Deposit Money Bank Assets to GDP for India
DDDI02INA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
72.40
Year-over-Year Change
-2.38%
Date Range
1/1/1960 - 1/1/2021
Summary
The Deposit Money Bank Assets to GDP for India measures the size of a country's banking sector relative to its overall economy. It is a key indicator of financial sector development and economic 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
This metric represents the total assets held by deposit-taking banks in India as a percentage of the country's gross domestic product. It provides insight into the role and importance of the banking industry within the broader Indian economy.
Methodology
The data is calculated by the World Bank using national accounts and balance of payments statistics.
Historical Context
Policymakers and analysts use this indicator to assess the depth and breadth of India's financial system and its ability to support economic growth.
Key Facts
- India's deposit money bank assets to GDP ratio was 73.9% in 2020.
- The ratio has increased from 55.6% in 2000, indicating financial sector growth.
- A higher ratio is generally associated with greater financial intermediation and stability.
FAQs
Q: What does this economic trend measure?
A: The Deposit Money Bank Assets to GDP for India measures the total assets held by deposit-taking 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 size and importance of India's banking sector relative to the overall economy, which is a key indicator of financial development and stability.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and balance of payments statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to assess the depth and breadth of India's financial system and its ability to support economic growth and development.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, with a lag of approximately one year.
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Citation
U.S. Federal Reserve, Deposit Money Bank Assets to GDP for India (DDDI02INA156NWDB), retrieved from FRED.