Liquid Liabilities to GDP for Saint Kitts and Nevis
DDDI05KNA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
114.47
Year-over-Year Change
7.29%
Date Range
1/1/1979 - 1/1/2021
Summary
The 'Liquid Liabilities to GDP for Saint Kitts and Nevis' measures the size of the financial sector relative to the overall economy. This indicator is closely watched by economists and policymakers for insights into 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, include the total value of currency and deposits in an economy. This metric provides a broad gauge of financial intermediation and can signal the level of financial depth in a country like Saint Kitts and Nevis.
Methodology
The data is calculated by the World Bank using national accounts and monetary survey information.
Historical Context
Trends in liquid liabilities relative to GDP are relevant for assessing financial sector development and policies.
Key Facts
- Saint Kitts and Nevis has seen steady growth in liquid liabilities since the early 2000s.
- The liquid liabilities to GDP ratio peaked at around 90% in 2018.
- Financial deepening is a key policy priority for small island economies like Saint Kitts and Nevis.
FAQs
Q: What does this economic trend measure?
A: The 'Liquid Liabilities to GDP' metric measures the size of the financial sector relative to the overall economy of Saint Kitts and Nevis.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into the level of financial development and intermediation in the economy, which is crucial for assessing financial stability and growth potential.
Q: How is this data collected or calculated?
A: The World Bank calculates this metric using national accounts and monetary survey information.
Q: How is this trend used in economic policy?
A: Trends in liquid liabilities to GDP are relevant for policymakers and analysts assessing financial sector development and the effectiveness of policies aimed at promoting financial deepening.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, and may not capture the most recent economic conditions in Saint Kitts and Nevis.
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Citation
U.S. Federal Reserve, Liquid Liabilities to GDP for Saint Kitts and Nevis (DDDI05KNA156NWDB), retrieved from FRED.