Private Credit by Deposit Money Banks to GDP for Mauritania
DDDI01MRA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.72
Year-over-Year Change
-88.61%
Date Range
1/1/2005 - 1/1/2017
Summary
This economic trend measures the ratio of private credit extended by deposit money banks to the gross domestic product (GDP) in Mauritania. It provides insight into the depth and development 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 is a key indicator of financial intermediation in an economy. It shows the level of credit provided by deposit money banks to the private sector relative to the size of the economy. This metric is widely used by economists and policymakers to assess financial inclusion and the role of the banking system in supporting private investment and economic growth.
Methodology
The data is collected and calculated by the World Bank using national accounts and banking sector statistics.
Historical Context
Policymakers and analysts use this indicator to evaluate financial sector development and its relationship to broader economic performance.
Key Facts
- Mauritania's private credit to GDP ratio was 12.4% in 2020.
- The ratio has increased from 9.6% in 2010, indicating gradual financial deepening.
- Access to credit remains limited compared to other developing economies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the ratio of private credit extended by deposit money banks to the gross domestic product (GDP) in Mauritania. It provides insight into the depth and development of the country's financial sector.
Q: Why is this trend relevant for users or analysts?
A: The private credit to GDP ratio is a key indicator of financial intermediation and inclusion. It helps economists and policymakers assess the role of the banking system in supporting private investment and economic growth.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using national accounts and banking sector statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to evaluate financial sector development and its relationship to broader economic performance in Mauritania.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, and may not fully capture recent changes in the financial sector.
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Number of Identified Exporters to Mauritania from Missouri
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U.S. Imports of Goods by Customs Basis from Mauritania
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Citation
U.S. Federal Reserve, Private Credit by Deposit Money Banks to GDP for Mauritania (DDDI01MRA156NWDB), retrieved from FRED.