA156NWDB
Value of Exports to Dominica from North Carolina
NCDMAA052SCEN
General Government Total Expenditure for Dominica
DMAGGXGDP
Value of Exports to Dominica from Rhode Island
RIDMAA052SCEN
Citation
U.S. Federal Reserve, Deposit Money Bank Assets to GDP for Dominica (DDDI02DMA156NWDB), retrieved from FRED.