Private Credit by Deposit Money Banks to GDP for Namibia
DDDI01NAA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
58.98
Year-over-Year Change
22.92%
Date Range
1/1/1990 - 1/1/2021
Summary
This economic trend measures the ratio of private credit extended by deposit money banks to GDP in Namibia. It provides insights into the depth and development of the Namibian 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 extent to which the banking system is channeling funds to the private sector, which is vital for economic growth and development.
Methodology
The data is collected and calculated by the World Bank based on national accounts and banking sector statistics.
Historical Context
This trend is closely monitored by policymakers, analysts, and investors to assess the health and stability of Namibia's financial system.
Key Facts
- Namibia's private credit to GDP ratio was 36.78% in 2020.
- The ratio has declined from a high of 47.58% in 2008.
- Namibia's ratio is lower than the global average of 91.03% in 2020.
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 Namibia.
Q: Why is this trend relevant for users or analysts?
A: The private credit to GDP ratio is a key indicator of financial sector development and the extent to which the banking system is channeling funds to the private sector, which is crucial for economic growth.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on national accounts and banking sector statistics.
Q: How is this trend used in economic policy?
A: Policymakers, analysts, and investors closely monitor this trend to assess the health and stability of Namibia's financial system and make informed decisions.
Q: Are there update delays or limitations?
A: The data is published annually with a delay, and may be subject to revisions by the World Bank.
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Cash surplus/deficit (% of GDP) for Namibia
CASHBLNAA188A
Value of Exports to Namibia from California
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Use of Financial Services Borrowers: Households Borrowing from Commercial Banks for Namibia
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Number of Identified Exporters to Namibia from North Carolina
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Citation
U.S. Federal Reserve, Private Credit by Deposit Money Banks to GDP for Namibia (DDDI01NAA156NWDB), retrieved from FRED.