Deposit Money Bank Assets to GDP for Malawi
DDDI02MWA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.07
Year-over-Year Change
113.58%
Date Range
1/1/1965 - 1/1/2016
Summary
The Deposit Money Bank Assets to GDP for Malawi measures the size of the banking sector relative to the country's overall economy. It is an important indicator of financial development and access to credit.
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 metric represents the total assets held by deposit money banks, including demand deposits, time deposits, and loans, expressed as a percentage of Malawi's gross domestic product. It provides insight into the role and depth of the banking system within the broader economic context.
Methodology
The data is collected and calculated by the World Bank based on central bank and national accounts statistics.
Historical Context
Policymakers use this trend to assess the financial sector's growth and influence on economic activity.
Key Facts
- Malawi's deposit money bank assets were 23.7% of GDP in 2020.
- The trend has increased from 17.6% in 2000, indicating financial sector growth.
- Access to banking services remains low in Malawi compared to regional peers.
FAQs
Q: What does this economic trend measure?
A: The Deposit Money Bank Assets to GDP for Malawi measures the total assets held by deposit money banks 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 size and development of Malawi's financial sector, which is an important driver of economic growth and access to credit.
Q: How is this data collected or calculated?
A: The World Bank collects this data from central bank and national accounts statistics.
Q: How is this trend used in economic policy?
A: Policymakers analyze this trend to assess the role and growth of the banking system, which informs financial sector development policies.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, and may not capture the most recent changes in Malawi's banking assets and GDP.
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Citation
U.S. Federal Reserve, Deposit Money Bank Assets to GDP for Malawi (DDDI02MWA156NWDB), retrieved from FRED.