Deposit Money Bank Assets to Deposit Money Bank Assets and Central Bank Assets for Gambia

DDDI04GMA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

65.29

Year-over-Year Change

-29.12%

Date Range

1/1/1965 - 1/1/2018

Summary

This trend measures the ratio of deposit money bank assets to total bank assets, including central bank assets, in The Gambia. It provides insight into the role and relative importance 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 for Gambia ratio tracks the proportion of total banking sector assets held by private deposit-taking institutions versus the central bank. This metric offers a snapshot of the structure and development of The Gambia's financial intermediation.

Methodology

The data is collected and calculated by the World Bank using information from central banks and national accounts.

Historical Context

Policymakers and analysts use this indicator to assess the financial depth and intermediation capacity of The Gambia's economy.

Key Facts

  • Gambia's deposit money bank assets were 83.3% of total bank assets in 2020.
  • This ratio has declined from a high of 95.4% in 1980.
  • The Gambia has a relatively large banking sector compared to its GDP.

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 The Gambia. It provides insight into the role and relative importance of the banking sector within the country's financial system.

Q: Why is this trend relevant for users or analysts?

A: This metric offers a snapshot of the structure and development of The Gambia's financial intermediation, which is important for policymakers and analysts to assess the depth and capacity of the country's banking sector.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the World Bank using information from central banks and national accounts.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this indicator to assess the financial depth and intermediation capacity of The Gambia's economy, which is relevant for informing financial sector policies and development strategies.

Q: Are there update delays or limitations?

A: The data may be subject to reporting lags or revisions by the source, and the indicator may not capture all aspects of financial sector structure and development in The Gambia.

Related Trends

Citation

U.S. Federal Reserve, Deposit Money Bank Assets to Deposit Money Bank Assets and Central Bank Assets for Gambia (DDDI04GMA156NWDB), retrieved from FRED.