Deposit Money Bank Assets to GDP for Solomon Islands
DDDI02SBA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
20.51
Year-over-Year Change
-0.55%
Date Range
1/1/1978 - 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 metric provides insights into the size and importance of the banking sector within the Solomon Islands' 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 represents the scale of the banking system relative to the overall economy, highlighting the role of banks in mobilizing savings and allocating credit.
Methodology
The data is collected and calculated by the World Bank using national accounts and balance sheet information.
Historical Context
This metric is widely used by economists and policymakers to assess the depth and maturity of a country's financial system.
Key Facts
- The ratio ranged from 30% to 50% in Solomon Islands between 2000-2020.
- A higher ratio indicates a more developed banking system.
- The metric is correlated with economic growth and financial stability.
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 metric provides insights into the size and importance of the banking sector within the Solomon Islands' economy, which is a key indicator of financial intermediation and development.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using national accounts and balance sheet information.
Q: How is this trend used in economic policy?
A: This metric is widely used by economists and policymakers to assess the depth and maturity of a country's financial system, which is relevant for evaluating economic growth and financial stability.
Q: Are there update delays or limitations?
A: The data is published by the World Bank with potential delays, and may be subject to revisions or limitations in data availability for certain countries or time periods.
Related Trends
Geographical Outreach: Key Indicators ATMs Per 1000 Km2 for Solomon Islands
SLBFCAKNUM
Gross Domestic Product for Solomon Islands
MKTGDPSBA646NWDB
Bank's Return on Assets for Solomon Islands
DDEI05SBA156NWDB
Number of Identified Exporters to Solomon Islands from Washington
WASLBA475SCEN
Liquid Assets to Deposits and Short Term Funding for Solomon Islands
DDSI06SBA156NWDB
Credit to Government and State-Owned Enterprises to GDP for Solomon Islands
DDEI08SBA156NWDB
Citation
U.S. Federal Reserve, Deposit Money Bank Assets to GDP for Solomon Islands (DDDI02SBA156NWDB), retrieved from FRED.