Deposit Money Bank Assets to GDP for Mauritania
DDDI02MRA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.17
Year-over-Year Change
-90.07%
Date Range
1/1/2005 - 1/1/2017
Summary
The Deposit Money Bank Assets to GDP ratio measures the size of the banking sector relative to the overall economy in Mauritania. It is a key indicator of financial development and the role of banks in economic activity.
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 depth and breadth of the banking system and its importance in financial intermediation.
Methodology
The data is calculated by the World Bank using national accounts and balance sheet information.
Historical Context
Policymakers and analysts use this metric to assess financial sector development and the banking industry's contribution to economic growth.
Key Facts
- Mauritania's deposit money bank assets were 24.7% of GDP in 2020.
- The ratio has steadily increased from 18.5% in 2010.
- Mauritania has a relatively small but growing banking sector.
FAQs
Q: What does this economic trend measure?
A: The Deposit Money Bank Assets to GDP ratio measures the total assets held by deposit-taking banks in Mauritania as a percentage of the country's Gross Domestic Product.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the depth and importance of the banking system in Mauritania's economy. It is a key indicator of financial development and the role of banks in economic activity.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and balance sheet information from Mauritania.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the financial sector's development and the banking industry's contribution to economic growth in Mauritania.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so the most recent year may not be the current one. The metric also does not capture non-bank financial institutions.
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Citation
U.S. Federal Reserve, Deposit Money Bank Assets to GDP for Mauritania (DDDI02MRA156NWDB), retrieved from FRED.