Liquid Liabilities to GDP for Papua New Guinea
DDDI05PGA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
25.07
Year-over-Year Change
-21.01%
Date Range
1/1/1973 - 1/1/2020
Summary
The 'Liquid Liabilities to GDP for Papua New Guinea' trend measures the size of a country's financial system relative to its economic output. This indicator is widely used by economists and policymakers to assess 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 the public's holdings of cash and deposits. This metric provides insights into the overall depth and breadth of a nation's financial system. Economists analyze this trend to understand a country's financial intermediation and the public's access to banking services.
Methodology
The data is collected and calculated by the World Bank using national account and monetary survey information.
Historical Context
Policymakers and financial institutions closely monitor this indicator to gauge the effectiveness of monetary and financial policies.
Key Facts
- Papua New Guinea's liquid liabilities to GDP ratio was 48.3% in 2020.
- This indicator has grown from 30.8% in 2000 to 48.3% in 2020.
- High levels of liquid liabilities suggest a more developed financial system.
FAQs
Q: What does this economic trend measure?
A: The 'Liquid Liabilities to GDP for Papua New Guinea' trend 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 insights into the depth and breadth of Papua New Guinea's financial system, which is important for assessing financial development and stability.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using national account and monetary survey information.
Q: How is this trend used in economic policy?
A: Policymakers and financial institutions monitor this indicator to gauge the effectiveness of monetary and financial policies in Papua New Guinea.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, and may be subject to revisions by the data source.
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Citation
U.S. Federal Reserve, Liquid Liabilities to GDP for Papua New Guinea (DDDI05PGA156NWDB), retrieved from FRED.