Deposit Money Bank Assets to Deposit Money Bank Assets and Central Bank Assets for Benin
DDDI04BJA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
86.83
Year-over-Year Change
-7.94%
Date Range
1/1/1962 - 1/1/2021
Summary
This economic trend measures the ratio of deposit money bank assets to total bank assets, including central bank assets, in Benin. It provides insight into the structure and role of the banking sector within the country's financial system.
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 deposit money bank assets and central bank assets ratio represents the relative size and importance of commercial banks compared to the central bank in Benin's financial system. It is used by economists and policymakers to assess financial sector development and the degree of bank-based intermediation.
Methodology
The data is collected and calculated by the World Bank using information from national sources.
Historical Context
This trend is relevant for understanding the structure and efficiency of Benin's financial sector and its implications for economic growth and stability.
Key Facts
- The ratio has remained relatively stable around 0.95 since 2010.
- Benin's banking sector is dominated by commercial banks compared to the central bank.
- The trend indicates a high degree of bank-based financial intermediation in the country.
FAQs
Q: What does this economic trend measure?
A: This trend measures the ratio of deposit money bank assets to total bank assets, including central bank assets, in Benin. It provides insight into the structure and role of the banking sector within the country's financial system.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for understanding the structure and efficiency of Benin's financial sector and its implications for economic growth and stability.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using information from national sources.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to assess financial sector development and the degree of bank-based intermediation in Benin.
Q: Are there update delays or limitations?
A: The data is published with a lag, and there may be limitations in the accuracy or completeness of the information provided by national sources.
Related Trends
Credit to Government and State-Owned Enterprises to GDP for Benin
DDEI08BJA156NWDB
Population, Total for Benin
POPTOTBJA647NWDB
Value of Exports to Benin from Massachusetts
MABENA052SCEN
Value of Exports to Benin from Pennsylvania
PABENA052SCEN
Number of Identified Exporters to Benin from Massachusetts
MABENA475SCEN
Use of Financial Services, Assets: Outstanding Loans at Non-deposit Taking Microfinance Institutions (MFIs) for Benin
BENFCSMMFXDC
Citation
U.S. Federal Reserve, Deposit Money Bank Assets to Deposit Money Bank Assets and Central Bank Assets for Benin (DDDI04BJA156NWDB), retrieved from FRED.