Liquid Liabilities to GDP for Albania
DDDI05ALA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
74.46
Year-over-Year Change
26.13%
Date Range
1/1/1994 - 1/1/2021
Summary
The 'Liquid Liabilities to GDP for Albania' is an important economic indicator that measures the size of a country's financial system relative to its overall economy.
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
This metric represents the value of financial intermediaries' liquid liabilities as a percentage of Albania's GDP. It serves as a proxy for the overall depth and development of the country's financial sector.
Methodology
The data is collected and calculated by the World Bank.
Historical Context
This trend is used by economists and policymakers to assess the financial depth and intermediation in Albania.
Key Facts
- Albania's Liquid Liabilities to GDP ratio was 82.7% in 2020.
- This metric has steadily increased over the past two decades.
- A higher ratio indicates a more developed financial system.
FAQs
Q: What does this economic trend measure?
A: The 'Liquid Liabilities to GDP for Albania' measures the size of the country's financial system relative to its overall economy.
Q: Why is this trend relevant for users or analysts?
A: This metric is used to assess the depth and development of Albania's financial sector, which is an important indicator of economic growth and stability.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to evaluate the financial depth and intermediation in Albania, which informs decisions on financial sector development and economic policies.
Q: Are there update delays or limitations?
A: The data is updated annually by the World Bank, and there may be a lag in the most recent figures becoming available.
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Citation
U.S. Federal Reserve, Liquid Liabilities to GDP for Albania (DDDI05ALA156NWDB), retrieved from FRED.