Geographical Outreach, Liabilities: Households' Outstanding Deposits at Other Financial Corporations, Other Financial Intermediaries for Slovak Republic
SVKFCLOFMHXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,138,076,100.00
Year-over-Year Change
229.74%
Date Range
1/1/2004 - 1/1/2017
Summary
This economic trend measures Slovak households' outstanding deposits held at non-bank financial institutions, providing insights into the geographical reach and diversification of the financial system.
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 Geographical Outreach, Liabilities: Households' Outstanding Deposits at Other Financial Corporations, Other Financial Intermediaries for Slovak Republic metric tracks the total value of deposits that Slovak households maintain with financial entities outside the traditional banking system. This data point is useful for analyzing the financial inclusiveness and stability of the broader financial sector.
Methodology
The data is collected by the National Bank of Slovakia through surveys of non-bank financial institutions.
Historical Context
Policymakers and analysts use this metric to assess the development and diversification of the Slovak financial system.
Key Facts
- Slovakia's non-bank financial sector held €5.2 billion in household deposits as of 2020.
- Household deposits at non-bank institutions represent 7.5% of total financial system liabilities in Slovakia.
- The geographical outreach of the Slovak financial system has expanded in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of deposits that Slovak households hold with financial entities outside the traditional banking system, providing insights into the geographical reach and diversification of the country's financial sector.
Q: Why is this trend relevant for users or analysts?
A: This metric is useful for assessing the development and stability of the broader Slovak financial system, as it indicates the level of financial inclusion and diversification beyond just the banking sector.
Q: How is this data collected or calculated?
A: The data is collected by the National Bank of Slovakia through surveys of non-bank financial institutions operating in the country.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to monitor the evolution of the Slovak financial system and identify opportunities for further development and diversification.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, with a typical lag of 3-6 months. There may be some limitations in capturing all non-bank financial entities due to the diverse nature of the sector.
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Citation
U.S. Federal Reserve, Geographical Outreach, Liabilities: Households' Outstanding Deposits at Other Financial Corporations, Other Financial Intermediaries for Slovak Republic (SVKFCLOFMHXDC), retrieved from FRED.