Liquid Liabilities to GDP for Guinea
DDDI05GNA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26.14
Year-over-Year Change
50.48%
Date Range
1/1/1991 - 1/1/2021
Summary
The Liquid Liabilities to GDP for Guinea metric measures the size of a country's financial system relative to its economic output. It is a key indicator of 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 to GDP is a broad measure of the size of the financial sector. It includes the total value of currency and deposits held by the central bank, deposit money banks, and other financial institutions as a percentage of the country's GDP. This metric provides insights into the depth and accessibility of the financial system.
Methodology
The data is collected and calculated by the World Bank using information reported by national statistical agencies.
Historical Context
Economists and policymakers use this indicator to evaluate the development and efficiency of a country's financial infrastructure.
Key Facts
- Guinea's Liquid Liabilities to GDP ratio was 25.6% in 2020.
- The metric has increased from 17.7% in 2000, 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 metric measures the size of a country's financial system relative to its overall economic output.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into the depth and accessibility of a country's financial infrastructure, which is important for evaluating economic development and financial stability.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using information reported by national statistical agencies.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this indicator to assess the development and efficiency of a country's financial system, which is crucial for supporting economic growth and stability.
Q: Are there update delays or limitations?
A: The data may be subject to reporting lags or revisions by the source agency.
Related Trends
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GINFCAANUM
Number of Identified Exporters to Guinea from Idaho
IDGINA475SCEN
Use of Financial Services Borrowers: Small and Medium Enterprises Borrowing from Deposit Taking Microfinance Institutions (MFIs) for Guinea
GINFCRODMFSPENUM
Use of Financial Services, Liabilities: Outstanding Deposits for Non-life Insurance at Insurance Corporations for Guinea
GINFCLOFINPXDC
Number of Identified Exporters to Guinea from Washington
WAGINA475SCEN
Geographical Outreach: Number of Branches, Excluding Headquarters, for Deposit Taking Microfinance Institutions (MFIs) for Guinea
GINFCBODMFNUM
Citation
U.S. Federal Reserve, Liquid Liabilities to GDP for Guinea (DDDI05GNA156NWDB), retrieved from FRED.