Liquid Liabilities to GDP for Estonia
DDDI05EEA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
96.01
Year-over-Year Change
65.81%
Date Range
1/1/2004 - 1/1/2021
Summary
The 'Liquid Liabilities to GDP for Estonia' trend measures the size of a country's financial system relative to its economy. It is an important indicator of financial development and can provide insights into economic 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 the total value of currency and deposits in an economy. This metric gives a sense of the overall depth and accessibility of financial services, which is crucial for investment, credit access, and economic growth.
Methodology
The data is calculated by the World Bank using information on currency, deposits, and other financial aggregates.
Historical Context
Policymakers and analysts use this indicator to assess the health and maturity of Estonia's financial sector and its potential to support broader economic activity.
Key Facts
- Estonia's liquid liabilities to GDP ratio was 77.1% in 2020.
- The ratio has steadily increased from 49.5% in 1995.
- A higher ratio indicates a more developed financial system.
FAQs
Q: What does this economic trend measure?
A: The 'Liquid Liabilities to GDP for Estonia' metric measures the size of Estonia's financial system relative to its overall economy.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into the depth and accessibility of Estonia's financial services, which is crucial for investment, credit access, and economic growth.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using information on currency, deposits, and other financial aggregates.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to assess the health and maturity of Estonia's financial sector and its potential to support broader economic activity.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, so there may be a delay in the most recent figures.
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Citation
U.S. Federal Reserve, Liquid Liabilities to GDP for Estonia (DDDI05EEA156NWDB), retrieved from FRED.