Liquid Liabilities to GDP for Ireland
DDDI05IEA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
107.72
Year-over-Year Change
-29.11%
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 overall economy. It is an important indicator of financial development and stability.
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, encompass the total value of currency plus demand, time and saving deposits. This ratio to GDP reflects the overall depth and accessibility of a nation's financial institutions and markets.
Methodology
The data is collected and calculated by the World Bank based on official national accounts and monetary statistics.
Historical Context
Policymakers and analysts use this metric to assess the financial landscape and guide policies that promote economic growth and financial inclusion.
Key Facts
- Ireland's liquid liabilities to GDP ratio was 221.8% in 2020.
- This ratio has increased from 149.1% in 1970, reflecting the country's financial sector growth.
- Higher ratios indicate a more developed financial system.
FAQs
Q: What does this economic trend measure?
A: The 'Liquid Liabilities to GDP' metric measures the total value of a country's currency, demand deposits, and other liquid instruments as a percentage of its Gross Domestic Product.
Q: Why is this trend relevant for users or analysts?
A: This ratio is an important indicator of a country's financial development and the depth of its banking and credit markets, which are key factors in supporting economic growth.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on official national accounts and monetary statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the financial landscape and guide policies that promote economic growth, financial inclusion, and stability.
Q: Are there update delays or limitations?
A: The data is published annually with some delay, and may not capture short-term fluctuations in financial markets.
Related Trends
Infra-Annual Labor Statistics: Labor Force Male: From 25 to 54 Years for Ireland
LFAC25MAIEA647S
Consumer Price Index: OECD Groups: Housing: Total for Ireland
IRLCPGRHO01GPM
Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: 25 Years or over for Ireland
LRHUADTTIEA156S
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Food and Non-Alcoholic Beverages for Ireland
IRLCPHP0100IXOBM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Alcoholic Beverages, Tobacco and Narcotics for Ireland
IRLCPHP0200IXOBM
Gross Domestic Product Deflator for Ireland
NGDPDIXIRA
Citation
U.S. Federal Reserve, Liquid Liabilities to GDP for Ireland (DDDI05IEA156NWDB), retrieved from FRED.