Financial System Deposits to GDP for Islamic Republic of Iran
DDDI08IRA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
85.26
Year-over-Year Change
135.63%
Date Range
1/1/1961 - 1/1/2016
Summary
The Financial System Deposits to GDP for Islamic Republic of Iran measures the size of the country's financial system relative to its overall economy. This metric is important for economists and policymakers to assess the development and stability of Iran'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
This indicator represents the total value of deposits held in Iran's financial institutions, including banks and other depository corporations, divided by the country's gross domestic product. It provides insight into the depth and intermediation capacity of Iran's financial system.
Methodology
The data is collected and calculated by the World Bank based on national accounts and financial sector data.
Historical Context
Financial system deposits to GDP is a key indicator used to evaluate a country's financial development and the ability of its financial sector to channel savings into productive investments.
Key Facts
- Iran's financial system deposits were 53.8% of GDP in 2020.
- This indicator has declined from a high of 59.1% in 2011.
- Financial depth is lower in Iran compared to other Middle Eastern economies.
FAQs
Q: What does this economic trend measure?
A: The Financial System Deposits to GDP for Islamic Republic of Iran measures the total value of deposits held in Iran's financial institutions, including banks and other depository corporations, divided by the country's gross domestic product.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the depth and intermediation capacity of Iran's financial system, which is important for assessing the development and stability of the country's financial sector.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on national accounts and financial sector data.
Q: How is this trend used in economic policy?
A: Financial system deposits to GDP is a key indicator used to evaluate a country's financial development and the ability of its financial sector to channel savings into productive investments, making it relevant for policymakers and analysts.
Q: Are there update delays or limitations?
A: The data is subject to the timeliness of national accounts and financial sector reporting in Iran, which may result in some update delays.
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Citation
U.S. Federal Reserve, Financial System Deposits to GDP for Islamic Republic of Iran (DDDI08IRA156NWDB), retrieved from FRED.