Deposit Money Bank Assets to GDP for Austria
DDDI02ATA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
104.12
Year-over-Year Change
-6.44%
Date Range
1/1/1960 - 1/1/2021
Summary
The Deposit Money Bank Assets to GDP ratio for Austria measures the total assets held by deposit money banks as a percentage of the country's gross domestic product. This indicator provides insights into the size and importance of the banking sector within the Austrian economy.
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 Deposit Money Bank Assets to GDP ratio represents the total value of assets held by deposit-taking banks in Austria, including commercial banks and other financial institutions that accept deposits, relative to the nation's overall economic output. This metric is used by economists and policymakers to assess the depth and development of the financial system and its role in supporting economic growth.
Methodology
The data is collected and calculated by the World Bank using information from national sources and central bank balance sheets.
Historical Context
Policymakers and analysts use this indicator to evaluate the financial intermediation capacity and the degree of financialization within the Austrian economy.
Key Facts
- Austria's deposit money bank assets to GDP ratio was 124.4% in 2021.
- This ratio has fluctuated between 100-130% over the past two decades.
- Austria has a well-developed banking sector compared to many other European countries.
FAQs
Q: What does this economic trend measure?
A: The Deposit Money Bank Assets to GDP ratio measures the total assets held by deposit-taking banks in Austria as a percentage of the country's gross domestic product.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into the size and importance of the banking sector within the Austrian economy, which is relevant for evaluating financial system development and its role in supporting economic growth.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using information from national sources and central bank balance sheets.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to evaluate the financial intermediation capacity and the degree of financialization within the Austrian economy.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, and may not capture all deposit-taking institutions in Austria.
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Citation
U.S. Federal Reserve, Deposit Money Bank Assets to GDP for Austria (DDDI02ATA156NWDB), retrieved from FRED.