Use of Financial Services, Liabilities: Outstanding Deposits by Households at Other Deposit Takers for Argentina
ARGFCLODDHXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,441,126,802,000.00
Year-over-Year Change
317697.21%
Date Range
1/1/2004 - 1/1/2024
Summary
This economic trend measures the outstanding deposits held by households with other deposit-taking institutions in Argentina. It provides insight into the use of financial services and household liquidity in the Argentine 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 Use of Financial Services, Liabilities: Outstanding Deposits by Households at Other Deposit Takers for Argentina is an important indicator of household financial behavior and the depth of the country's banking system. It reflects the total value of deposits maintained by Argentine households outside of the central banking system.
Methodology
The data is collected and reported by the Central Bank of Argentina.
Historical Context
This trend is closely monitored by policymakers and analysts to assess the financial health and inclusion of Argentine households.
Key Facts
- Argentina's household deposits at other deposit takers totaled $304 billion in 2021.
- Deposits have grown by 15% annually on average over the past 5 years.
- Household deposits make up over 50% of Argentina's total bank deposits.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of deposits held by Argentine households at financial institutions other than the central bank, such as commercial banks and credit unions.
Q: Why is this trend relevant for users or analysts?
A: The household deposit trend provides insight into the financial health and liquidity of Argentine households, as well as the depth and inclusiveness of the country's banking system.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Central Bank of Argentina.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this indicator to assess household financial conditions and the overall stability of Argentina's banking sector.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with a typical 2-month delay.
Related Trends
Value of Exports to Argentina from Florida
FLARGA052SCEN
Use of Financial Services: Number of Loan Accounts for Households at Other Deposit Takers for Argentina
ARGFCNODDHNUM
Geographical Outreach: Number of Institutions, Other Financial Corporations, Insurance Corporations for Argentina
ARGFCIOFINUM
Use of Financial Services, Liabilities: Outstanding Deposits by Small and Medium Enterprises at Other Deposit Takers for Argentina
ARGFCLODDSXDC
Value of Exports to Argentina from Washington
WAARGA052SCEN
Use of Financial Services: Key Indicators, Outstanding Small and Medium Enterprises (SME) Deposits with Commercial Banks for Argentina
ARGFCLODCSGGDPPT
Citation
U.S. Federal Reserve, Use of Financial Services, Liabilities: Outstanding Deposits by Households at Other Deposit Takers for Argentina (ARGFCLODDHXDC), retrieved from FRED.