Liquid Liabilities to GDP for Guinea-Bissau
DDDI05GWA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
48.45
Year-over-Year Change
130.84%
Date Range
1/1/1987 - 1/1/2020
Summary
The 'Liquid Liabilities to GDP for Guinea-Bissau' trend measures the size of a country's financial system relative to its economic output. It is an important indicator of financial development and the overall depth of the financial sector.
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 and deposits in the central bank, plus transferable deposits and electronic currency held by parties other than the central government. This metric provides insight into the financial resources available to fund economic activity in Guinea-Bissau.
Methodology
The data is collected and calculated by the World Bank using national accounts and monetary survey statistics.
Historical Context
Policymakers and analysts use this indicator to assess the financial infrastructure and liquidity of the Guinea-Bissau economy.
Key Facts
- Liquid liabilities include currency, deposits, and other financial instruments.
- Higher liquid liabilities to GDP indicates a more developed financial system.
- Guinea-Bissau's liquid liabilities were 44.6% of GDP in 2020.
FAQs
Q: What does this economic trend measure?
A: The 'Liquid Liabilities to GDP for Guinea-Bissau' metric measures the size of the country's financial system relative to its overall economic output.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the depth and development of Guinea-Bissau's financial sector, which is relevant for understanding the resources available to fund economic activity.
Q: How is this data collected or calculated?
A: The World Bank collects and calculates this data using national accounts and monetary survey statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to assess the financial infrastructure and liquidity of the Guinea-Bissau economy.
Q: Are there update delays or limitations?
A: The data may have update delays due to the time required for national statistical agencies to collect and report the underlying information.
Related Trends
Value of Exports to Guinea-Bissau from Arizona
AZGNBA052SCEN
Geographical Outreach: Number of Commercial Banks for Guinea-Bissau
GNBFCIODCNUM
Number of Identified Exporters to Guinea-Bissau from Pennsylvania
PAGNBA475SCEN
Geographical Outreach: Key Indicators ATMs Per 100,000 Adults for Guinea-Bissau
GNBFCAANUM
Geographical Outreach: Key Indicators, All MFI Branches Per 1000 Km2 for Guinea-Bissau
GNBFCBODMFKNUM
Number of Identified Exporters to Guinea-Bissau from Tennessee
TNGNBA475SCEN
Citation
U.S. Federal Reserve, Liquid Liabilities to GDP for Guinea-Bissau (DDDI05GWA156NWDB), retrieved from FRED.