Bank Deposits to GDP for United States
DDOI02USA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
101.22
Year-over-Year Change
28.72%
Date Range
1/1/1960 - 1/1/2020
Summary
The 'Bank Deposits to GDP for United States' metric measures the total domestic bank deposits as a percentage of the country's gross domestic product. This indicator provides insights into the relative size and health of the 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
This economic trend represents the ratio of total bank deposits held by the public to the overall size of the national economy. It is a useful gauge of financial intermediation and the scale of the banking system compared to the broader economy.
Methodology
The data is collected and reported by the World Bank using national accounts and deposit data.
Historical Context
Policymakers and analysts monitor this metric to assess the depth and efficiency of a country's financial system.
Key Facts
- The U.S. bank deposits to GDP ratio was 91.5% in 2021.
- This metric has trended upward in the U.S. over the past two decades.
- Higher ratios generally indicate a more developed financial sector.
FAQs
Q: What does this economic trend measure?
A: The 'Bank Deposits to GDP' metric measures the total domestic bank deposits as a percentage of the country's gross domestic product.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into the relative size and health of the banking sector compared to the overall economy, which is useful for assessing financial intermediation and system stability.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank using national accounts and deposit data.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this metric to assess the depth and efficiency of a country's financial system, which informs decisions around regulation, supervision, and promoting economic growth.
Q: Are there update delays or limitations?
A: The data is reported annually with a lag, so there may be a delay in accessing the most recent figures.
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Citation
U.S. Federal Reserve, Bank Deposits to GDP for United States (DDOI02USA156NWDB), retrieved from FRED.