Liquid Liabilities to GDP for Austria
DDDI05ATA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
111.69
Year-over-Year Change
20.35%
Date Range
1/1/1960 - 1/1/2021
Summary
The 'Liquid Liabilities to GDP' metric measures the size of a country's financial system relative to its economic output. It serves as an indicator of financial development and depth.
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
Liquid liabilities represent the total value of currency and deposits in the economy. This metric provides insight into the overall scale and liquidity of a nation's financial sector compared to its GDP, reflecting financial intermediation and access to banking services.
Methodology
The data is collected and calculated by the World Bank using standardized national account statistics.
Historical Context
This indicator is used by economists and policymakers to assess financial sector development and monitor financial stability risks.
Key Facts
- Austria's liquid liabilities to GDP ratio was 1.23 in 2020.
- The ratio has declined from a high of 1.37 in 2008.
- Austria has a well-developed financial sector compared to many other European countries.
FAQs
Q: What does this economic trend measure?
A: The 'Liquid Liabilities to GDP' metric measures the size of a country's financial system relative to its economic output, providing insight into financial development and depth.
Q: Why is this trend relevant for users or analysts?
A: This indicator is important for assessing the scale and liquidity of a nation's financial sector, which is crucial for understanding economic and financial stability.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using standardized national account statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this indicator to monitor financial sector development and assess potential financial stability risks.
Q: Are there update delays or limitations?
A: The data is updated annually by the World Bank, with a potential delay of 1-2 years.
Related Trends
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Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Services for Austria
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Bank's Return on Assets for Austria
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Business Tendency Surveys: Production: Economic Activity: Manufacturing: Future Tendency for Austria
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Consumer Price Index: Clothing and Footwear (COICOP 03): Total for Austria
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Ease of doing business index for Austria
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Citation
U.S. Federal Reserve, Liquid Liabilities to GDP for Austria (DDDI05ATA156NWDB), retrieved from FRED.