Private Credit by Deposit Money Banks and Other Financial Institutions to GDP for Djibouti
DDDI12DJA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.72
Year-over-Year Change
-13.39%
Date Range
1/1/1985 - 1/1/2021
Summary
This economic indicator measures the ratio of private credit provided by deposit money banks and other financial institutions to the GDP of Djibouti. It is a key metric for assessing the depth and development of the country'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
The Private Credit to GDP ratio provides insight into the extent to which the private sector in Djibouti has access to financial services from banks and other lenders. It is widely used by economists and policymakers to evaluate financial inclusion and the overall health of the nation's credit markets.
Methodology
The data is collected and calculated by the World Bank based on national account and financial sector data.
Historical Context
This indicator is often referenced in analysis of Djibouti's economic and financial policies.
Key Facts
- Djibouti's private credit to GDP ratio was 24.6% in 2020.
- The ratio has fluctuated between 20-30% over the past decade.
- Access to credit is an important driver of private sector growth.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the total amount of credit provided to the private sector by banks and other financial institutions in Djibouti, expressed as a percentage of the 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 evaluating the development and inclusiveness of Djibouti's financial system, which is crucial for supporting private sector growth and economic progress.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on national account and financial sector statistics.
Q: How is this trend used in economic policy?
A: Policymakers in Djibouti and international institutions closely monitor this indicator to assess the country's financial inclusion efforts and the overall health of its credit markets.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank with a lag of approximately 1-2 years.
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Citation
U.S. Federal Reserve, Private Credit by Deposit Money Banks and Other Financial Institutions to GDP for Djibouti (DDDI12DJA156NWDB), retrieved from FRED.