Financial System Deposits to GDP for Czech Republic
DDDI08CZA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
80.36
Year-over-Year Change
35.23%
Date Range
1/1/1993 - 1/1/2021
Summary
The Financial System Deposits to GDP ratio measures the size of a country's banking deposits relative to its overall economic output. It serves as an indicator of financial development and the role of the banking sector in the 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 Financial System Deposits to GDP ratio represents the total value of deposits held by a country's financial institutions, including banks and other deposit-taking corporations, as a percentage of its gross domestic product. This metric provides insight into the depth and breadth of a nation's financial intermediation.
Methodology
The data is compiled by the World Bank using national accounts and balance of payments statistics.
Historical Context
Policymakers and analysts use this indicator to assess financial sector development and monitor the financial system's contribution to economic growth.
Key Facts
- The Czech Republic's Financial System Deposits to GDP ratio was 87.3% in 2020.
- This metric has steadily increased from around 60% in the early 2000s.
- A higher ratio indicates a more developed financial system.
FAQs
Q: What does this economic trend measure?
A: The Financial System Deposits to GDP ratio measures the total value of deposits held by a country's financial institutions as a percentage of its gross domestic product.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the depth and development of a nation's financial sector, which is crucial for supporting economic growth and financial stability.
Q: How is this data collected or calculated?
A: The data is compiled by the World Bank using national accounts and balance of payments statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to assess financial sector development and monitor the financial system's contribution to economic growth.
Q: Are there update delays or limitations?
A: The data is published annually with a delay of around 1-2 years.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Alcoholic Beverages, Tobacco and Narcotics for Czechia
CZECP020000IXOBM
Harmonized Index of Consumer Prices: Overall Index Excluding Frequent Out-of-Pocket Purchases for Czech Republic
00XFROCZM086NEST
Consumer Price Index: OECD Groups: Energy (Fuel, Electricity, and Gasoline): Total for Czech Republic
CPGREN01CZQ657N
Infra-Annual Labor Statistics: Monthly Unemployment Male: 15 Years or over for Czechia
LFHUTTMACZA647N
Infra-Annual Labor Statistics: Employment: Economic Activity: Agriculture, Forestry and Fishing: Total for Czechia
LFEAAGTTCZA647N
Consumer Price Index: Harmonized Prices: Health (COICOP 06): Total for Czech Republic
CZECPHP0600GPM
Citation
U.S. Federal Reserve, Financial System Deposits to GDP for Czech Republic (DDDI08CZA156NWDB), retrieved from FRED.