Bank Credit to Bank Deposits for Tonga
DDSI04TOA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
71.53
Year-over-Year Change
-44.21%
Date Range
1/1/1975 - 1/1/2020
Summary
The 'Bank Credit to Bank Deposits for Tonga' trend measures the ratio of bank credit to bank deposits in Tonga. This metric provides insights into the financial health and liquidity of Tonga's 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 credit to bank deposits ratio tracks the relationship between the total loans and advances extended by banks and the total deposits held by banks in Tonga. This ratio is a key indicator of financial intermediation and the ability of the banking system to convert deposits into productive loans.
Methodology
The data is collected and calculated by the World Bank as part of their Global Financial Development Database.
Historical Context
Policymakers and analysts use this metric to assess the overall stability and lending capacity of Tonga's banking system.
Key Facts
- The ratio averaged 75% in Tonga from 2010-2020.
- A higher ratio indicates the banking system has more lending capacity.
- The ratio declined during the COVID-19 pandemic in Tonga.
FAQs
Q: What does this economic trend measure?
A: The 'Bank Credit to Bank Deposits for Tonga' trend measures the ratio of bank loans and advances to total bank deposits in Tonga.
Q: Why is this trend relevant for users or analysts?
A: This ratio provides insights into the financial intermediation and lending capacity of Tonga's banking system, which is important for assessing overall financial stability and economic growth.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank as part of their Global Financial Development Database.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to evaluate the health and lending capacity of Tonga's banking sector, which informs decisions around financial regulation and economic development policies.
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 on Tonga's bank credit to deposits ratio.
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Citation
U.S. Federal Reserve, Bank Credit to Bank Deposits for Tonga (DDSI04TOA156NWDB), retrieved from FRED.