Central Bank Assets to GDP for Solomon Islands
DDDI06SBA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.56
Year-over-Year Change
-20.95%
Date Range
1/1/1980 - 1/1/2021
Summary
The Central Bank Assets to GDP ratio for Solomon Islands measures the total assets held by the central bank as a percentage of the country's gross domestic product. This metric provides insight into the relative size and influence of the central banking system within the national 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 a country's monetary and financial conditions. It reflects the central bank's capacity to implement monetary policy and support the broader financial system. Analysts use this data to assess the scale and role of the central bank in Solomon Islands' economic development.
Methodology
The data is collected and calculated by the World Bank using official sources and national accounts.
Historical Context
Policymakers and economists monitor this ratio to evaluate the central bank's policy stance and its potential impact on economic growth, inflation, and financial stability.
Key Facts
- Solomon Islands' central bank assets were 31.9% of GDP in 2020.
- This ratio has increased from 23.7% in 2010, indicating a growing central bank role.
- The central bank plays a key role in managing the country's fixed exchange rate regime.
FAQs
Q: What does this economic trend measure?
A: The Central Bank Assets to GDP ratio measures the total assets held by the central bank of Solomon Islands as a percentage of the country's gross domestic product.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the relative size and influence of the central banking system within the Solomon Islands economy, which is important for evaluating monetary policy and financial stability.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using official sources and national accounts.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this ratio to assess the central bank's policy stance and its potential impact on economic growth, inflation, and financial stability in Solomon Islands.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so there may be a delay in reflecting the most recent economic conditions.
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Citation
U.S. Federal Reserve, Central Bank Assets to GDP for Solomon Islands (DDDI06SBA156NWDB), retrieved from FRED.