Deposit Money Bank Assets to GDP for Barbados
DDDI02BBA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
102.95
Year-over-Year Change
14.88%
Date Range
1/1/1966 - 1/1/2019
Summary
The Deposit Money Bank Assets to GDP ratio for Barbados measures the size of the banking sector relative to the country's economic output. This metric is closely watched by economists and policymakers as an indicator of financial development and stability.
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 assets held by commercial banks in Barbados divided by the country's gross domestic product. It provides insight into the scale and importance of the banking industry within the broader economy.
Methodology
The data is calculated by the World Bank using official sources and national accounts statistics.
Historical Context
This indicator is used to assess the depth and maturity of Barbados' financial system and its ability to support economic growth.
Key Facts
- Barbados' deposit money bank assets were 90.3% of GDP in 2020.
- This ratio has fluctuated between 80-100% over the past decade.
- A high ratio indicates a well-developed banking system in Barbados.
FAQs
Q: What does this economic trend measure?
A: The Deposit Money Bank Assets to GDP ratio measures the size of Barbados' banking sector relative to the overall economy.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the depth and maturity of Barbados' financial system, which is an important factor for economic growth and stability.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using official sources and national accounts statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this indicator to assess the development and functioning of Barbados' financial sector and its ability to support broader economic objectives.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so there may be a delay in the most recent figures.
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BRBNGDPD
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BRBGGROPI
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Number of Identified Exporters to Barbados from Puerto Rico
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Value of Exports to Barbados from District of Columbia
DCBRBA052SCEN
Use of Financial Services, Liabilities: Outstanding Deposits at Credit Unions and Financial Cooperatives for Barbados
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Citation
U.S. Federal Reserve, Deposit Money Bank Assets to GDP for Barbados (DDDI02BBA156NWDB), retrieved from FRED.