Financial System Deposits to GDP for Brazil
DDDI08BRA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
71.39
Year-over-Year Change
38.47%
Date Range
1/1/1960 - 1/1/2021
Summary
The 'Financial System Deposits to GDP for Brazil' indicator tracks the ratio of total deposits held in Brazil's financial system to the country's gross domestic product (GDP). This metric provides insights into the size and depth of Brazil's banking sector relative to the 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
This trend represents the total value of deposits held in Brazil's commercial banks, central bank, and other financial institutions as a percentage of the country's GDP. It is an important indicator of financial intermediation and the level of monetization within the Brazilian economy.
Methodology
The data is collected and calculated by the World Bank using official government and central bank sources.
Historical Context
Policymakers and economists use this indicator to assess the development and stability of Brazil's financial system and its ability to support economic growth.
Key Facts
- Brazil's financial system deposits-to-GDP ratio was 58.6% in 2020.
- The ratio has increased from 31.9% in 2000, indicating financial deepening.
- Higher ratios are generally associated with more developed financial systems.
FAQs
Q: What does this economic trend measure?
A: The 'Financial System Deposits to GDP for Brazil' indicator tracks the total value of deposits held in Brazil's commercial banks, central bank, and other financial institutions as a percentage of the country's GDP.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the size and depth of Brazil's banking sector relative to the overall economy, which is an important indicator of financial intermediation and the level of monetization within the Brazilian economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using official government and central bank sources.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this indicator to assess the development and stability of Brazil's financial system and its ability to support economic growth.
Q: Are there update delays or limitations?
A: The data is published with a lag, and there may be occasional revisions to historical values.
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Citation
U.S. Federal Reserve, Financial System Deposits to GDP for Brazil (DDDI08BRA156NWDB), retrieved from FRED.