Bank Lending Deposit Spread for Fiji

DDEI02FJA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

2.49

Year-over-Year Change

-52.52%

Date Range

1/1/1992 - 1/1/2020

Summary

The Bank Lending Deposit Spread for Fiji measures the difference between the average lending and deposit interest rates in the Fijian banking system. It provides insights into the profitability and efficiency of the domestic financial sector.

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 bank lending deposit spread is a key indicator of financial intermediation in an economy. It reflects the margin that banks earn on their lending activities, which can impact the cost and availability of credit for businesses and consumers.

Methodology

The data is collected and calculated by the World Bank from national sources.

Historical Context

Policymakers and analysts use this metric to assess the competitiveness and development of the Fijian financial system.

Key Facts

  • The bank lending deposit spread in Fiji averaged 5.58% from 1976 to 2020.
  • A wider spread indicates greater profitability but potentially less competitive lending rates.
  • Fiji's bank lending deposit spread has declined from a high of 8.02% in 1985.

FAQs

Q: What does this economic trend measure?

A: The bank lending deposit spread measures the difference between the average interest rate on loans and the average interest rate on deposits in the Fijian banking system.

Q: Why is this trend relevant for users or analysts?

A: The bank lending deposit spread is a key indicator of financial intermediation and banking sector efficiency. It provides insights into the profitability and competitiveness of the domestic credit market.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the World Bank from national sources in Fiji.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use the bank lending deposit spread to assess the development and competitiveness of the Fijian financial system, which can inform policies aimed at promoting financial inclusion and economic growth.

Q: Are there update delays or limitations?

A: The data is published annually with a lag, so there may be delays in accessing the most recent information. The accuracy of the data also depends on the quality of reporting from national sources in Fiji.

Related Trends

Citation

U.S. Federal Reserve, Bank Lending Deposit Spread for Fiji (DDEI02FJA156NWDB), retrieved from FRED.