Liquid Liabilities to GDP for Ecuador
DDDI05ECA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
51.41
Year-over-Year Change
104.39%
Date Range
1/1/1960 - 1/1/2021
Summary
The 'Liquid Liabilities to GDP for Ecuador' trend measures the size of a country's financial system relative to its economy. It is an important indicator of financial development and can inform economic policy decisions.
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, also known as broad money, include currency, deposits, and other liabilities of financial intermediaries. This metric provides insight into the overall depth and accessibility of a nation's financial system and is used by economists to assess financial sector development.
Methodology
The data is collected and calculated by the World Bank using national accounts and monetary survey information.
Historical Context
Policymakers and analysts use this metric to evaluate the financial health and stability of Ecuador's economy.
Key Facts
- Ecuador's liquid liabilities-to-GDP ratio was 25.9% in 2020.
- This metric has increased from 18.4% in 2000, indicating financial sector growth.
- High levels of liquid liabilities suggest a well-developed financial system.
FAQs
Q: What does this economic trend measure?
A: The 'Liquid Liabilities to GDP for Ecuador' metric measures the size of Ecuador's financial system relative to its overall economy.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the depth and accessibility of Ecuador's financial sector, which is crucial for evaluating the country's economic development and financial stability.
Q: How is this data collected or calculated?
A: The World Bank collects and calculates this data using national accounts and monetary survey information.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the health and growth of Ecuador's financial system, which informs decisions around monetary and financial sector policies.
Q: Are there update delays or limitations?
A: There may be some delay in data availability, as the World Bank compiles this information from national sources. The metric also does not capture all aspects of financial development.
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Citation
U.S. Federal Reserve, Liquid Liabilities to GDP for Ecuador (DDDI05ECA156NWDB), retrieved from FRED.