Liquid Liabilities to GDP for Norway
DDDI05NOA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
68.28
Year-over-Year Change
23.71%
Date Range
1/1/1960 - 1/1/2021
Summary
The Liquid Liabilities to GDP ratio measures the size of a country's financial system relative to its economy. It is an important indicator of financial depth and development.
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 include the sum of currency and deposits in the central bank, plus transferable deposits and electronic currency (M1), time and savings deposits, foreign currency transferable deposits, certificates of deposit, and securities repurchase agreements. This ratio provides insight into the overall size and liquidity of the financial sector.
Methodology
The data is calculated by the World Bank using information on financial system liabilities and GDP.
Historical Context
Policymakers and analysts use this metric to assess financial system stability and the role of the financial sector in economic growth.
Key Facts
- Norway's Liquid Liabilities to GDP ratio was 91.4% in 2020.
- The ratio has increased from 70.3% in 2000, indicating growing financial depth.
- Norway has one of the most developed financial systems among advanced economies.
FAQs
Q: What does this economic trend measure?
A: The Liquid Liabilities to GDP ratio measures the size of a country's financial system relative to its overall economy.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the level of financial development and the role of the financial sector in economic growth.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using information on financial system liabilities and GDP.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess financial system stability and the overall development of the financial sector.
Q: Are there update delays or limitations?
A: The data is updated annually, and there may be some delays in reporting from source countries.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Communication for Norway
NORCPHP0800GYM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Food and Non-Alcoholic Beverages for Norway
NORCP010000IXOBM
Harmonized Index of Consumer Prices: Motor Cycles, Bicycles, and Animal Drawn Vehicles for Norway
CP0712NOM086NEST
Balance of Payments: Services: Revenue for Norway
NORB6CRSE03STSAQ
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance for Norway
NORCP050000GYM
Consumer Price Index: Harmonized Prices: Health (COICOP 06): Total for Norway
NORCPHP0600GPM
Citation
U.S. Federal Reserve, Liquid Liabilities to GDP for Norway (DDDI05NOA156NWDB), retrieved from FRED.