Deposit Money Bank Assets to Deposit Money Bank Assets and Central Bank Assets for Ecuador
DDDI04ECA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
89.54
Year-over-Year Change
-9.26%
Date Range
1/1/1960 - 1/1/2021
Summary
This economic trend measures the ratio of deposit money bank assets to total bank assets, including central bank assets, in Ecuador. It provides insights into the structure and relative importance of the banking sector in the country'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 deposit money bank assets and central bank assets ratio represents the share of total banking system assets held by private deposit-taking institutions, rather than the central bank. This metric is used to analyze the depth and development of a country's financial intermediation.
Methodology
The data is calculated by the World Bank using information reported by the Ecuadorian central bank and financial authorities.
Historical Context
This trend is relevant for economists and policymakers assessing the role of the private banking sector in Ecuador's financial system and overall economic development.
Key Facts
- The ratio was 0.91 in 2020, indicating deposit money banks held 91% of total banking assets.
- The trend has remained relatively stable, ranging between 0.90-0.93 over the past decade.
- Ecuador's banking sector is dominated by private deposit-taking institutions rather than the central bank.
FAQs
Q: What does this economic trend measure?
A: This trend measures the ratio of deposit money bank assets to total bank assets, including central bank assets, in Ecuador. It provides insights into the structure and relative importance of the banking sector in the country's financial system.
Q: Why is this trend relevant for users or analysts?
A: This metric is used to analyze the depth and development of a country's financial intermediation, which is important for understanding the role of the private banking sector in the overall economy.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using information reported by the Ecuadorian central bank and financial authorities.
Q: How is this trend used in economic policy?
A: This trend is relevant for economists and policymakers assessing the structure and development of Ecuador's financial system, which can inform policies related to financial sector regulation, supervision, and promotion of private banking.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, so there may be a delay of up to a year or more in the most recent values being available.
Related Trends
Number of Identified Exporters to Ecuador from South Carolina
SCECUA475SCEN
Net Issues of International Debt Securities for Issuers in Non-Financial Corporations (Corporate Issuers), All Maturities, Residence of Issuer in Ecuador
IDSNFAMRINIEC
Number of Identified Exporters to Ecuador from Oregon
ORECUA475SCEN
Use of Financial Services, Assets: Outstanding Loans at Other Deposit Takers for Ecuador
ECUFCSODDXDC
General Government Gross Debt for Ecuador
ECUGGXWDGGDP
Geographical Outreach: Number of Branches, Excluding Headquarters, for Other Depository Corporations for Ecuador
ECUFCBODNUM
Citation
U.S. Federal Reserve, Deposit Money Bank Assets to Deposit Money Bank Assets and Central Bank Assets for Ecuador (DDDI04ECA156NWDB), retrieved from FRED.