Private Credit by Deposit Money Banks and Other Financial Institutions to GDP for Brazil
DDDI12BRA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
71.44
Year-over-Year Change
23.92%
Date Range
1/1/1960 - 1/1/2021
Summary
This economic trend measures the ratio of private credit provided by deposit money banks and other financial institutions to Brazil's gross domestic product (GDP). 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 private credit to GDP ratio tracks the extent to which the private sector in Brazil has access to credit from the formal financial system. This metric is widely used by economists and policymakers to assess the depth and efficiency of a country's financial intermediation.
Methodology
The data is compiled by the World Bank from national accounts and financial sector data.
Historical Context
Monitoring this trend helps policymakers evaluate financial sector policies and their impact on economic growth.
Key Facts
- Private credit to GDP ratio in Brazil was 51.75% in 2020.
- The ratio has increased from 25.7% in 1970 to 51.75% in 2020.
- Higher private credit access is linked to faster economic growth.
FAQs
Q: What does this economic trend measure?
A: This trend measures the ratio of private credit provided by deposit money banks and other financial institutions to Brazil's gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: The private credit to GDP ratio is a key indicator of financial development and the role of the banking sector in supporting economic growth in Brazil.
Q: How is this data collected or calculated?
A: The data is compiled by the World Bank from national accounts and financial sector data.
Q: How is this trend used in economic policy?
A: Monitoring this trend helps policymakers evaluate financial sector policies and their impact on economic growth in Brazil.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so there may be a delay in accessing the most recent figures.
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Citation
U.S. Federal Reserve, Private Credit by Deposit Money Banks and Other Financial Institutions to GDP for Brazil (DDDI12BRA156NWDB), retrieved from FRED.