Deposit Money Bank Assets to GDP for Lesotho
DDDI02LSA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
27.71
Year-over-Year Change
84.41%
Date Range
1/1/1973 - 1/1/2021
Summary
The Deposit Money Bank Assets to GDP ratio measures the size of a country's banking sector relative to its overall economy. It is an important indicator of financial development and intermediation.
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 ratio represents the total assets held by deposit money banks as a percentage of the country's Gross Domestic Product. It provides insight into the scale and relative importance of the banking system within Lesotho's economy.
Methodology
The data is collected and calculated by the World Bank based on national accounts and banking sector statistics.
Historical Context
Policymakers and analysts use this metric to assess financial depth and the degree of banking sector development.
Key Facts
- Lesotho's Deposit Money Bank Assets to GDP ratio was 31.9% in 2020.
- The ratio has fluctuated between 24% and 35% over the past decade.
- A higher ratio indicates a more developed banking system.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total assets held by deposit money banks in Lesotho as a percentage of the country's Gross Domestic Product.
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 relative importance of the banking sector within Lesotho's economy, which is a key indicator of financial development and intermediation.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on national accounts and banking sector statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the depth and development of Lesotho's financial system, which informs decisions related to financial sector regulation, stability, and growth.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank with a lag of approximately one year.
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Citation
U.S. Federal Reserve, Deposit Money Bank Assets to GDP for Lesotho (DDDI02LSA156NWDB), retrieved from FRED.