Central Bank Assets to GDP for Cote d'Ivoire
DDDI06CIA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.71
Year-over-Year Change
76.67%
Date Range
1/1/1963 - 1/1/2021
Summary
The Central Bank Assets to GDP for Cote d'Ivoire measures the total assets held by the central bank as a percentage of the country's Gross Domestic Product. This metric provides insights into the size and influence of the central bank within the broader economy.
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
This indicator represents the relative scale of the central bank's balance sheet compared to the overall size of the Ivorian economy. It is used by economists and policymakers to assess the central bank's monetary policy tools and influence on financial markets.
Methodology
The data is calculated by the World Bank using official central bank and GDP statistics.
Historical Context
Central bank asset levels are closely watched by investors and governments as an indicator of monetary policy and financial stability.
Key Facts
- Central bank assets were 31.3% of GDP in Cote d'Ivoire in 2021.
- The ratio has remained relatively stable over the past decade.
- Cote d'Ivoire is a member of the West African Economic and Monetary Union (WAEMU).
FAQs
Q: What does this economic trend measure?
A: This indicator measures the total assets held by the central bank of Cote d'Ivoire as a percentage of the country's Gross Domestic Product (GDP).
Q: Why is this trend relevant for users or analysts?
A: The central bank asset to GDP ratio provides insights into the size and influence of the central bank within the broader Ivorian economy, which is relevant for economists, policymakers, and investors.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using official central bank and GDP statistics for Cote d'Ivoire.
Q: How is this trend used in economic policy?
A: Central bank asset levels are closely watched by investors and governments as an indicator of monetary policy and financial stability, which can inform economic and policy decisions.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank with a delay of approximately one year.
Related Trends
Use of Financial Services: Number of Depositors which are Households at Commercial Banks for Cote d'Ivoire
CIVFCDODCHPENUM
Amount Outstanding of International Debt Securities for Issuers in General Government Sector, All Maturities, Residence of Issuer in Cote d'Ivoire
IDSGAMRIAOCI
Value of Exports to Cote d'Ivoire from Connecticut
CTCIVA052SCEN
Number of Identified Exporters to Cote d'Ivoire from Connecticut
CTCIVA475SCEN
General Government Revenue for Cote d'Ivoire
CIVGGRG01GDPPT
Net Lending (+) / Net Borrowing (-) (balance from Financial Account) as Direct Investment for Cote d'Ivoire
CIVBFDBP6GDPPT
Citation
U.S. Federal Reserve, Central Bank Assets to GDP for Cote d'Ivoire (DDDI06CIA156NWDB), retrieved from FRED.