Private Credit by Deposit Money Banks and Other Financial Institutions to GDP for Kyrgyzstan
DDDI12KGA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
29.25
Year-over-Year Change
131.56%
Date Range
1/1/1995 - 1/1/2021
Summary
This economic trend tracks the ratio of private credit provided by deposit money banks and other financial institutions to the gross domestic product (GDP) of Kyrgyzstan. It is a key indicator of financial development and access to credit in the country.
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 measures the size of the financial sector relative to the overall economy. It provides insights into the availability of financing for businesses and individuals, which is crucial for economic growth and stability.
Methodology
The data is collected and calculated by the World Bank using standardized methodology.
Historical Context
Policymakers and analysts use this indicator to assess the depth and inclusiveness of Kyrgyzstan's financial system.
Key Facts
- Kyrgyzstan's private credit to GDP ratio was 20.78% in 2020.
- The ratio has fluctuated between 15-25% over the past decade.
- A higher ratio indicates greater financial inclusion and access to capital.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of credit provided to the private sector by deposit money banks and other financial institutions 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 indicator of financial development and access to credit, which are crucial for supporting economic growth and stability.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using standardized methodology.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to assess the depth and inclusiveness of Kyrgyzstan's financial system and inform policies aimed at improving access to credit and supporting economic development.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so the most recent year may not be immediately available.
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People 15 Years and Over Saving at a Financial Institution in the Past Year for Kyrgyzstan
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Citation
U.S. Federal Reserve, Private Credit by Deposit Money Banks and Other Financial Institutions to GDP for Kyrgyzstan (DDDI12KGA156NWDB), retrieved from FRED.