Deposit Money Bank Assets to GDP for Gabon
DDDI02GAA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.56
Year-over-Year Change
28.04%
Date Range
1/1/1960 - 1/1/2019
Summary
The Deposit Money Bank Assets to GDP for Gabon measures the size of the country's banking sector relative to its overall economy. This metric is important for economists and policymakers to assess financial system 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 Gabon as a percentage of the country's gross domestic product. This indicator provides insight into the banking sector's scale and significance within the broader economic landscape.
Methodology
The data is collected and calculated by the World Bank using national accounts and balance sheet information.
Historical Context
This trend is widely used by analysts, investors, and policymakers to evaluate financial sector depth and access to banking services in Gabon.
Key Facts
- Gabon's deposit money bank assets were 24.5% of GDP in 2020.
- The ratio has fluctuated between 20-30% over the past decade.
- Gabon's banking sector is relatively small compared to other African economies.
FAQs
Q: What does this economic trend measure?
A: The Deposit Money Bank Assets to GDP for Gabon measures the total assets held by commercial banks in the country as a percentage of its gross domestic product.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the scale and significance of Gabon's banking sector within the broader economy, which is important for assessing financial system development and stability.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using national accounts and balance sheet information.
Q: How is this trend used in economic policy?
A: This trend is widely used by analysts, investors, and policymakers to evaluate financial sector depth and access to banking services in Gabon.
Q: Are there update delays or limitations?
A: The data is updated annually by the World Bank, so there may be a delay of up to a year or more in the most recent figures being available.
Related Trends
Value of Exports to Gabon from Indiana
INGABA052SCEN
Number of Identified Exporters to Gabon from North Carolina
NCGABA475SCEN
Number of Identified Exporters to Gabon from Nebraska
NEGABA475SCEN
Use of Financial Services: Key Indicators Active Mobile Money Accounts Per 1000 Adults for Gabon
GABFCMAAANUM
Number of Identified Exporters to Gabon from Utah
UTGABA475SCEN
Terms of Trade for Goods for Gabon
GABTTTIX
Citation
U.S. Federal Reserve, Deposit Money Bank Assets to GDP for Gabon (DDDI02GAA156NWDB), retrieved from FRED.