Private Credit by Deposit Money Banks and Other Financial Institutions to GDP for Mauritania
DDDI12MRA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.72
Year-over-Year Change
-88.61%
Date Range
1/1/2005 - 1/1/2017
Summary
This economic trend measures the ratio of private credit provided by deposit money banks and other financial institutions to the gross domestic product (GDP) in Mauritania. 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 reflects the size of the financial sector relative to the overall economy. It is commonly used by economists and policymakers to assess financial depth and the role of the banking system in supporting private sector investment and economic growth.
Methodology
The data is collected and calculated by the World Bank using national accounts and financial sector data.
Historical Context
This indicator provides insight into the health and depth of Mauritania's financial system, which is important for monitoring economic and financial stability.
Key Facts
- Mauritania's private credit to GDP ratio was 16.78% in 2020.
- This ratio has fluctuated between 15-20% over the past decade.
- Access to credit remains a challenge for many private businesses in Mauritania.
FAQs
Q: What does this economic trend measure?
A: This trend measures the ratio of private credit provided by deposit money banks and other financial institutions to the gross domestic product (GDP) in Mauritania.
Q: Why is this trend relevant for users or analysts?
A: The private credit to GDP ratio is an important indicator of financial development and access to credit, which are crucial for supporting private investment and economic growth.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using national accounts and financial sector data.
Q: How is this trend used in economic policy?
A: This indicator provides insight into the health and depth of Mauritania's financial system, which is important for monitoring economic and financial stability and guiding policymakers.
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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Citation
U.S. Federal Reserve, Private Credit by Deposit Money Banks and Other Financial Institutions to GDP for Mauritania (DDDI12MRA156NWDB), retrieved from FRED.