Deposit Money Bank Assets to GDP for Hong Kong SAR, China
DDDI02HKA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
268.82
Year-over-Year Change
38.06%
Date Range
1/1/1990 - 1/1/2021
Summary
The Deposit Money Bank Assets to GDP ratio measures the size of a country's banking sector relative to its overall economy. It serves as an indicator of financial development and banking system depth.
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
This ratio compares the total assets held by deposit money banks to the country's gross domestic product. It provides insights into the role and importance of the banking sector within the broader economic landscape.
Methodology
The data is compiled by the World Bank using national accounts and balance sheet information.
Historical Context
Policymakers and analysts use this metric to assess the financial system's capacity to mobilize savings and allocate capital.
Key Facts
- Hong Kong's deposit money bank assets to GDP ratio was 540.31% in 2020.
- This ratio has steadily increased over the past two decades, reflecting Hong Kong's status as a major global financial center.
- A high ratio suggests a well-developed banking system that plays a significant role in the economy.
FAQs
Q: What does this economic trend measure?
A: The Deposit Money Bank Assets to GDP ratio measures the size of a country's banking sector relative to its overall economy.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the role and importance of the banking sector within the broader economic landscape, which is useful for policymakers and analysts.
Q: How is this data collected or calculated?
A: The data is compiled by the World Bank using national accounts and balance sheet information.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the financial system's capacity to mobilize savings and allocate capital.
Q: Are there update delays or limitations?
A: The data is subject to the availability and timeliness of national accounts and balance sheet information provided by the respective countries.
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Citation
U.S. Federal Reserve, Deposit Money Bank Assets to GDP for Hong Kong SAR, China (DDDI02HKA156NWDB), retrieved from FRED.