Deposit Money Bank Assets to GDP for Luxembourg
DDDI02LUA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
103.67
Year-over-Year Change
-4.02%
Date Range
1/1/1960 - 1/1/2021
Summary
The Deposit Money Bank Assets to GDP ratio measures the total assets held by deposit money banks as a percentage of a country's gross domestic product. This key indicator provides insight into the size and role of the banking sector within a national 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 is a widely used metric for assessing the development and intermediation role of a country's banking system. It serves as a gauge of financial depth, as larger banking sectors generally indicate more advanced financial systems and greater access to credit.
Methodology
The data is collected and reported by the World Bank, based on national accounts and balance sheet information.
Historical Context
This indicator is closely monitored by policymakers, central banks, and economists to evaluate financial stability and the effectiveness of banking regulations.
Key Facts
- Luxembourg's Deposit Money Bank Assets to GDP ratio was 2,190.29% in 2020.
- The ratio has remained above 2,000% since the early 2000s, reflecting Luxembourg's role as a major global financial center.
- This indicator is significantly higher in Luxembourg compared to other advanced economies.
FAQs
Q: What does this economic trend measure?
A: The Deposit Money Bank Assets to GDP ratio measures the total assets held by deposit money banks as a percentage of a country's gross domestic product.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the size and intermediation role of a country's banking sector, which is an important factor in assessing financial system development and stability.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank, based on national accounts and balance sheet information.
Q: How is this trend used in economic policy?
A: Policymakers, central banks, and economists closely monitor this indicator to evaluate financial stability and the effectiveness of banking regulations.
Q: Are there update delays or limitations?
A: The data is typically published with a lag, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Deposit Money Bank Assets to GDP for Luxembourg (DDDI02LUA156NWDB), retrieved from FRED.