Central Bank Assets to GDP for Saint Vincent and the Grenadines
DDDI06VCA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.61
Year-over-Year Change
857.21%
Date Range
1/1/1975 - 1/1/2021
Summary
This trend measures the central bank assets as a percentage of the gross domestic product (GDP) for Saint Vincent and the Grenadines. It provides insights into the size and relative importance of the central bank within the country's overall 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 central bank's role and influence in the national economy. It reflects the bank's capacity to implement monetary policy and provide financial stability through its asset holdings and operations.
Methodology
The data is collected and calculated by the World Bank based on official central bank and national accounts statistics.
Historical Context
Policymakers and economists use this metric to assess the financial system's development and the central bank's capacity to support economic growth.
Key Facts
- Saint Vincent and the Grenadines' central bank assets are around 20% of its GDP.
- The ratio has remained relatively stable over the past decade.
- Central bank assets include foreign exchange reserves, government securities, and loans to the financial sector.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total assets held by the central bank of Saint Vincent and the Grenadines 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 is an important indicator of the central bank's role and influence within the national economy. It provides insights into the bank's capacity to implement monetary policy and support financial stability.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on official central bank and national accounts statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess the financial system's development and the central bank's capacity to support economic growth through its asset holdings and operations.
Q: Are there update delays or limitations?
A: The data is updated annually by the World Bank, and there may be some delays in publishing the latest figures.
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Citation
U.S. Federal Reserve, Central Bank Assets to GDP for Saint Vincent and the Grenadines (DDDI06VCA156NWDB), retrieved from FRED.