Deposit Money Bank Assets to Deposit Money Bank Assets and Central Bank Assets for Philippines
DDDI04PHA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
89.44
Year-over-Year Change
-3.60%
Date Range
1/1/1960 - 1/1/2021
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 the Philippines. 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 role and dominance of commercial banks versus the central bank in a country's financial landscape. It can be used to assess the development and efficiency of the banking sector.
Methodology
The data is collected and calculated by the World Bank based on reports from the Central Bank of the Philippines.
Historical Context
This trend is widely used by economists, policymakers, and investors to evaluate the financial stability and growth potential of the Philippine economy.
Key Facts
- The ratio reached a high of 0.98 in 2020.
- The Philippines has a relatively large and developed banking sector.
- This trend has remained 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 the Philippines. It provides insights into the relative size and importance of the banking sector in the country's financial system.
Q: Why is this trend relevant for users or analysts?
A: This trend is a key indicator of the development and efficiency of the banking sector in the Philippines. It is widely used by economists, policymakers, and investors to evaluate the financial stability and growth potential of the Philippine economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on reports from the Central Bank of the Philippines.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, central banks, and financial institutions to assess the financial stability and growth potential of the Philippine economy, and to inform policy decisions related to banking regulation, monetary policy, and financial sector development.
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 or publication. Additionally, the data may be subject to revisions or changes in methodology over time.
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Citation
U.S. Federal Reserve, Deposit Money Bank Assets to Deposit Money Bank Assets and Central Bank Assets for Philippines (DDDI04PHA156NWDB), retrieved from FRED.