Central Bank Assets to GDP for Saint Kitts and Nevis
DDDI06KNA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.10
Year-over-Year Change
156.38%
Date Range
1/1/1979 - 1/1/2020
Summary
This economic trend measures the central bank assets as a percentage of GDP in Saint Kitts and Nevis. It provides insight into the size and role of the central banking system in the country's 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 an important indicator of the relative size and influence of a country's central banking system. It can signal the degree of state intervention and financial system development.
Methodology
The data is calculated by the World Bank using national accounts and central bank balance sheet information.
Historical Context
Policymakers and economists analyze this trend to assess monetary and fiscal policy stances.
Key Facts
- Saint Kitts and Nevis' central bank assets were 31.9% of GDP in 2020.
- This ratio has decreased from a high of 36.5% in 2015.
- The global average central bank assets to GDP ratio is around 20%.
FAQs
Q: What does this economic trend measure?
A: This trend measures the size of central bank assets in Saint Kitts and Nevis as a percentage of the country's GDP.
Q: Why is this trend relevant for users or analysts?
A: The central bank assets to GDP ratio provides insight into the relative size and influence of the central banking system, which is important for assessing monetary and fiscal policy.
Q: How is this data collected or calculated?
A: The World Bank calculates this ratio using national accounts data and central bank balance sheet information.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this trend to evaluate the stance of monetary and fiscal policies and the development of the financial system.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, and may not capture recent changes in central bank assets or GDP.
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Citation
U.S. Federal Reserve, Central Bank Assets to GDP for Saint Kitts and Nevis (DDDI06KNA156NWDB), retrieved from FRED.