Deposit Money Bank Assets to Deposit Money Bank Assets and Central Bank Assets for Congo
DDDI04CGA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
68.35
Year-over-Year Change
-25.18%
Date Range
1/1/2008 - 1/1/2019
Summary
This economic trend measures the ratio of deposit money bank assets to the combined assets of deposit money banks and the central bank in the Democratic Republic of the Congo. It provides insight into the relative 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 financial sector development. It reflects the degree to which the private banking system, rather than the central bank, is responsible for financial intermediation in the economy.
Methodology
The data is calculated by the World Bank using information from central bank and national accounts sources.
Historical Context
This ratio is used by economists and policymakers to assess the structure and maturity of a country's financial system.
Key Facts
- This ratio has remained below 0.9 in Congo since the early 2000s.
- A higher ratio indicates a more developed private banking sector.
- The ratio reflects the relative importance of banks versus the central bank.
FAQs
Q: What does this economic trend measure?
A: This trend measures the ratio of deposit money bank assets to the combined assets of deposit money banks and the central bank in the Democratic Republic of the Congo.
Q: Why is this trend relevant for users or analysts?
A: This ratio provides insight into the degree of financial sector development and the relative importance of private banks versus the central bank in the Congolese economy.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using information from central bank and national accounts sources.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this ratio to assess the structure and maturity of Congo's financial system, which is relevant for monetary policy and financial sector development strategies.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank with some delays, and may not fully capture rapid changes in the financial sector.
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Citation
U.S. Federal Reserve, Deposit Money Bank Assets to Deposit Money Bank Assets and Central Bank Assets for Congo (DDDI04CGA156NWDB), retrieved from FRED.