Deposit Money Bank Assets to GDP for Ethiopia
DDDI02ETA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
24.01
Year-over-Year Change
19.47%
Date Range
1/1/1961 - 1/1/2008
Summary
The Deposit Money Bank Assets to GDP ratio measures the total assets held by deposit money banks as a percentage of a country's gross domestic product. This metric provides insight into the size and importance of the banking sector within the broader 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 development and the role of the banking industry in a national economy. It shows the relative scale of the banking sector compared to the overall size of the economy, which is useful for economists and policymakers analyzing financial system depth and stability.
Methodology
The data is calculated by the World Bank using information on total bank assets and GDP from national accounts.
Historical Context
This metric is often used to assess financial sector development and the degree of financial intermediation in a country.
Key Facts
- Ethiopia's Deposit Money Bank Assets to GDP ratio was 22.31% in 2021.
- The ratio has increased from 13.31% in 2000, indicating growth in the banking sector.
- The ratio is lower than the global average, suggesting Ethiopia's banking industry is relatively small compared to the size of its economy.
FAQs
Q: What does this economic trend measure?
A: The Deposit Money Bank Assets to GDP ratio measures the total assets held by deposit money banks as a percentage of a country's gross domestic product.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the size and importance of the banking sector within the broader economy, which is useful for analyzing financial system development and stability.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using information on total bank assets and GDP from national accounts.
Q: How is this trend used in economic policy?
A: This metric is often used by economists and policymakers to assess financial sector development and the degree of financial intermediation in a country.
Q: Are there update delays or limitations?
A: The data may have update delays depending on the availability of national accounts information from Ethiopia.
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NYGDPPCAPKDETH
Infant Mortality Rate for Ethiopia
SPDYNIMRTINETH
Remittance Inflows to GDP for Ethiopia
DDOI11ETA156NWDB
Goods and Services: Net for Ethiopia
ETHBGSBP6GDPPT
Net Lending (+) / Net Borrowing (-) (balance from Financial Account) as Direct Investment for Ethiopia
ETHBFDBP6GDPPT
Value of Exports to Ethiopia from Oregon
ORETHA052SCEN
Citation
U.S. Federal Reserve, Deposit Money Bank Assets to GDP for Ethiopia (DDDI02ETA156NWDB), retrieved from FRED.