Use of Financial Services: Key Indicators, Outstanding Deposits of Households with Commercial Banks for Japan
JPNFCLODCHGGDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
93.43
Year-over-Year Change
20.39%
Date Range
1/1/2004 - 1/1/2023
Summary
This economic trend measures the outstanding deposits of households with commercial banks in Japan as a percentage of GDP. It provides insights into the financial health and savings habits of Japanese households.
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: Key Indicators, Outstanding Deposits of Households with Commercial Banks for Japan series tracks the total value of household deposits held with commercial banks in Japan, expressed as a percentage of the country's gross domestic product (GDP). This metric offers economists and policymakers a gauge of household liquidity, savings, and financial engagement.
Methodology
The data is collected by the Bank of Japan and reported on a quarterly basis.
Historical Context
This trend is used by analysts to assess the financial stability and consumer confidence within the Japanese economy.
Key Facts
- Japan's household deposits equaled 177% of GDP in 2022 Q2.
- Household deposits have steadily increased over the past decade.
- Japan has one of the highest household savings rates among developed economies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of household deposits held with commercial banks in Japan, expressed as a percentage of the country's GDP.
Q: Why is this trend relevant for users or analysts?
A: This metric offers insights into the financial health and savings habits of Japanese households, which is valuable information for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected by the Bank of Japan and reported on a quarterly basis.
Q: How is this trend used in economic policy?
A: Analysts use this trend to assess the financial stability and consumer confidence within the Japanese economy, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis, so there may be a delay of up to three months before the most recent information is available.
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Citation
U.S. Federal Reserve, Use of Financial Services: Key Indicators, Outstanding Deposits of Households with Commercial Banks for Japan (JPNFCLODCHGGDPPT), retrieved from FRED.