Bank Lending Deposit Spread for Slovakia
DDEI02SKA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.02
Year-over-Year Change
-56.29%
Date Range
1/1/1996 - 1/1/2008
Summary
The bank lending deposit spread for Slovakia measures the difference between the interest rate banks charge on loans and the rate they pay on deposits. This key indicator provides insight into the profitability and efficiency of the Slovak banking 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 reflects the margin that Slovak banks earn on their lending activities. It is an important metric for assessing the competitiveness and health of the country's banking industry.
Methodology
The data is collected by the World Bank from national sources and central banks.
Historical Context
Policymakers and analysts use this spread to evaluate the financial intermediation function of Slovak banks.
Key Facts
- Slovakia's bank lending deposit spread averaged 3.7% from 2000-2021.
- The spread reached a high of 5.4% in 2009 during the global financial crisis.
- A wider spread indicates greater profitability but potentially less competitive banking.
FAQs
Q: What does this economic trend measure?
A: The bank lending deposit spread measures the difference between the interest rate Slovak banks charge on loans and the rate they pay on deposits.
Q: Why is this trend relevant for users or analysts?
A: This spread is a key indicator of the profitability and efficiency of the Slovak banking sector, providing insight into financial intermediation and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected by the World Bank from national sources and central banks.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the bank lending deposit spread to evaluate the financial health and functioning of the Slovak banking industry.
Q: Are there update delays or limitations?
A: The data is published regularly by the World Bank with some potential delays in reporting from national sources.
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Citation
U.S. Federal Reserve, Bank Lending Deposit Spread for Slovakia (DDEI02SKA156NWDB), retrieved from FRED.