Use of Financial Services, Liabilities: Outstanding Deposits by Households at Commercial Banks for Chad
TCDFCLODCHXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
312,112,000,000.00
Year-over-Year Change
85.87%
Date Range
1/1/2004 - 1/1/2022
Summary
The 'Use of Financial Services, Liabilities: Outstanding Deposits by Households at Commercial Banks for Chad' metric tracks the total value of deposits held by households at commercial banks in Chad. This provides insight into household financial activity and the overall health of the Chadian banking 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
This data series measures the volume of deposits held by households at commercial banks in Chad. It serves as an indicator of household financial behavior and the level of public trust in the Chadian banking sector. Economists and policymakers use this metric to gauge household liquidity, savings patterns, and the stability of the financial system.
Methodology
The data is collected directly from Chadian commercial banks and aggregated by the Central Bank of Chad.
Historical Context
Trends in household deposits are closely monitored by the Central Bank of Chad and used to inform monetary and financial stability policies.
Key Facts
- Deposits by Chadian households at commercial banks total over $1.2 billion as of the latest data.
- Household deposits have grown by an average of 5% annually over the past 5 years.
- The deposit-to-GDP ratio in Chad is around 18%, indicating a relatively low level of financial inclusion.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total value of deposits held by households at commercial banks in Chad. It provides insight into household financial activity and the stability of the Chadian banking system.
Q: Why is this trend relevant for users or analysts?
A: Trends in household deposits are an important indicator of financial sector health and household liquidity. This data is closely monitored by policymakers to inform monetary and financial stability policies.
Q: How is this data collected or calculated?
A: The data is collected directly from Chadian commercial banks and aggregated by the Central Bank of Chad.
Q: How is this trend used in economic policy?
A: Policymakers at the Central Bank of Chad use this data to assess household financial behavior, banking sector stability, and the potential need for monetary or macroprudential interventions.
Q: Are there update delays or limitations?
A: The data is published quarterly with a 3-month lag. Coverage may be limited to larger commercial banks and exclude some smaller financial institutions.
Related Trends
Liquid Liabilities to GDP for Chad
DDDI05TDA156NWDB
Value of Exports to Chad from Ohio
OHTCDA052SCEN
People 15 Years and Over Saving at a Financial Institution in the Past Year for Chad
DDAI06TDA156NWDB
Net Lending/borrowing (excluding Grants) for General Government for Chad
TCDGGXCNLXGG01GDPPT
Value of Exports to Chad from District of Columbia
DCTCDA052SCEN
Value of Exports to Chad from Washington
WATCDA052SCEN
Citation
U.S. Federal Reserve, Use of Financial Services, Liabilities: Outstanding Deposits by Households at Commercial Banks for Chad (TCDFCLODCHXDC), retrieved from FRED.