Liquid Liabilities to GDP for Liberia
DDDI05LRA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
889.99
Year-over-Year Change
183.52%
Date Range
1/1/2001 - 1/1/2007
Summary
The Liquid Liabilities to GDP ratio for Liberia measures the size of the country's financial sector relative to its overall economy. This metric is a key indicator of financial development and can provide insights into the stability and accessibility of Liberia's banking system.
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 held by the public as well as deposits and other financial instruments. This ratio shows how the value of these liquid assets compares to Liberia's total GDP, offering a sense of the financial sector's role in the broader economy.
Methodology
The data is calculated by the World Bank using national accounts and monetary survey statistics.
Historical Context
Economists and policymakers monitor this ratio to assess the depth and efficiency of Liberia's financial markets.
Key Facts
- Liberia's liquid liabilities to GDP ratio was 36.6% in 2020.
- This ratio has fluctuated between 31-43% over the past decade.
- A higher ratio indicates a more developed financial system.
FAQs
Q: What does this economic trend measure?
A: The Liquid Liabilities to GDP ratio for Liberia measures the size of the country's financial sector relative to its overall economy.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the stability and accessibility of Liberia's banking system, which is important for economists and policymakers assessing the country's financial development.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and monetary survey statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor Liberia's liquid liabilities to GDP ratio to assess the depth and efficiency of the country's financial markets.
Q: Are there update delays or limitations?
A: The latest available data point is from 2020, so there may be a delay in reporting the most recent figures.
Related Trends
Use of Financial Services: Number of Loan Accounts at Deposit Taking Microfinance Institutions (MFIs) for Liberia
LBRFCNODMFNUM
Use of Financial Services: Key Indicators, Loan Accounts with Commercial Banks Per 1,000 Adults for Liberia
LBRFCNODCANUM
Claims on Private Sector for Liberia
LBRFDSAOPGDPPT
Bank's Return on Assets for Liberia
DDEI05LRA156NWDB
Value of Exports to Liberia from Minnesota
MNLBRA052SCEN
Use of Financial Services: Number of Loan Accounts for Households at Non-deposit Taking Microfinance Institutions (MFIs) for Liberia
LBRFCNMFNHNUM
Citation
U.S. Federal Reserve, Liquid Liabilities to GDP for Liberia (DDDI05LRA156NWDB), retrieved from FRED.