Bank Lending Deposit Spread for Bulgaria
DDEI02BGA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.32
Year-over-Year Change
-32.62%
Date Range
1/1/2000 - 1/1/2020
Summary
The Bank Lending Deposit Spread for Bulgaria measures the difference between lending and deposit interest rates, providing insight into the profitability and efficiency of the Bulgarian 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 economic indicator tracks the gap between the interest rates banks charge for loans and the rates they pay on deposits. It is a key metric for assessing the competitiveness and health of the financial system.
Methodology
The data is collected and calculated by the World Bank based on official statistics from the National Bank of Bulgaria.
Historical Context
Policymakers and analysts use this spread to monitor the cost of credit and the degree of competition in the Bulgarian banking market.
Key Facts
- The spread averaged 3.3 percentage points from 2010-2020.
- Higher spreads can indicate less competition in the banking sector.
- Narrowing spreads suggest improving efficiency and access to credit.
FAQs
Q: What does this economic trend measure?
A: The Bank Lending Deposit Spread for Bulgaria measures the difference between the interest rates banks charge for loans and the rates they pay on deposits.
Q: Why is this trend relevant for users or analysts?
A: This spread is a key indicator of the competitiveness and health of the Bulgarian banking sector, providing insight into the cost of credit and profitability of financial intermediation.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on official statistics from the National Bank of Bulgaria.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this spread to monitor the cost of credit and the degree of competition in the Bulgarian banking market, informing decisions on financial regulation and oversight.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not fully capture short-term fluctuations in the banking sector.
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Citation
U.S. Federal Reserve, Bank Lending Deposit Spread for Bulgaria (DDEI02BGA156NWDB), retrieved from FRED.