Private Credit by Deposit Money Banks to GDP for Tunisia
DDDI01TNA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
73.40
Year-over-Year Change
28.24%
Date Range
1/1/1962 - 1/1/2020
Summary
This economic trend measures the ratio of private credit provided by deposit money banks to Tunisia's GDP. It is a key indicator of financial development and private sector lending activity.
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 reflects the size of the banking sector and its role in channeling funds to the private sector. Higher values indicate greater financial intermediation and can signal economic growth potential.
Methodology
The data is collected and reported by the World Bank using national accounts and monetary survey information.
Historical Context
This trend is widely used by economists, policymakers, and investors to assess financial sector development and its relationship to economic performance.
Key Facts
- Private credit to GDP ratio in Tunisia was 82.1% in 2020.
- The ratio has increased from 57.1% in 2000, indicating financial deepening.
- Tunisia's ratio is higher than the Middle East & North Africa average of 63.4%.
FAQs
Q: What does this economic trend measure?
A: This trend measures the ratio of private credit provided by deposit money banks to Tunisia's GDP. It reflects the size and role of the banking sector in channeling funds to the private sector.
Q: Why is this trend relevant for users or analysts?
A: The private credit to GDP ratio is a key indicator of financial development and can signal the private sector's access to credit, which is important for economic growth.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank using national accounts and monetary survey information.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to assess financial sector development and its relationship to economic performance, which can inform policies aimed at promoting private sector lending and growth.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank with a lag of approximately one year.
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Citation
U.S. Federal Reserve, Private Credit by Deposit Money Banks to GDP for Tunisia (DDDI01TNA156NWDB), retrieved from FRED.