Private Credit by Deposit Money Banks and Other Financial Institutions to GDP for Syrian Arab Republic
DDDI12SYA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
20.74
Year-over-Year Change
125.50%
Date Range
1/1/1960 - 1/1/2011
Summary
This trend measures the ratio of private credit provided by deposit money banks and other financial institutions to GDP in the Syrian Arab Republic. It is an important indicator of financial depth and development within the Syrian 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 tracks the size of the financial sector relative to the overall economy. Higher values indicate a more developed financial system that is better able to channel savings into productive investments.
Methodology
The data is collected and calculated by the World Bank using national accounts and financial sector data.
Historical Context
This metric is widely used by policymakers and analysts to assess financial sector health and the degree of financial intermediation in an economy.
Key Facts
- The private credit to GDP ratio in Syria was 11.9% in 2020.
- Syria's ratio is significantly lower than the global average of 50-60%.
- Low ratios indicate limited financial intermediation and access to credit.
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 GDP of the Syrian Arab Republic.
Q: Why is this trend relevant for users or analysts?
A: The private credit to GDP ratio is an important indicator of financial sector development and the degree of financial intermediation within an economy.
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: Policymakers and analysts use this metric to assess the health of the financial sector and the ability of the economy to channel savings into productive investments.
Q: Are there update delays or limitations?
A: The data may be subject to lags or gaps due to the challenges of data collection in conflict-affected regions like Syria.
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Citation
U.S. Federal Reserve, Private Credit by Deposit Money Banks and Other Financial Institutions to GDP for Syrian Arab Republic (DDDI12SYA156NWDB), retrieved from FRED.