Deposit Money Bank Assets to Deposit Money Bank Assets and Central Bank Assets for Papua New Guinea
DDDI04PGA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
89.95
Year-over-Year Change
-7.66%
Date Range
1/1/1973 - 1/1/2020
Summary
This economic trend measures the ratio of deposit money bank assets to the total assets of deposit money banks and the central bank in Papua New Guinea. It provides insights into the relative size and 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 is a key indicator of the structure and development of a country's financial sector. It reflects the dominance of deposit-taking institutions compared to the central bank in providing financial services and intermediation.
Methodology
The data is collected and calculated by the World Bank based on reports from national central banks and financial authorities.
Historical Context
This trend is widely used by economists, policymakers, and analysts to assess the depth and maturity of Papua New Guinea's financial system.
Key Facts
- The ratio was 0.97 in 2020.
- Papua New Guinea's ratio is higher than the global average.
- The trend has remained relatively stable over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the ratio of deposit money bank assets to the total assets of deposit money banks and the central bank in Papua New Guinea. It reflects the relative importance of the banking sector compared to the central bank in the country's financial system.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the depth and development of Papua New Guinea's financial sector, which is crucial for understanding the country's economic growth potential and financial stability.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on reports from Papua New Guinea's central bank and financial authorities.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the structure and maturity of Papua New Guinea's financial system, which informs decisions on financial sector regulation, development strategies, and monetary policy.
Q: Are there update delays or limitations?
A: The data is updated annually by the World Bank, and there may be some delays in reporting from national sources.
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Citation
U.S. Federal Reserve, Deposit Money Bank Assets to Deposit Money Bank Assets and Central Bank Assets for Papua New Guinea (DDDI04PGA156NWDB), retrieved from FRED.