Financial System Deposits to GDP for Namibia
DDDI08NAA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
70.13
Year-over-Year Change
13.92%
Date Range
1/1/1990 - 1/1/2021
Summary
The Financial System Deposits to GDP for Namibia measures the size of a country's financial system relative to its economic output, providing insights into financial sector development.
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 financial institutions, including both banks and non-bank financial institutions, as a percentage of the country's gross domestic product (GDP). It is a key metric for assessing the depth and breadth of a nation's financial system.
Methodology
The data is collected and calculated by the World Bank as part of its World Development Indicators database.
Historical Context
Policymakers and analysts use this metric to evaluate financial sector stability and the extent to which the economy is banked or financialized.
Key Facts
- Namibia's Financial System Deposits to GDP ratio was 47.7% in 2020.
- This indicator has increased from 38.9% in 2010, reflecting financial sector growth.
- Namibia's ratio is higher than the Sub-Saharan Africa regional average of 39.4%.
FAQs
Q: What does this economic trend measure?
A: The Financial System Deposits to GDP for Namibia measures the total value of deposits held in financial institutions as a percentage of the country's gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the depth and development of Namibia's financial sector, which is an important factor in economic growth and stability.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank as part of its World Development Indicators database.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to evaluate financial sector stability and the extent to which the Namibian economy is banked or financialized.
Q: Are there update delays or limitations?
A: The data is updated annually, and may be subject to revisions by the World Bank.
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Bank's Non-Interest Income to Total Income for Namibia
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Nominal Effective Exchange Rate as Based on Consumer Price Index for Namibia
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Population ages 65 and above for Namibia
SPPOP65UPTOZSNAM
Number of Identified Exporters to Namibia from Kansas
KSNAMA475SCEN
Use of Financial Services: Key Indicators, Borrowers from Commercial Banks Per 1000 Adults for Namibia
NAMFCRODCANUM
Citation
U.S. Federal Reserve, Financial System Deposits to GDP for Namibia (DDDI08NAA156NWDB), retrieved from FRED.