Use of Financial Services, Liabilities: Outstanding Deposits at Commercial Banks for Belarus
BLRFCLODCXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
64,653,600,000.00
Year-over-Year Change
-99.93%
Date Range
1/1/2004 - 1/1/2023
Summary
This economic trend measures the outstanding deposits held at commercial banks in Belarus. It provides insights into the use of financial services and the overall deposit levels in the Belarusian banking system.
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 Commercial Banks for Belarus' metric tracks the total value of deposits maintained by individuals and businesses at commercial banks operating in Belarus. This data point is a key indicator of financial activity and liquidity within the country's banking sector.
Methodology
The data is collected and compiled by the National Bank of the Republic of Belarus.
Historical Context
Economists and policymakers monitor this trend to assess the financial health and stability of the Belarusian economy.
Key Facts
- Belarus has a population of around 9.4 million people.
- The Belarusian ruble is the official currency.
- The National Bank of the Republic of Belarus is the central bank.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total outstanding deposits held by individuals and businesses at commercial banks operating in Belarus.
Q: Why is this trend relevant for users or analysts?
A: The level of deposits in the Belarusian banking system is a key indicator of financial activity, liquidity, and overall economic health.
Q: How is this data collected or calculated?
A: The data is collected and compiled by the National Bank of the Republic of Belarus.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to assess the stability and performance of the Belarusian financial sector and broader economy.
Q: Are there update delays or limitations?
A: The data is published by the National Bank of the Republic of Belarus, and update frequencies may vary.
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Citation
U.S. Federal Reserve, Use of Financial Services, Liabilities: Outstanding Deposits at Commercial Banks for Belarus (BLRFCLODCXDC), retrieved from FRED.