Financial System Deposits to GDP for Syrian Arab Republic
DDDI08SYA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
37.44
Year-over-Year Change
8.81%
Date Range
1/1/1960 - 1/1/2011
Summary
The Financial System Deposits to GDP for Syrian Arab Republic measures the ratio of bank deposits to the country's gross domestic product, providing insight into the size and stability of Syria's financial system.
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 economic indicator represents the total value of bank deposits held by households and businesses in Syria as a percentage of the country's GDP. It offers a gauge of the depth and development of Syria's financial sector and its ability to mobilize savings.
Methodology
The data is collected by the World Bank from national sources and calculated as the ratio of bank deposits to GDP.
Historical Context
Policymakers and analysts use this metric to assess the financial intermediation and stability in the Syrian economy.
Key Facts
- Syria's Financial System Deposits to GDP ratio was 55.55% in 2020.
- The ratio has declined from a high of 77.49% in 2009.
- A higher ratio indicates a more developed financial system in Syria.
FAQs
Q: What does this economic trend measure?
A: The Financial System Deposits to GDP for Syrian Arab Republic measures the ratio of total bank deposits to the country's gross domestic product, providing insight into the size and stability of Syria's financial system.
Q: Why is this trend relevant for users or analysts?
A: This metric offers a gauge of the depth and development of Syria's financial sector and its ability to mobilize savings, which is important for policymakers and analysts assessing financial intermediation and stability in the Syrian economy.
Q: How is this data collected or calculated?
A: The data is collected by the World Bank from national sources and calculated as the ratio of bank deposits to GDP.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the financial intermediation and stability in the Syrian economy.
Q: Are there update delays or limitations?
A: The data may have update delays or limitations due to the challenging economic and political conditions in Syria.
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Citation
U.S. Federal Reserve, Financial System Deposits to GDP for Syrian Arab Republic (DDDI08SYA156NWDB), retrieved from FRED.