Use of Financial Services, Liabilities: Outstanding Deposits by Households at Commercial Banks for Gabon
GABFCLODCHXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
721,888,000,000.00
Year-over-Year Change
126.53%
Date Range
1/1/2005 - 1/1/2013
Summary
This economic trend measures the outstanding deposits held by households at commercial banks in Gabon. It provides insights into the level of household financial services usage and liquidity preferences in the Gabonese 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
The Use of Financial Services, Liabilities: Outstanding Deposits by Households at Commercial Banks for Gabon series tracks the total value of deposits maintained by households at commercial banking institutions within the country. This metric is useful for analyzing household financial behaviors, banking system health, and macroeconomic conditions.
Methodology
The data is collected by the Central Bank of Gabon through surveys of commercial banks operating in the country.
Historical Context
Policymakers and analysts use this trend to gauge the financial inclusion and stability of Gabon's household sector.
Key Facts
- Gabon has a population of over 2 million people.
- The banking sector in Gabon is dominated by subsidiaries of large regional banks.
- Household deposits account for a significant portion of commercial bank liabilities in Gabon.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of deposits held by households at commercial banks operating in Gabon.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into household financial behaviors, banking system health, and macroeconomic conditions in Gabon.
Q: How is this data collected or calculated?
A: The Central Bank of Gabon collects this data through surveys of commercial banks operating in the country.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to gauge the financial inclusion and stability of Gabon's household sector.
Q: Are there update delays or limitations?
A: The data may be subject to reporting lags by commercial banks and limited coverage of the informal financial sector in Gabon.
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Citation
U.S. Federal Reserve, Use of Financial Services, Liabilities: Outstanding Deposits by Households at Commercial Banks for Gabon (GABFCLODCHXDC), retrieved from FRED.