Deposit Money Bank Assets to GDP for Madagascar

DDDI02MGA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

22.03

Year-over-Year Change

68.93%

Date Range

1/1/1962 - 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 the country's GDP. This indicator provides insights into the size and relative importance of the banking sector within the broader 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 represents the total assets held by deposit money banks, which include commercial banks and other financial institutions that accept deposits, divided by the country's gross domestic product. This metric offers a gauge of the banking sector's development and intermediation capacity relative to the overall economy.

Methodology

The data is collected and calculated by the World Bank using information from central banks, statistical agencies, and international organizations.

Historical Context

This indicator is widely used by economists, policymakers, and financial analysts to assess financial sector depth and stability within a country.

Key Facts

  • Madagascar's Deposit Money Bank Assets to GDP ratio was 18.7% in 2020.
  • The ratio has increased from 15.8% in 2010, indicating gradual financial sector development.
  • Madagascar's ratio is lower than the sub-Saharan Africa regional average of 35.8% in 2020.

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 the country's GDP, providing insights into the size and relative importance of the banking sector.

Q: Why is this trend relevant for users or analysts?

A: This indicator is widely used by economists, policymakers, and financial analysts to assess financial sector depth and stability within a country, as it offers a gauge of the banking sector's development and intermediation capacity relative to the overall economy.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the World Bank using information from central banks, statistical agencies, and international organizations.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this indicator to evaluate the development and relative importance of the banking sector within a country's broader economy, which can inform policies and decisions related to financial sector regulation, development, and stability.

Q: Are there update delays or limitations?

A: The data may be subject to update delays, as it relies on information from various national and international sources. Additionally, cross-country comparisons may be limited by differences in financial sector structures and reporting practices.

Related Trends

Citation

U.S. Federal Reserve, Deposit Money Bank Assets to GDP for Madagascar (DDDI02MGA156NWDB), retrieved from FRED.