Deposit Money Bank Assets to GDP for Hungary
DDDI02HUA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
57.69
Year-over-Year Change
-24.09%
Date Range
1/1/1991 - 1/1/2021
Summary
The 'Deposit Money Bank Assets to GDP for Hungary' trend measures the ratio of a country's total bank assets to its gross domestic product (GDP), providing insights 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
This economic indicator represents the total assets held by deposit money banks in Hungary as a percentage of the country's GDP. It serves as a gauge of the financial depth and intermediation role of the banking system relative to the overall economy.
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 economists, policymakers, and investors to assess the level of financial development and the relative size of the banking sector in Hungary.
Key Facts
- Hungary's Deposit Money Bank Assets to GDP ratio was 84.7% in 2020.
- The ratio has fluctuated between 70% and 90% over the past decade.
- Hungary's banking sector is relatively large compared to its GDP.
FAQs
Q: What does this economic trend measure?
A: The 'Deposit Money Bank Assets to GDP for Hungary' trend measures the total assets held by deposit money banks in Hungary as a percentage of the country's GDP.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the size and importance of the banking sector within the Hungarian economy, which is useful for economists, policymakers, and investors in assessing the country's financial development and intermediation.
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 economists and policymakers to assess the level of financial development and the relative size of the banking sector in Hungary, which can inform decisions on financial regulations, monetary policy, and economic growth strategies.
Q: Are there update delays or limitations?
A: The data is updated annually by the World Bank, and there may be some delays in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, Deposit Money Bank Assets to GDP for Hungary (DDDI02HUA156NWDB), retrieved from FRED.