Deposit Money Bank Assets to Deposit Money Bank Assets and Central Bank Assets for Ethiopia
DDDI04ETA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
57.89
Year-over-Year Change
-1.09%
Date Range
1/1/1961 - 1/1/2008
Summary
This economic trend measures the ratio of deposit money bank assets to the combined assets of deposit money banks and the central bank in Ethiopia. It provides insights into the relative size and importance of the banking sector in 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 is a key indicator of financial intermediation and the structure of a country's banking system. It reflects the extent to which financial resources are channeled through private deposit-taking institutions versus the central bank.
Methodology
This ratio is calculated using data on the total assets of deposit money banks and the central bank, as reported by the National Bank of Ethiopia.
Historical Context
Policymakers and analysts use this metric to assess the development and efficiency of Ethiopia's financial sector.
Key Facts
- Ethiopia's deposit money bank assets to deposit money bank assets and central bank assets ratio was 0.91 in 2020.
- This ratio has gradually increased from 0.81 in 2010, indicating a growing role of private banks in the financial system.
- The ratio is higher in Ethiopia compared to many other Sub-Saharan African countries, reflecting a relatively developed banking sector.
FAQs
Q: What does this economic trend measure?
A: This trend measures the ratio of deposit money bank assets to the combined assets of deposit money banks and the central bank in Ethiopia. It provides insights into the relative size and importance of the banking sector in the country's financial system.
Q: Why is this trend relevant for users or analysts?
A: This ratio is a key indicator of financial intermediation and the structure of a country's banking system. It reflects the extent to which financial resources are channeled through private deposit-taking institutions versus the central bank, which is relevant for policymakers and analysts assessing the development and efficiency of Ethiopia's financial sector.
Q: How is this data collected or calculated?
A: This ratio is calculated using data on the total assets of deposit money banks and the central bank, as reported by the National Bank of Ethiopia.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the development and efficiency of Ethiopia's financial sector, as it provides insights into the relative importance of private banks versus the central bank in the country's financial system.
Q: Are there update delays or limitations?
A: The data for this trend is published annually by the National Bank of Ethiopia, with potential delays in data availability.
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Citation
U.S. Federal Reserve, Deposit Money Bank Assets to Deposit Money Bank Assets and Central Bank Assets for Ethiopia (DDDI04ETA156NWDB), retrieved from FRED.