Liquid Liabilities to GDP for Colombia
DDDI05COA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
55.21
Year-over-Year Change
197.95%
Date Range
1/1/1960 - 1/1/2021
Summary
The 'Liquid Liabilities to GDP for Colombia' is an economic indicator that measures the size of a country's financial system relative to its overall economy. It is an important metric for assessing financial development and stability.
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
Liquid liabilities, also known as broad money, include currency, deposits, and other financial instruments. This ratio provides insight into the depth and breadth of Colombia's financial sector and its ability to facilitate economic transactions and capital allocation.
Methodology
The data is compiled by the World Bank using national accounts and monetary survey information.
Historical Context
Policymakers and analysts use this metric to evaluate financial sector development and the potential impact on economic growth.
Key Facts
- Colombia's liquid liabilities to GDP ratio was 48.4% in 2020.
- The ratio has increased from around 25% in the 1960s, indicating financial sector growth.
- A higher ratio suggests a more developed financial system.
FAQs
Q: What does this economic trend measure?
A: The 'Liquid Liabilities to GDP' ratio measures the size of a country's financial system relative to its overall economy. It provides insight into the depth and breadth of the financial sector.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for evaluating financial sector development and its potential impact on economic growth. It helps policymakers and analysts assess the ability of the financial system to facilitate transactions and capital allocation.
Q: How is this data collected or calculated?
A: The data is compiled by the World Bank using national accounts and monetary survey information.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess financial sector development and its implications for economic growth and stability. It informs policy decisions related to financial regulation, access to credit, and capital market development.
Q: Are there update delays or limitations?
A: The data is subject to the availability and timeliness of national accounts and monetary survey information provided by the Colombian government to the World Bank.
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Citation
U.S. Federal Reserve, Liquid Liabilities to GDP for Colombia (DDDI05COA156NWDB), retrieved from FRED.