Use of Financial Services, Liabilities: Outstanding Deposits at Other Deposit Takers for Argentina
ARGFCLODDXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,610,591,559,000.00
Year-over-Year Change
81459.68%
Date Range
1/1/2004 - 1/1/2024
Summary
This economic trend measures the outstanding deposits held at deposit-taking institutions other than the central bank in Argentina. It provides insights into the public's use of the broader financial system beyond just the central bank.
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 at Other Deposit Takers for Argentina tracks the total value of deposits held at banks, credit unions, and other deposit-taking institutions in the country. This indicator offers a comprehensive view of financial intermediation and the public's interaction with the formal financial sector.
Methodology
The data is collected and reported by the Central Bank of Argentina.
Historical Context
This metric is closely monitored by policymakers and analysts to assess the stability and depth of Argentina's financial system.
Key Facts
- Argentina's outstanding deposits at other deposit takers totaled $XXX billion as of the latest report.
- Deposits at non-central bank institutions account for XX% of Argentina's overall financial system liabilities.
- The trend in outstanding deposits reflects changes in money supply, saving, and investment in the Argentine economy.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total value of deposits held at banks, credit unions, and other deposit-taking institutions in Argentina, beyond just the central bank.
Q: Why is this trend relevant for users or analysts?
A: This metric provides a comprehensive view of financial intermediation and the public's interaction with the formal financial sector in Argentina, which is closely monitored by policymakers and analysts.
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: This indicator is used by policymakers and analysts to assess the stability and depth of Argentina's financial system, which is relevant for monetary policy and macroeconomic management.
Q: Are there update delays or limitations?
A: The data is reported with a slight delay, and may be subject to revisions by the Central Bank of Argentina.
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Citation
U.S. Federal Reserve, Use of Financial Services, Liabilities: Outstanding Deposits at Other Deposit Takers for Argentina (ARGFCLODDXDC), retrieved from FRED.