Bank Deposits to GDP for Sweden
DDOI02SEA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
87.40
Year-over-Year Change
56.06%
Date Range
1/1/1960 - 1/1/2021
Summary
The 'Bank Deposits to GDP for Sweden' series measures the total value of bank deposits held by residents and non-residents in Sweden as a percentage of the country's Gross Domestic Product (GDP). This metric provides insights into the level of financial intermediation and the overall depth of the Swedish banking system.
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 economic indicator represents the ratio of total bank deposits to GDP in Sweden. It is a widely used measure of financial development and the ability of the banking sector to mobilize savings. Policymakers and economists analyze this trend to assess the soundness and efficiency of the Swedish financial system.
Methodology
The data is collected and calculated by the World Bank using official national accounts and banking sector statistics.
Historical Context
Trends in bank deposits to GDP are closely monitored by central banks, financial regulators, and international organizations to gauge financial stability and the pace of economic development.
Key Facts
- Sweden's bank deposits to GDP ratio was 124% in 2020.
- The ratio has increased from 90% in 2000, indicating growing financial intermediation.
- High bank deposits to GDP is associated with greater financial depth and stability.
FAQs
Q: What does this economic trend measure?
A: The 'Bank Deposits to GDP for Sweden' series measures the total value of bank deposits held in Sweden as a percentage of the country's Gross Domestic Product (GDP).
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the level of financial intermediation and the overall depth of the Swedish banking system, which is of interest to policymakers, regulators, and economists analyzing economic and financial development.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using official national accounts and banking sector statistics.
Q: How is this trend used in economic policy?
A: Trends in bank deposits to GDP are closely monitored by central banks, financial regulators, and international organizations to gauge financial stability and the pace of economic development in Sweden.
Q: Are there update delays or limitations?
A: The data is updated annually by the World Bank, and there may be some delays in the most recent data availability.
Related Trends
National Accounts: GDP by Expenditure: Current Prices: Gross Domestic Product: Total for Sweden
SWEGDPNADSMEI
Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 74 Years for Sweden
LREM74MASEQ156S
Consumer Price Index: OECD Groups: Energy (Fuel, Electricity, and Gasoline): Total for Sweden
CPGREN01SEQ657N
Stock Market Total Value Traded to GDP for Sweden
DDDM02SEA156NWDB
Constant GDP per capita for Sweden
NYGDPPCAPKDSWE
Value of Exports to Sweden from Florida
FLSWEA052SCEN
Citation
U.S. Federal Reserve, Bank Deposits to GDP for Sweden (DDOI02SEA156NWDB), retrieved from FRED.