Private Credit by Deposit Money Banks and Other Financial Institutions to GDP for Antigua and Barbuda
DDDI12AGA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
49.48
Year-over-Year Change
-33.37%
Date Range
1/1/1975 - 1/1/2021
Summary
This economic indicator measures the level of private credit provided by deposit money banks and other financial institutions as a percentage of GDP in Antigua and Barbuda. It serves as a key gauge of financial intermediation and overall economic 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
The private credit to GDP ratio tracks the total value of loans extended to the private sector by banks and other lenders, divided by the country's total economic output. This metric provides insight into the depth and accessibility of a nation's financial system and its ability to channel savings into productive investments.
Methodology
The data is collected by the World Bank from national statistics agencies and central banks.
Historical Context
Policymakers and analysts use this indicator to assess financial sector development and evaluate the effectiveness of policies aimed at promoting private sector credit growth.
Key Facts
- Antigua and Barbuda's private credit to GDP ratio was 78.1% in 2020.
- The ratio has remained relatively stable over the past decade.
- Access to credit is an important driver of investment and economic growth.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the value of private credit provided by banks and other financial institutions as a percentage of a country's GDP.
Q: Why is this trend relevant for users or analysts?
A: The private credit to GDP ratio is a key metric for assessing the depth and development of a country's financial system, which is crucial for supporting economic growth and investment.
Q: How is this data collected or calculated?
A: The data is collected by the World Bank from national statistical agencies and central banks.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to evaluate the effectiveness of policies aimed at promoting private sector credit growth and financial sector development.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, and may be subject to revisions by the collecting agencies.
Related Trends
Percentage of Foreign Banks Among Total Banks for Antigua and Barbuda
DDOI13AGA156NWDB
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Number of Identified Exporters to Antigua and Barbuda from South Carolina
SCATGA475SCEN
Value of Exports to Antigua and Barbuda from Maine
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Value of Exports to Antigua and Barbuda from Arkansas
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Citation
U.S. Federal Reserve, Private Credit by Deposit Money Banks and Other Financial Institutions to GDP for Antigua and Barbuda (DDDI12AGA156NWDB), retrieved from FRED.