Financial System Deposits to GDP for the Plurinational State of Bolivia
DDDI08BOA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
77.91
Year-over-Year Change
65.30%
Date Range
1/1/1960 - 1/1/2021
Summary
This economic trend measures the ratio of financial system deposits to the gross domestic product (GDP) in Bolivia. It provides insight into the depth and development of the country's financial system.
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 Financial System Deposits to GDP ratio represents the total value of deposits held in financial institutions, including banks and other depository corporations, relative to the overall size of Bolivia's economy as measured by GDP. This metric is used by economists and policymakers to assess the level of financial intermediation and inclusion in the country.
Methodology
The data is collected and calculated by the World Bank based on official national accounts and financial sector statistics.
Historical Context
This trend is relevant for understanding the stability and maturity of Bolivia's financial markets and can inform economic and regulatory policies.
Key Facts
- Bolivia's financial system deposits were 49.6% of GDP in 2020.
- The ratio has increased from 38.5% in 2010, indicating financial deepening.
- Bolivia's financial deposits are lower than the Latin American average of 55% of GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the ratio of total financial system deposits, including banks and other depository institutions, to the gross domestic product (GDP) in Bolivia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the depth and development of Bolivia's financial system, which is relevant for assessing financial inclusion, stability, and the overall maturity of the country's economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on official national accounts and financial sector statistics.
Q: How is this trend used in economic policy?
A: This trend can inform economic and regulatory policies aimed at promoting financial deepening and inclusion in Bolivia's markets.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so the most recent year may not be immediately available.
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Citation
U.S. Federal Reserve, Financial System Deposits to GDP for the Plurinational State of Bolivia (DDDI08BOA156NWDB), retrieved from FRED.