Central Bank Assets to GDP for Ireland
DDDI06IEA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15.39
Year-over-Year Change
2532.92%
Date Range
1/1/1964 - 1/1/2021
Summary
The Central Bank Assets to GDP for Ireland measures the ratio of total assets held by the Irish central bank to the country's gross domestic product. This indicator provides insights into the scale and role of the central bank in the Irish 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
The Central Bank Assets to GDP ratio tracks the size of the central bank's balance sheet relative to the overall economic output of Ireland. It is used by economists and policymakers to assess the central bank's monetary policy stance and its potential influence on financial markets and macroeconomic conditions.
Methodology
The data is calculated by the World Bank using official central bank and GDP statistics.
Historical Context
This metric is closely watched by investors, analysts, and policymakers to gauge the Irish central bank's activities and their potential impact on the broader economy.
Key Facts
- Ireland's central bank assets were equivalent to 51.3% of GDP in 2021.
- The ratio has fluctuated significantly since the global financial crisis.
- Central bank asset holdings can influence interest rates, inflation, and financial stability.
FAQs
Q: What does this economic trend measure?
A: The Central Bank Assets to GDP for Ireland measures the ratio of total assets held by the Irish central bank to the country's gross domestic product.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the scale and role of the central bank in the Irish economy, which is closely watched by investors, analysts, and policymakers.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using official central bank and GDP statistics.
Q: How is this trend used in economic policy?
A: The Central Bank Assets to GDP ratio is used by economists and policymakers to assess the central bank's monetary policy stance and its potential influence on financial markets and macroeconomic conditions in Ireland.
Q: Are there update delays or limitations?
A: The data is subject to the availability of official central bank and GDP statistics, which may result in occasional update delays.
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Citation
U.S. Federal Reserve, Central Bank Assets to GDP for Ireland (DDDI06IEA156NWDB), retrieved from FRED.