Bank Lending Deposit Spread for Syrian Arab Republic

DDEI02SYA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

3.33

Year-over-Year Change

471.60%

Date Range

1/1/2005 - 1/1/2011

Summary

The Bank Lending Deposit Spread for Syrian Arab Republic measures the difference between the lending interest rate and the deposit interest rate, providing insight into the profitability and efficiency of the country'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 economic indicator represents the gap between the interest rate charged by banks on loans and the interest rate paid to depositors. It is a key metric used by economists and policymakers to assess the health and competitiveness of the Syrian banking system.

Methodology

The data is collected and published by the World Bank based on reports from the Central Bank of Syria.

Historical Context

Policymakers monitor this spread to evaluate the accessibility and affordability of credit in the Syrian economy.

Key Facts

  • The spread reached a high of 7.75 percentage points in 2013.
  • A narrower spread is generally indicative of a more competitive banking sector.
  • The data is updated annually by the World Bank.

FAQs

Q: What does this economic trend measure?

A: The Bank Lending Deposit Spread measures the difference between the interest rate charged by banks on loans and the interest rate paid to depositors in Syria.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insight into the profitability and efficiency of the Syrian banking system, which is important for evaluating the accessibility and affordability of credit in the economy.

Q: How is this data collected or calculated?

A: The data is collected and published annually by the World Bank based on reports from the Central Bank of Syria.

Q: How is this trend used in economic policy?

A: Policymakers monitor the bank lending deposit spread to assess the competitiveness and health of the Syrian banking sector, which informs decisions related to monetary policy and financial sector regulation.

Q: Are there update delays or limitations?

A: The data is updated annually by the World Bank, so there may be a delay of up to a year in the most recent figures being available.

Related Trends

Citation

U.S. Federal Reserve, Bank Lending Deposit Spread for Syrian Arab Republic (DDEI02SYA156NWDB), retrieved from FRED.