Financial System Deposits to GDP for Chad
DDDI08TDA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.14
Year-over-Year Change
167.80%
Date Range
1/1/1970 - 1/1/2019
Summary
The Financial System Deposits to GDP for Chad is an economic indicator that measures the total value of deposits held in the Chadian 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 metric provides insight into the depth and development of Chad's financial sector. It is used by economists and policymakers to assess the level of financial intermediation and the ability of the banking system to mobilize domestic savings.
Methodology
The data is collected and reported by the World Bank as part of their Financial Development and Structure Dataset.
Historical Context
This indicator is relevant for understanding financial sector stability and the potential for economic growth in Chad.
Key Facts
- Chad's Financial System Deposits to GDP ratio was 12.78% in 2020.
- The indicator has shown a generally increasing trend over the past decade.
- Higher deposit levels indicate a more developed financial system in Chad.
FAQs
Q: What does this economic trend measure?
A: The Financial System Deposits to GDP for Chad measures the total value of deposits held in the Chadian 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 metric provides insight into the depth and development of Chad's financial sector, which is important for understanding financial stability and the potential for economic growth.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank as part of their Financial Development and Structure Dataset.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this indicator to assess the level of financial intermediation and the ability of the banking system to mobilize domestic savings in Chad.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, so there may be a delay of up to a year or more in the most recent information being available.
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Citation
U.S. Federal Reserve, Financial System Deposits to GDP for Chad (DDDI08TDA156NWDB), retrieved from FRED.