Deposit Money Bank Assets to GDP for Namibia
DDDI02NAA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
78.88
Year-over-Year Change
49.51%
Date Range
1/1/1990 - 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 gross domestic product. This indicator provides insights into the size and 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 is a key metric used by economists and policymakers to assess the development and depth of a country's financial system. It reflects the relative size of the banking sector and can offer insights into financial intermediation, access to credit, and the overall stability of the financial system.
Methodology
The data is collected and calculated by the World Bank using national accounts and banking sector statistics.
Historical Context
This indicator is widely used to evaluate financial sector development and its role in supporting economic growth and investment.
Key Facts
- Namibia's Deposit Money Bank Assets to GDP ratio was 53.7% in 2020.
- The ratio has fluctuated between 50-60% over the past decade.
- A high ratio indicates a relatively large and developed 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 money banks as a percentage of the country's gross domestic product.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into the size and importance of the banking sector within the broader economy, which is crucial for assessing financial sector development and its role in supporting economic growth.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using national accounts and banking sector statistics.
Q: How is this trend used in economic policy?
A: This indicator is widely used by economists and policymakers to evaluate financial sector development and its role in supporting economic growth and investment.
Q: Are there update delays or limitations?
A: The data is updated annually by the World Bank, and there may be some delays in reporting depending on data availability from national sources.
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Citation
U.S. Federal Reserve, Deposit Money Bank Assets to GDP for Namibia (DDDI02NAA156NWDB), retrieved from FRED.