Deposit Money Bank Assets to GDP for the Plurinational State of Bolivia
DDDI02BOA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
77.35
Year-over-Year Change
113.72%
Date Range
1/1/1960 - 1/1/2021
Summary
This economic trend measures the value of deposit money bank assets as a percentage of Bolivia's Gross Domestic Product (GDP). It provides insight into the size and relative importance of the banking sector within the broader Bolivian 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 is a key indicator of financial intermediation and the role of the banking system in a country's economic activity. It reflects the level of financial deepening and can be used to assess the extent of banking sector development and its potential to support economic growth.
Methodology
The data is collected by the World Bank based on information reported by national central banks and monetary authorities.
Historical Context
Policymakers and analysts use this metric to evaluate financial sector health and inform policies aimed at promoting financial inclusion and stability.
Key Facts
- Bolivia's deposit money bank assets to GDP ratio was 49.4% in 2020.
- The ratio has increased from 38.8% in 2010, indicating growth in the Bolivian banking sector.
- Bolivia's ratio is lower than the Latin American and Caribbean regional average of 59.7% (2020).
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of deposit money bank assets as a percentage of Bolivia's Gross Domestic Product (GDP), providing insight into the size and importance of the banking sector within the Bolivian economy.
Q: Why is this trend relevant for users or analysts?
A: The Deposit Money Bank Assets to GDP ratio is a key indicator of financial intermediation and can be used to assess the level of financial deepening and the potential of the banking sector to support economic growth in Bolivia.
Q: How is this data collected or calculated?
A: The data is collected by the World Bank based on information reported by Bolivia's central bank and monetary authorities.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to evaluate the health of Bolivia's financial sector and inform policies aimed at promoting financial inclusion and stability.
Q: Are there update delays or limitations?
A: The data is updated annually, and there may be some delays in reporting from national sources.
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Citation
U.S. Federal Reserve, Deposit Money Bank Assets to GDP for the Plurinational State of Bolivia (DDDI02BOA156NWDB), retrieved from FRED.