Financial System Deposits to GDP for Spain
DDDI08ESA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
119.72
Year-over-Year Change
19.69%
Date Range
1/1/1960 - 1/1/2021
Summary
The Financial System Deposits to GDP for Spain measures the total deposits held in the Spanish financial system as a percentage of the country's gross domestic product. This trend provides insights into the size and stability of Spain's banking sector.
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 held in commercial banks, savings institutions, and other deposit-taking financial corporations in Spain, expressed as a ratio to the country's GDP. It offers a gauge of the overall size and depth of the Spanish financial system in relation to the broader economy.
Methodology
The data is collected and calculated by the World Bank using official government sources.
Historical Context
This metric is closely monitored by policymakers, investors, and analysts to assess the financial health and intermediation capacity of the Spanish economy.
Key Facts
- Spain's Financial System Deposits to GDP ratio was 202.6% in 2021.
- The ratio has decreased from a high of 226.5% in 2008 during the global financial crisis.
- Spain's ratio is above the Eurozone average, indicating a relatively large banking sector.
FAQs
Q: What does this economic trend measure?
A: The Financial System Deposits to GDP for Spain measures the total value of deposits held in the Spanish financial system as a percentage of the country's gross domestic product.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the size and stability of Spain's banking sector in relation to the broader economy, which is important for assessing financial system health and intermediation capacity.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using official government sources.
Q: How is this trend used in economic policy?
A: This indicator is closely monitored by policymakers, investors, and analysts to assess the financial health and intermediation capacity of the Spanish economy.
Q: Are there update delays or limitations?
A: The data is updated annually, and there may be some reporting delays or limitations in data collection from government sources.
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Citation
U.S. Federal Reserve, Financial System Deposits to GDP for Spain (DDDI08ESA156NWDB), retrieved from FRED.