Central Bank Assets to GDP for Jamaica

DDDI06JMA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

14.82

Year-over-Year Change

19.01%

Date Range

1/1/1960 - 1/1/2021

Summary

The Central Bank Assets to GDP for Jamaica measures the total assets held by the central bank as a percentage of the country's gross domestic product. This trend provides insights into the size and scope of the central bank's activities in the Jamaican 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 the central bank within a national economy. It can signal the bank's capacity to implement monetary policy and manage economic stability.

Methodology

The data is calculated by the World Bank using official central bank and GDP statistics.

Historical Context

Policymakers and analysts use this metric to assess the central bank's role and potential impact on the Jamaican economy.

Key Facts

  • Jamaica's central bank assets were 25.3% of GDP in 2020.
  • The ratio has declined from a high of 35.2% in 2010.
  • Central bank assets provide liquidity and help manage exchange rates.

FAQs

Q: What does this economic trend measure?

A: The Central Bank Assets to GDP for Jamaica measures the total assets held by the Jamaican central bank as a percentage of the country's gross domestic product.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insights into the size and influence of the central bank within the Jamaican economy, which is important for assessing monetary policy and economic 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: Policymakers and analysts use this metric to evaluate the central bank's capacity to implement monetary policy and manage the Jamaican economy.

Q: Are there update delays or limitations?

A: The data is published annually with a delay, so it may not reflect the most recent changes in the Jamaican economy.

Related Trends

Citation

U.S. Federal Reserve, Central Bank Assets to GDP for Jamaica (DDDI06JMA156NWDB), retrieved from FRED.