Central Bank Assets to GDP for Djibouti
DDDI06DJA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.61
Year-over-Year Change
80.74%
Date Range
1/1/1993 - 1/1/2021
Summary
This metric tracks the central bank assets of Djibouti as a percentage of its gross domestic product (GDP), providing insight into the size and role of the central bank in the 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 measures the financial resources and influence of Djibouti's central bank relative to the overall size of the economy. It is a key indicator of monetary policy strength and the central bank's capacity to support economic stability and growth.
Methodology
The data is collected and calculated by the World Bank using national central bank and GDP figures.
Historical Context
This trend is closely monitored by policymakers, investors, and economists to assess Djibouti's monetary and fiscal policy dynamics.
Key Facts
- Djibouti's central bank assets were 23.5% of GDP in 2020.
- The ratio has fluctuated between 15-25% over the past decade.
- Djibouti uses the Djiboutian franc as its national currency.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total assets held by Djibouti's central bank as a percentage of the country's gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: The central bank assets to GDP ratio provides insight into the size, influence, and policy capacity of Djibouti's monetary authority, which is crucial for assessing the country's economic and financial stability.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using official reports from Djibouti's central bank and GDP figures.
Q: How is this trend used in economic policy?
A: Policymakers, investors, and economists monitor this trend to evaluate Djibouti's monetary policy, exchange rate management, and the central bank's ability to support the broader economy.
Q: Are there update delays or limitations?
A: The data is published annually with a lag of 1-2 years, so the most recent figures may not reflect the current economic conditions in Djibouti.
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Citation
U.S. Federal Reserve, Central Bank Assets to GDP for Djibouti (DDDI06DJA156NWDB), retrieved from FRED.