Deposit Money Bank Assets to Deposit Money Bank Assets and Central Bank Assets for Saint Vincent and the Grenadines
DDDI04VCA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
95.36
Year-over-Year Change
-4.24%
Date Range
1/1/1975 - 1/1/2021
Summary
This economic trend measures the total assets held by deposit money banks and the central bank in Saint Vincent and the Grenadines. It provides insight into the size and stability of the country's banking sector.
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 proportion of total financial assets held by deposit money banks compared to the central bank. It is a key indicator of financial intermediation and the overall health of the banking system.
Methodology
The data is collected and reported by the World Bank based on official national accounts and banking statistics.
Historical Context
This metric is used by economists and policymakers to evaluate the depth and efficiency of Saint Vincent and the Grenadines' financial sector.
Key Facts
- Saint Vincent and the Grenadines is an island country in the Caribbean Sea.
- The banking sector accounts for a significant portion of the country's financial system.
- This ratio has remained relatively stable over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total assets held by deposit money banks compared to the central bank in Saint Vincent and the Grenadines. It provides insight into the size and structure of the country's banking sector.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for evaluating the depth and efficiency of the financial sector in Saint Vincent and the Grenadines, which can have implications for economic growth and stability.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank based on official national accounts and banking statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess the health and development of the financial system, which can inform decisions on monetary policy, financial regulation, and economic development strategies.
Q: Are there update delays or limitations?
A: The data is updated annually by the World Bank, and there may be some delays in reporting compared to more frequently updated economic indicators.
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Citation
U.S. Federal Reserve, Deposit Money Bank Assets to Deposit Money Bank Assets and Central Bank Assets for Saint Vincent and the Grenadines (DDDI04VCA156NWDB), retrieved from FRED.