Bank Deposits to GDP for Burundi
DDOI02BIA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
38.35
Year-over-Year Change
86.15%
Date Range
1/1/1964 - 1/1/2020
Summary
The 'Bank Deposits to GDP for Burundi' trend measures the ratio of bank deposits to the country's gross domestic product, providing insights into the level of financial intermediation and the role of the banking sector in the Burundian 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
This indicator represents the total value of demand, time and saving deposits at domestic banks divided by GDP. It serves as a proxy for the size of the formal banking system and the degree of financial deepening in Burundi.
Methodology
The data is collected and calculated by the World Bank from national accounts and balance of payments statistics.
Historical Context
Policymakers use this metric to evaluate the financial development and stability of the Burundian economy.
Key Facts
- Burundi's bank deposits to GDP ratio was 31.9% in 2020.
- The ratio has increased from 24.4% in 2010, indicating growth in the banking sector.
- Burundi is classified as a low-income country by the World Bank.
FAQs
Q: What does this economic trend measure?
A: The 'Bank Deposits to GDP' trend measures the ratio of total bank deposits to the country's gross domestic product, providing insights into the size and role of the banking sector in Burundi's economy.
Q: Why is this trend relevant for users or analysts?
A: This metric is relevant for analyzing the level of financial intermediation and the development of the banking system in Burundi, which are important factors for economic growth and financial stability.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using national accounts and balance of payments statistics.
Q: How is this trend used in economic policy?
A: Policymakers in Burundi use this indicator to evaluate the financial development and stability of the economy, which can inform decisions on financial sector policies and regulations.
Q: Are there update delays or limitations?
A: The data is subject to the availability and reporting timelines of national statistics, which may result in occasional update delays or gaps in the historical series.
Related Trends
Geographical Outreach: Number of Branches, Excluding Headquarters, for Other Deposit Takers for Burundi
BDIFCBODDNUM
Number of Identified Exporters to Burundi from Louisiana
LABDIA475SCEN
Bank's Overhead Costs to Total Assets for Burundi
DDEI04BIA156NWDB
Value of Exports to Burundi from Ohio
OHBDIA052SCEN
Use of Financial Services Deposit Accounts: Household Accounts at Commercial Banks for Burundi
BDIFCAODCHNUM
Broad Money for Burundi
BDIFMBGDPPT
Citation
U.S. Federal Reserve, Bank Deposits to GDP for Burundi (DDOI02BIA156NWDB), retrieved from FRED.