Private Credit by Deposit Money Banks and Other Financial Institutions to GDP for Belarus
DDDI12BYA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
29.79
Year-over-Year Change
-16.22%
Date Range
1/1/2009 - 1/1/2021
Summary
This economic indicator measures the ratio of private credit provided by deposit money banks and other financial institutions to GDP in Belarus. It is a key metric for assessing the development and depth of the country's 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 private credit to GDP ratio represents the size of the formal financial system relative to the overall economy. It is commonly used by economists and policymakers to evaluate financial inclusion, the availability of credit, and the maturity of a nation's financial markets.
Methodology
The data is collected and calculated by the World Bank using standardized methodology across countries.
Historical Context
This indicator provides insight into the role of the financial system in supporting private economic activity in Belarus.
Key Facts
- Private credit to GDP ratio in Belarus was 39.7% in 2020.
- The ratio has declined from a high of 59.1% in 2013.
- Belarus has a less developed financial sector compared to many other emerging markets.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the size of private credit provided by deposit money banks and other financial institutions relative to the overall GDP in Belarus.
Q: Why is this trend relevant for users or analysts?
A: The private credit to GDP ratio is a key metric for assessing the development and depth of a country's financial sector, which is crucial for supporting private economic activity.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using standardized methodology across countries.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this indicator to evaluate financial inclusion, the availability of credit, and the overall maturity of a nation's financial markets.
Q: Are there update delays or limitations?
A: The data is subject to the timeliness of reporting by the World Bank, and may not reflect the most recent economic conditions in Belarus.
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Citation
U.S. Federal Reserve, Private Credit by Deposit Money Banks and Other Financial Institutions to GDP for Belarus (DDDI12BYA156NWDB), retrieved from FRED.