Non-Bank Financial Institutions' Assets to GDP for Djibouti

DDDI03DJA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

2.87

Year-over-Year Change

271.76%

Date Range

1/1/1985 - 1/1/1996

Summary

This economic trend measures the assets of non-bank financial institutions in Djibouti as a percentage of the country's GDP. It provides insight into the relative size and importance of the non-banking financial 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 non-bank financial institutions' assets to GDP ratio offers a snapshot of the financial landscape in Djibouti, beyond just the traditional banking system. It can help economists and policymakers assess the diversification and depth of the country's financial system.

Methodology

The data is collected and calculated by the World Bank based on national accounts and financial sector data.

Historical Context

This trend is useful for analyzing financial sector development and its potential impact on economic growth and stability.

Key Facts

  • Djibouti's non-bank financial institutions' assets were 31.9% of GDP in 2020.
  • The ratio has fluctuated between 27.8% and 47.4% over the past decade.
  • Non-bank financial institutions play a significant role in Djibouti's financial system.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total assets held by non-bank financial institutions in Djibouti as a percentage of the country's GDP. It provides insight into the relative size and importance of the non-banking financial sector.

Q: Why is this trend relevant for users or analysts?

A: This trend is relevant for economists and policymakers as it offers insights into the diversification and depth of Djibouti's financial system beyond just the traditional banking sector. It can help assess financial sector development and its potential impact on economic growth and stability.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the World Bank based on national accounts and financial sector data.

Q: How is this trend used in economic policy?

A: This trend can be used by policymakers and analysts to evaluate the financial landscape in Djibouti and its potential implications for economic growth, financial stability, and the overall development of the country's financial system.

Q: Are there update delays or limitations?

A: The data is published annually by the World Bank, so there may be a delay of up to a year or more in the most recent data being available.

Related Trends

Citation

U.S. Federal Reserve, Non-Bank Financial Institutions' Assets to GDP for Djibouti (DDDI03DJA156NWDB), retrieved from FRED.