Private Credit by Deposit Money Banks and Other Financial Institutions to GDP for Namibia
DDDI12NAA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
69.72
Year-over-Year Change
45.30%
Date Range
1/1/1990 - 1/1/2021
Summary
This economic trend measures the ratio of private credit provided by deposit money banks and other financial institutions to Namibia's gross domestic product (GDP). It serves as an indicator of financial depth and access to credit in the Namibian economy.
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 is a widely used metric to assess the development and depth of a country's financial sector. It captures the level of intermediation between savers and borrowers, and reflects the ability of the financial system to channel funds to the private sector.
Methodology
The data is compiled by the World Bank from national accounts and balance of payments statistics.
Historical Context
This indicator is closely monitored by policymakers, central banks, and financial analysts to gauge financial sector stability and support economic growth.
Key Facts
- Namibia's private credit to GDP ratio was 51.5% in 2020.
- The ratio has steadily increased from 38.5% in 2010.
- A higher ratio indicates a more developed financial system.
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 Namibia's gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: The private credit to GDP ratio is a key indicator of financial sector development and the ability of the economy to channel funds to the private sector, which is crucial for supporting economic growth.
Q: How is this data collected or calculated?
A: The data is compiled by the World Bank from national accounts and balance of payments statistics.
Q: How is this trend used in economic policy?
A: Policymakers, central banks, and financial analysts closely monitor this indicator to gauge financial sector stability and support economic growth.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may be subject to revisions by the statistical agencies.
Related Trends
Geographical Outreach: Key Indicators ATMs Per 100,000 Adults for Namibia
NAMFCAANUM
Liquid Liabilities to GDP for Namibia
DDDI05NAA156NWDB
Geographical Outreach: Key Indicators ATMs Per 1000 Km2 for Namibia
NAMFCAKNUM
Use of Financial Services: Key Indicators, Outstanding Loans from Commercial Banks to Households for Namibia
NAMFCSODCHGGDPPT
Central Bank Assets to GDP for Namibia
DDDI06NAA156NWDB
Use of Financial Services, Mobile Banking: Value of Mobile Money Transactions (during the Reference Year) for Namibia
NAMFCMTVXDC
Citation
U.S. Federal Reserve, Private Credit by Deposit Money Banks and Other Financial Institutions to GDP for Namibia (DDDI12NAA156NWDB), retrieved from FRED.