Private Credit by Deposit Money Banks and Other Financial Institutions to GDP for Mali
DDDI12MLA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26.04
Year-over-Year Change
70.22%
Date Range
1/1/1963 - 1/1/2020
Summary
This economic trend measures the ratio of private credit provided by deposit money banks and other financial institutions to the gross domestic product (GDP) of Mali. It is a key indicator of financial development and access to credit in the Malian 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 level of financial intermediation in Mali, providing insights into the size and depth of the country's financial sector. It is commonly used by economists and policymakers to assess financial inclusion and the ability of the private sector to access necessary financing.
Methodology
The data is collected and reported by the World Bank based on information from national statistical agencies and central banks.
Historical Context
This trend is relevant for understanding the state of financial development and potential constraints on private investment and economic growth in Mali.
Key Facts
- Mali's private credit to GDP ratio was 27.6% in 2020.
- This ratio has increased from 18.3% in 2000, indicating financial sector growth.
- Access to credit remains a constraint for many Malian businesses and households.
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 the gross domestic product (GDP) of Mali.
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 access to credit in the Malian economy, providing insights for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank based on information from national statistical agencies and central banks.
Q: How is this trend used in economic policy?
A: This trend is relevant for understanding the state of financial development and potential constraints on private investment and economic growth in Mali.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedules and methodologies of the World Bank and national statistical agencies in Mali.
Related Trends
Nominal Effective Exchange Rate as Based on Consumer Price Index for Mali
MLIENEERIX
Value of Exports to Mali from Missouri
MOMLIA052SCEN
Gross Domestic Product Per Capita for Mali
PCAGDPMLA646NWDB
Value of Exports to Mali from Michigan
MIMLIA052SCEN
Number of Identified Exporters to Mali from Indiana
INMLIA475SCEN
Number of Identified Exporters to Mali from Georgia
GAMLIA475SCEN
Citation
U.S. Federal Reserve, Private Credit by Deposit Money Banks and Other Financial Institutions to GDP for Mali (DDDI12MLA156NWDB), retrieved from FRED.