Use of Financial Services, Liabilities: Outstanding Deposits by Households at Other Deposit Takers for Sweden
SWEFCLODDHXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
240,837,322,680.00
Year-over-Year Change
62.67%
Date Range
1/1/2004 - 1/1/2024
Summary
This economic trend measures outstanding deposits held by households at deposit-taking institutions in Sweden, excluding the central bank. It provides insights into the usage of financial services and the savings behavior of Swedish 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 outstanding deposits by households at other deposit takers in Sweden is an important indicator of the public's engagement with the financial system. It reflects the level of household savings and the overall stability of the domestic banking sector.
Methodology
The data is collected by the Swedish central bank through surveys of deposit-taking institutions.
Historical Context
This trend is closely monitored by policymakers and economists to assess the health of the Swedish financial system and consumer confidence.
Key Facts
- Sweden has a highly developed financial system.
- Household deposits account for a significant portion of total bank liabilities.
- Deposits have remained relatively stable over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the outstanding deposits held by households at deposit-taking institutions in Sweden, excluding the central bank.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the savings behavior and financial engagement of Swedish households, which is an important indicator of the stability and health of the domestic banking sector.
Q: How is this data collected or calculated?
A: The data is collected by the Swedish central bank through surveys of deposit-taking institutions.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this trend to assess the overall stability of the Swedish financial system and consumer confidence.
Q: Are there update delays or limitations?
A: The data is reported on a regular schedule, with minimal delays, and provides a comprehensive view of household deposits in Sweden.
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Citation
U.S. Federal Reserve, Use of Financial Services, Liabilities: Outstanding Deposits by Households at Other Deposit Takers for Sweden (SWEFCLODDHXDC), retrieved from FRED.