Use of Financial Services, Liabilities: Outstanding Deposits by Households at Commercial Banks for Kosovo
KOSFCLODCHXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,506,442,623.98
Year-over-Year Change
180.25%
Date Range
1/1/2004 - 1/1/2024
Summary
This economic trend measures the outstanding deposits held by households at commercial banks in Kosovo. It provides insights into the savings and liquidity preferences of Kosovar households, which is relevant for understanding the financial health and stability 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
The outstanding deposits by households at commercial banks in Kosovo is an important indicator of the public's confidence in the banking system and their willingness to save. It reflects the overall level of financial intermediation and can signal changes in household spending and investment patterns.
Methodology
The data is collected directly from commercial banks in Kosovo by the Central Bank of Kosovo.
Historical Context
Policymakers and analysts use this trend to monitor the stability of Kosovo's financial system and assess the transmission of monetary policy.
Key Facts
- Kosovo's household deposits at commercial banks totaled €3.8 billion as of 2021.
- Deposits have grown by an average of 8% per year over the past decade.
- Household deposits account for over 40% of total assets in Kosovo's banking sector.
FAQs
Q: What does this economic trend measure?
A: This trend measures the outstanding deposits held by households at commercial banks in Kosovo. It provides insights into the savings and liquidity preferences of Kosovar households.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for understanding the financial health and stability of Kosovo's banking sector, as well as the transmission of monetary policy.
Q: How is this data collected or calculated?
A: The data is collected directly from commercial banks in Kosovo by the Central Bank of Kosovo.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to monitor the stability of Kosovo's financial system and assess the transmission of monetary policy.
Q: Are there update delays or limitations?
A: The data is published on a regular basis with minimal delay, providing timely insights into Kosovo's household deposit trends.
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Citation
U.S. Federal Reserve, Use of Financial Services, Liabilities: Outstanding Deposits by Households at Commercial Banks for Kosovo (KOSFCLODCHXDC), retrieved from FRED.