Deposit Money Bank Assets to GDP for Nicaragua
DDDI02NIA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
29.60
Year-over-Year Change
4.67%
Date Range
1/1/1963 - 1/1/2021
Summary
The Deposit Money Bank Assets to GDP for Nicaragua measures the size of the banking sector relative to the country's economic output. This metric is important for analyzing the development and stability of Nicaragua's financial system.
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 commercial banks and other deposit-taking institutions in Nicaragua as a percentage of the country's Gross Domestic Product. This indicator provides insight into the banking sector's role and influence within the broader economy.
Methodology
The data is calculated by the World Bank using official national accounts and banking statistics.
Historical Context
Policymakers and economists use this metric to assess financial sector depth and the intermediation role of banks in Nicaragua's economy.
Key Facts
- Nicaragua's deposit money bank assets were 46.4% of GDP in 2020.
- The deposit money bank assets to GDP ratio has fluctuated between 40-50% in Nicaragua over the past decade.
- This metric provides insight into the size and importance of the banking industry in Nicaragua's economy.
FAQs
Q: What does this economic trend measure?
A: The Deposit Money Bank Assets to GDP for Nicaragua measures the total assets held by commercial banks and other deposit-taking institutions as a percentage of the country's Gross Domestic Product.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for analyzing the development and stability of Nicaragua's financial system, as well as the intermediation role of banks within the broader economy.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using official national accounts and banking statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess financial sector depth and the role of banks in Nicaragua's economic development.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so there may be delays in accessing the most recent information.
Related Trends
Number of Identified Exporters to Nicaragua from Hawaii
HINICA475SCEN
Number of Identified Exporters to Nicaragua from Massachusetts
MANICA475SCEN
Value of Exports to Nicaragua from West Virginia
WVNICA052SCEN
Amounts Outstanding of International Debt Securities for All Issuers, All Maturities, Nationality of Issuer in Nicaragua
IDSGAMNIAONI
Number of Identified Exporters to Nicaragua from Mississippi
MSNICA475SCEN
Value of Exports to Nicaragua from North Dakota
NDNICA052SCEN
Citation
U.S. Federal Reserve, Deposit Money Bank Assets to GDP for Nicaragua (DDDI02NIA156NWDB), retrieved from FRED.