Financial System Deposits to GDP for Burundi
DDDI08BIA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
38.35
Year-over-Year Change
86.15%
Date Range
1/1/1964 - 1/1/2020
Summary
The 'Financial System Deposits to GDP for Burundi' trend measures the value of deposits held by financial institutions as a percentage of Burundi's GDP. This provides insight into the development and depth of Burundi's financial 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
This indicator represents the total value of deposits in Burundi's financial institutions, including commercial banks and other deposit-taking corporations, divided by the country's Gross Domestic Product. It is a measure of financial intermediation and the relative size of the formal banking sector.
Methodology
The data is collected and calculated by the World Bank using national accounts and balance sheet information.
Historical Context
This metric is used by economists and policymakers to assess the financial inclusion and development of Burundi's economy.
Key Facts
- Burundi's financial system deposits were 23.3% of GDP in 2020.
- This indicator has grown from 15.8% in 2010 to 23.3% in 2020.
- Increasing financial deposits relative to GDP indicates growing financial intermediation.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of deposits held in Burundi's financial institutions, including banks, as a percentage of the country's Gross Domestic Product.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the development and depth of Burundi's financial system, which is important for assessing financial inclusion and the overall state of the economy.
Q: How is this data collected or calculated?
A: The World Bank collects this data using national accounts and financial institution balance sheet information.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this indicator to evaluate the level of financial intermediation and development in Burundi's economy.
Q: Are there update delays or limitations?
A: This data is published annually with a lag, so the most recent year may not be immediately available.
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Citation
U.S. Federal Reserve, Financial System Deposits to GDP for Burundi (DDDI08BIA156NWDB), retrieved from FRED.