Private Credit by Deposit Money Banks to GDP for Argentina
DDDI01ARA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15.38
Year-over-Year Change
47.64%
Date Range
1/1/1960 - 1/1/2017
Summary
This economic trend measures the ratio of private credit extended by deposit money banks to the gross domestic product (GDP) in Argentina. It provides insights into the level of financial intermediation and the size of the banking sector relative to the overall economy.
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 private credit to GDP ratio is a widely used indicator of financial development and banking sector depth. It reflects the role of the financial system in channeling funds from savers to private borrowers, which is crucial for economic growth and investment.
Methodology
The data is collected and calculated by the World Bank as part of its World Development Indicators database.
Historical Context
This trend is closely monitored by policymakers, economists, and investors to assess the financial health and stability of the Argentine economy.
Key Facts
- Argentina's private credit to GDP ratio was 15.78% in 2020.
- The ratio has declined from a high of 23.16% in 2013.
- Low levels of private credit are associated with limited financial intermediation and access to credit.
FAQs
Q: What does this economic trend measure?
A: This trend measures the ratio of private credit extended by deposit money banks to the gross domestic product (GDP) in Argentina. It reflects the size of the banking sector and the level of financial intermediation in the economy.
Q: Why is this trend relevant for users or analysts?
A: The private credit to GDP ratio is an important indicator of financial development and the role of the banking sector in channeling funds to private borrowers, which is crucial for investment and economic growth.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank as part of its World Development Indicators database.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and investors closely monitor this trend to assess the financial health and stability of the Argentine economy, as well as the effectiveness of policies aimed at promoting financial development.
Q: Are there update delays or limitations?
A: The data is published with a lag, and there may be limitations in coverage or consistency across countries and time periods.
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Citation
U.S. Federal Reserve, Private Credit by Deposit Money Banks to GDP for Argentina (DDDI01ARA156NWDB), retrieved from FRED.