Private Credit by Deposit Money Banks and Other Financial Institutions to GDP for Tunisia

DDDI12TNA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

73.40

Year-over-Year Change

22.69%

Date Range

1/1/1962 - 1/1/2020

Summary

This trend measures the ratio of private credit provided by deposit money banks and other financial institutions to Tunisia's GDP. It is a key indicator of financial development and economic growth.

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 level of financial intermediation in an economy. It shows the overall size of the financial sector and its importance in providing capital for private sector investment and economic activity.

Methodology

The data is collected and calculated by the World Bank from national accounts and financial sector data.

Historical Context

Policymakers use this metric to assess the degree of financial deepening and its impact on economic performance.

Key Facts

  • Tunisia's private credit to GDP ratio was 79.5% in 2020.
  • The ratio has fluctuated between 70-90% over the past decade.
  • Higher ratios indicate a more developed financial sector.

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 Tunisia'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 its relationship to economic growth.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the World Bank from national accounts and financial sector data.

Q: How is this trend used in economic policy?

A: Policymakers use this metric to assess the degree of financial deepening and its impact on economic performance.

Q: Are there update delays or limitations?

A: The data is published annually with a delay of approximately one year.

Related Trends

Citation

U.S. Federal Reserve, Private Credit by Deposit Money Banks and Other Financial Institutions to GDP for Tunisia (DDDI12TNA156NWDB), retrieved from FRED.