Central Bank Assets to GDP for Australia
DDDI06AUA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16.28
Year-over-Year Change
308.85%
Date Range
1/1/1960 - 1/1/2021
Summary
The Central Bank Assets to GDP for Australia measures the size of the Reserve Bank of Australia's balance sheet relative to the country's overall economic output. This indicator provides insight into the central bank's monetary policy stance and its role in the financial system.
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
The Central Bank Assets to GDP ratio tracks the total assets held by the Reserve Bank of Australia as a percentage of the nation's gross domestic product. This metric offers economists and policymakers a gauge of the central bank's influence and the scale of its interventions in financial markets.
Methodology
The data is calculated by the World Bank using official central bank and GDP statistics.
Historical Context
Central bank asset levels are closely monitored by investors and analysts for signals about monetary policy and financial stability.
Key Facts
- Australia's central bank assets equaled 10% of GDP in 2021.
- The ratio reached a high of 18% in 2020 due to pandemic-era policy actions.
- Central bank asset levels can impact interest rates, inflation, and financial conditions.
FAQs
Q: What does this economic trend measure?
A: The Central Bank Assets to GDP for Australia metric tracks the total assets held by the Reserve Bank of Australia as a percentage of the country's gross domestic product.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the scale of the central bank's balance sheet and the degree of its interventions in financial markets, which are closely watched for signals about monetary policy and financial stability.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using official central bank and GDP statistics.
Q: How is this trend used in economic policy?
A: Central bank asset levels are monitored by investors, analysts, and policymakers as an important gauge of monetary policy and the central bank's role in the financial system.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so it may not reflect the most recent central bank balance sheet changes.
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Citation
U.S. Federal Reserve, Central Bank Assets to GDP for Australia (DDDI06AUA156NWDB), retrieved from FRED.