Financial System Deposits to GDP for Saudi Arabia
DDDI08SAA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
38.75
Year-over-Year Change
116.48%
Date Range
1/1/1968 - 1/1/2017
Summary
The Financial System Deposits to GDP trend measures the total value of deposits held in the Saudi Arabian financial system as a percentage of the country's Gross Domestic Product (GDP).
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 provides insights into the relative size and importance of the Saudi Arabian banking and financial sector. It is a key metric used by economists and policymakers to assess the depth and development of the country's financial system.
Methodology
The data is collected and calculated by the World Bank using official government and central bank sources.
Historical Context
Monitoring this trend is important for understanding the stability and intermediation capacity of Saudi Arabia's financial markets.
Key Facts
- Saudi Arabia's Financial System Deposits to GDP ratio was 73.7% in 2020.
- This metric has increased from 52.3% in 2000, indicating growing financial depth.
- Saudi Arabia has one of the largest banking sectors in the Gulf Cooperation Council region.
FAQs
Q: What does this economic trend measure?
A: The Financial System Deposits to GDP trend measures the total value of deposits held in the Saudi Arabian financial system as a percentage of the country's Gross Domestic Product (GDP).
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into the relative size and importance of the Saudi Arabian banking and financial sector, which is a key metric used by economists and policymakers to assess the depth and development of the country's financial system.
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: Monitoring this trend is important for understanding the stability and intermediation capacity of Saudi Arabia's financial markets, which is relevant for economic policymakers and analysts.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so there may be a delay in accessing the most recent figures.
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Citation
U.S. Federal Reserve, Financial System Deposits to GDP for Saudi Arabia (DDDI08SAA156NWDB), retrieved from FRED.