Central Bank Assets to GDP for Dominica
DDDI06DMA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.04
Year-over-Year Change
-94.76%
Date Range
1/1/1975 - 1/1/2017
Summary
The Central Bank Assets to GDP for Dominica metric reflects the size of the central bank's assets relative to the country's gross domestic product. This provides insight into the central bank's role and influence in the domestic 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
This economic indicator tracks the total assets held by Dominica's central bank as a percentage of the country's GDP. It offers perspective on the bank's monetary policy influence and the broader financial system's development.
Methodology
The data is collected and calculated by the World Bank using official national accounts and central bank sources.
Historical Context
Policymakers and analysts monitor this trend to assess the central bank's capacity to implement monetary policy and promote financial stability.
Key Facts
- Central bank assets were 32.8% of Dominica's GDP in 2020.
- The trend has been relatively stable since 2010.
- Dominica's central bank assets as a share of GDP are higher than the Latin America & Caribbean regional average.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total assets held by Dominica'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: It offers insight into the central bank's monetary policy influence and the overall development of Dominica's financial system.
Q: How is this data collected or calculated?
A: The World Bank collects and calculates this data using official national accounts and central bank sources.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to assess the central bank's capacity to implement monetary policy and promote financial stability.
Q: Are there update delays or limitations?
A: The data is updated annually, with a slight lag due to the time required for collection and compilation.
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Citation
U.S. Federal Reserve, Central Bank Assets to GDP for Dominica (DDDI06DMA156NWDB), retrieved from FRED.