Financial System Deposits to GDP for Croatia
DDDI08HRA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
77.25
Year-over-Year Change
22.82%
Date Range
1/1/1995 - 1/1/2021
Summary
The 'Financial System Deposits to GDP for Croatia' trend measures the total deposits in Croatia's financial system as a percentage of its gross domestic product (GDP). This metric is a key indicator of the depth and development of Croatia's financial sector.
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 provides insights into the size and stability of a country's banking and financial system relative to its overall economic output. It is used by economists and policymakers to assess the financial intermediation capacity and level of financial inclusion in an economy.
Methodology
This data is collected and calculated by the World Bank using national account and financial sector data reported by the Croatian National Bank.
Historical Context
Policymakers and analysts use this metric to evaluate the financial sector's ability to mobilize savings and allocate capital to support economic growth and development.
Key Facts
- Croatia's financial system deposits were 78.3% of GDP in 2020.
- The deposits-to-GDP ratio has fluctuated between 70-90% over the past decade.
- A high ratio indicates a well-developed financial system that effectively channels savings into investment.
FAQs
Q: What does this economic trend measure?
A: The 'Financial System Deposits to GDP for Croatia' trend measures the total deposits held in Croatia's banks, insurance companies, pension funds, and other financial institutions as a percentage of the country's gross domestic product.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the depth and development of Croatia's financial sector, which is crucial for mobilizing savings, allocating capital, and supporting overall economic growth and stability.
Q: How is this data collected or calculated?
A: The World Bank collects this data from the Croatian National Bank, which reports national account and financial sector information.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the deposits-to-GDP ratio to evaluate the financial system's ability to channel savings into productive investment and support economic development in Croatia.
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. The metric also does not provide a detailed breakdown of the deposit sources or distribution within the financial system.
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Citation
U.S. Federal Reserve, Financial System Deposits to GDP for Croatia (DDDI08HRA156NWDB), retrieved from FRED.