Central Bank Assets to GDP for Colombia
DDDI06COA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.65
Year-over-Year Change
254.00%
Date Range
1/1/1960 - 1/1/2021
Summary
The Central Bank Assets to GDP for Colombia measures the ratio of a country's central bank assets to its gross domestic product. This metric provides insights into the size and role of the central bank in the Colombian economy.
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 is a key indicator of the relative size and influence of a country's central banking system. It reflects the central bank's holdings of various assets, including foreign exchange reserves, government securities, and loans to financial institutions, in relation to the overall size of the economy.
Methodology
The data is collected and calculated by the World Bank based on central bank balance sheet information and GDP statistics.
Historical Context
Analysts and policymakers use this metric to assess the monetary and financial stability of the Colombian economy.
Key Facts
- Colombia's central bank assets-to-GDP ratio was 13.3% in 2020.
- The ratio has fluctuated between 10-15% over the past decade.
- Central bank assets include foreign exchange reserves, government securities, and loans to financial institutions.
FAQs
Q: What does this economic trend measure?
A: The Central Bank Assets to GDP for Colombia measures the size of the central bank's holdings relative to the country's gross domestic product.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the role and influence of the central bank within the Colombian economy, which is useful for assessing monetary policy and financial stability.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on central bank balance sheet information and GDP statistics.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this metric to evaluate the size and relative importance of the central bank within the Colombian financial system and economy.
Q: Are there update delays or limitations?
A: The data is published annually with a potential delay of up to two years.
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Citation
U.S. Federal Reserve, Central Bank Assets to GDP for Colombia (DDDI06COA156NWDB), retrieved from FRED.