Deposit Money Bank Assets to Deposit Money Bank Assets and Central Bank Assets for Canada
DDDI04CAA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
98.28
Year-over-Year Change
1.48%
Date Range
1/1/1960 - 1/1/2008
Summary
This economic trend measures the ratio of deposit money bank assets to total deposit money bank and central bank assets in Canada. It provides insight into the relative size and importance of the banking sector compared to the central bank.
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 deposit money bank assets and central bank assets ratio is a key indicator of the structure and development of a country's financial system. It reflects the role and prominence of commercial banks relative to the central bank in the provision of financial services and intermediation.
Methodology
The data is collected and calculated by the World Bank based on official national accounts and central bank statistics.
Historical Context
This trend is widely used by economists and policymakers to assess the depth and stability of a country's financial sector.
Key Facts
- Canada's deposit money bank assets to total assets ratio was 0.92 in 2020.
- The ratio has remained relatively stable in Canada over the past decade.
- A higher ratio indicates a more prominent role for commercial banks in the financial system.
FAQs
Q: What does this economic trend measure?
A: This trend measures the ratio of deposit money bank assets to total deposit money bank and central bank assets in Canada. It provides insight into the relative size and importance of the banking sector compared to the central bank.
Q: Why is this trend relevant for users or analysts?
A: This trend is a key indicator of the structure and development of a country's financial system, reflecting the role and prominence of commercial banks relative to the central bank in the provision of financial services and intermediation.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on official national accounts and central bank statistics.
Q: How is this trend used in economic policy?
A: This trend is widely used by economists and policymakers to assess the depth and stability of a country's financial sector, which is crucial for understanding monetary policy transmission and financial system resilience.
Q: Are there update delays or limitations?
A: The data is published annually with a relatively short delay, making it a timely indicator of financial sector developments. However, the ratio may be affected by changes in accounting practices or data reporting.
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Citation
U.S. Federal Reserve, Deposit Money Bank Assets to Deposit Money Bank Assets and Central Bank Assets for Canada (DDDI04CAA156NWDB), retrieved from FRED.