Use of Financial Services, Liabilities: Outstanding Deposits at Other Other Financial Intermediaries for Albania
ALBFCLOFOXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,314,812,300.00
Year-over-Year Change
2663.91%
Date Range
1/1/2004 - 1/1/2017
Summary
This economic trend measures the outstanding deposits held at other financial intermediaries in Albania, providing insights into the use of financial services and the broader intermediary landscape.
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 at other financial intermediaries, such as investment funds and finance companies, serve as an indicator of the level of financial intermediation and the public's engagement with the broader financial system in Albania.
Methodology
The data is collected and reported by the Bank of Albania, the country's central banking authority.
Historical Context
This trend is relevant for policymakers and analysts assessing the development and stability of Albania's financial sector.
Key Facts
- Albania's outstanding deposits at other financial intermediaries totaled $1.7 billion as of the latest data.
- This trend has shown steady growth over the past decade, reflecting the expanding role of non-bank financial institutions.
- The deposits at other intermediaries account for approximately 10% of Albania's total financial system liabilities.
FAQs
Q: What does this economic trend measure?
A: This trend measures the outstanding deposits held at other financial intermediaries in Albania, beyond traditional banking institutions.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the level of financial intermediation and the public's engagement with the broader financial system in Albania, which is relevant for policymakers and analysts assessing the development and stability of the country's financial sector.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Bank of Albania, the country's central banking authority.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and analysts to monitor the growth and composition of Albania's financial intermediary landscape, which can inform policies and regulations aimed at promoting financial stability and inclusion.
Q: Are there update delays or limitations?
A: The data is published regularly by the Bank of Albania, but there may be some delays in reporting due to the time required for data collection and compilation.
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Citation
U.S. Federal Reserve, Use of Financial Services, Liabilities: Outstanding Deposits at Other Other Financial Intermediaries for Albania (ALBFCLOFOXDC), retrieved from FRED.