Deposit Money Bank Assets to Deposit Money Bank Assets and Central Bank Assets for Saint Lucia
DDDI04LCA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
96.60
Year-over-Year Change
-3.22%
Date Range
1/1/1975 - 1/1/2020
Summary
This economic trend measures the ratio of deposit money bank assets to total deposit money bank and central bank assets in Saint Lucia. 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 the structure and development of a country's financial system. It reflects the role and dominance of commercial banks compared to the central bank in providing financial services and intermediation.
Methodology
This data is collected and calculated by the World Bank using information reported by the national central bank and financial institutions.
Historical Context
Policymakers and analysts use this metric to assess the depth and efficiency of Saint Lucia's financial sector and its evolution over time.
Key Facts
- Saint Lucia's deposit money bank assets to total assets ratio was 0.935 in 2020.
- This ratio has remained above 0.9 since the early 2000s, indicating the dominance of commercial banks.
- A high ratio suggests a well-developed private banking sector in Saint Lucia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the ratio of deposit money bank assets to the total assets of deposit money banks and the central bank in Saint Lucia. It provides insights into the relative size and importance of the commercial banking sector in the country's financial system.
Q: Why is this trend relevant for users or analysts?
A: This metric is relevant for understanding the structure and development of Saint Lucia's financial sector. It helps analysts and policymakers assess the depth and efficiency of financial intermediation in the country.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using information reported by Saint Lucia's central bank and financial institutions.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this indicator to evaluate the role and dominance of commercial banks compared to the central bank in providing financial services and intermediation in Saint Lucia.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, with a potential delay of 1-2 years in the most recent observations.
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Citation
U.S. Federal Reserve, Deposit Money Bank Assets to Deposit Money Bank Assets and Central Bank Assets for Saint Lucia (DDDI04LCA156NWDB), retrieved from FRED.