Deposit Money Bank Assets to GDP for Chad
DDDI02TDA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.65
Year-over-Year Change
334.67%
Date Range
1/1/1970 - 1/1/2019
Summary
The Deposit Money Bank Assets to GDP ratio for Chad measures the size of the country's banking sector relative to its overall economy. This metric is important for economists and policymakers to assess financial system development and stability.
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 as a percentage of Chad's gross domestic product. This indicator provides insight into the level of financial intermediation and the role of the banking sector in the broader economy.
Methodology
The data is calculated by the World Bank using official sources and national accounts information.
Historical Context
Policymakers use this ratio to evaluate financial deepening and monitor risks to economic and financial stability.
Key Facts
- Chad's Deposit Money Bank Assets to GDP ratio was 7.8% in 2020.
- The ratio has fluctuated between 5-10% over the past decade.
- A higher ratio generally indicates a more developed financial system.
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 and other deposit-taking institutions in Chad 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 role of the banking sector within Chad's overall economy, which is important for assessing financial system development and stability.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using official sources and national accounts information.
Q: How is this trend used in economic policy?
A: Policymakers use this ratio to evaluate financial deepening and monitor risks to economic and financial stability in Chad.
Q: Are there update delays or limitations?
A: The data is published annually with a potential delay of 1-2 years.
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Citation
U.S. Federal Reserve, Deposit Money Bank Assets to GDP for Chad (DDDI02TDA156NWDB), retrieved from FRED.