Deposit Money Bank Assets to GDP for Maldives
DDDI02MVA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
76.65
Year-over-Year Change
20.98%
Date Range
1/1/1976 - 1/1/2020
Summary
The Deposit Money Bank Assets to GDP ratio measures the total assets held by commercial banks in Maldives as a percentage of the country's gross domestic product. This metric provides insight into the relative size and importance of the banking sector within Maldives' 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 key indicator of financial intermediation and banking sector development. It shows the overall depth and scale of the commercial banking system compared to the broader economy. Economists and policymakers use this data to assess financial sector depth and stability.
Methodology
The data is collected by the World Bank from national sources and calculated as the total assets of deposit money banks divided by GDP.
Historical Context
Monitoring this ratio helps policymakers evaluate financial sector policies and their impact on economic growth.
Key Facts
- Maldives' Deposit Money Bank Assets to GDP ratio was 90.2% in 2020.
- The ratio has increased from 59.5% in 2000, indicating financial sector growth.
- A high ratio suggests a large, mature banking system relative to the economy.
FAQs
Q: What does this economic trend measure?
A: The Deposit Money Bank Assets to GDP ratio measures the total assets held by commercial banks in Maldives 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 relative size and importance of the banking sector within Maldives' economy, which is useful for assessing financial intermediation and banking sector development.
Q: How is this data collected or calculated?
A: The data is collected by the World Bank from national sources and calculated as the total assets of deposit money banks divided by GDP.
Q: How is this trend used in economic policy?
A: Monitoring this ratio helps policymakers evaluate financial sector policies and their impact on economic growth.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank with a potential delay of 1-2 years.
Related Trends
Geographical Outreach: Number of Institutions, Other Depository Corporations for Maldives
MDVFCIODNUM
Balance of Payments: Total Net Current Account for Maldives
MDVBCAGDPBP6PT
Use of Financial Services, Liabilities: Outstanding Deposits at Other Depository Corporations for Maldives
MDVFCLODXDC
Bank Deposits to GDP for Maldives
DDOI02MVA156NWDB
Use of Financial Services: Number of Depositors at Other Depository Corporations for Maldives
MDVFCDODPENUM
Geographical Outreach: Number of Branches, Excluding Headquarters, for Commercial Banks for Maldives
MDVFCBODCNUM
Citation
U.S. Federal Reserve, Deposit Money Bank Assets to GDP for Maldives (DDDI02MVA156NWDB), retrieved from FRED.