Financial System Deposits to GDP for Portugal
DDDI08PTA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
114.62
Year-over-Year Change
36.75%
Date Range
1/1/1960 - 1/1/2021
Summary
The 'Financial System Deposits to GDP for Portugal' trend measures the value of deposits held in the Portuguese financial system as a percentage of the country's GDP. This metric provides insights into the overall size and health of Portugal's banking and financial 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 data series tracks the total value of deposits held by individuals, businesses, and other entities within Portugal's financial institutions, including banks, credit unions, and other deposit-taking organizations. It is an important indicator of the financial system's capacity to support economic activity and investment.
Methodology
The data is collected and reported by the World Bank based on information provided by the Portuguese central bank and national statistical agencies.
Historical Context
Policymakers and analysts use this metric to assess the financial stability and depth of Portugal's economy.
Key Facts
- Portugal's financial system deposits equaled 143.6% of GDP in 2020.
- Deposits have grown from 110.5% of GDP in 2010 to 143.6% in 2020.
- The financial system deposits metric reached its highest level of 156.3% in 2015.
FAQs
Q: What does this economic trend measure?
A: The 'Financial System Deposits to GDP for Portugal' trend measures the total value of deposits held within Portugal's banking and financial institutions as a percentage of the country's gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the overall size and health of Portugal's financial system, which is crucial for supporting economic activity, investment, and financial stability.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank based on information provided by the Portuguese central bank and national statistical agencies.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the depth and stability of Portugal's financial sector, which is important for evaluating the country's economic performance and guiding financial regulatory policies.
Q: Are there update delays or limitations?
A: The data is reported 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 Portugal (DDDI08PTA156NWDB), retrieved from FRED.