Liquid Liabilities to GDP for Philippines
DDDI05PHA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
70.42
Year-over-Year Change
18.53%
Date Range
1/1/1960 - 1/1/2021
Summary
The 'Liquid Liabilities to GDP for Philippines' 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 and growth.
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 liabilities of financial institutions. This ratio gives a sense of the overall depth and accessibility of a country's financial system, which is crucial for channeling savings into productive investments.
Methodology
The data is calculated by the World Bank as the ratio of liquid liabilities to GDP.
Historical Context
Policymakers and analysts use this metric to assess a country's financial sector development and identify opportunities for expanding access to financial services.
Key Facts
- The Philippines' liquid liabilities to GDP ratio was 0.785 in 2020.
- Broad money is a key indicator of financial deepening in emerging economies.
- Higher liquid liabilities to GDP is associated with greater financial intermediation and economic development.
FAQs
Q: What does this economic trend measure?
A: The 'Liquid Liabilities to GDP for Philippines' trend measures the size of the country's financial system relative to its overall economy.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the depth and accessibility of the Philippines' financial sector, which is crucial for channeling savings into productive investments and supporting economic growth.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank as the ratio of liquid liabilities to GDP.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess a country's financial sector development and identify opportunities for expanding access to financial services.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank with some potential delays in availability.
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Citation
U.S. Federal Reserve, Liquid Liabilities to GDP for Philippines (DDDI05PHA156NWDB), retrieved from FRED.