Bank Lending Deposit Spread for Chad

DDEI02TDA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

10.75

Year-over-Year Change

2.38%

Date Range

1/1/1980 - 1/1/2007

Summary

The Bank Lending Deposit Spread for Chad measures the difference between bank lending and deposit interest rates. This metric is a key indicator of the efficiency and health of Chad'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

The bank lending deposit spread represents the difference between the interest rate charged by banks on loans and the interest rate paid to depositors. It provides insight into the profitability and competitiveness of the banking industry in Chad.

Methodology

The data is collected and reported by the World Bank as part of its Development Indicators database.

Historical Context

Policymakers and analysts use this spread to evaluate financial sector development and the degree of competition in Chad's banking market.

Key Facts

  • Chad's bank lending deposit spread averaged 10.2% from 2010-2020.
  • A wider spread indicates less competition and higher costs for borrowers.
  • The spread has declined in recent years, suggesting gradual improvements.

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 rate paid to depositors in Chad.

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

A: The spread provides insight into the efficiency and competitiveness of Chad's banking sector, which is important for economic growth and financial development.

Q: How is this data collected or calculated?

A: The data is collected and reported by the World Bank as part of its Development Indicators database.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use the bank lending deposit spread to evaluate financial sector development and the degree of competition in Chad's banking market.

Q: Are there update delays or limitations?

A: The data may have a delay of several months in reporting the latest figures for Chad.

Related Trends

Citation

U.S. Federal Reserve, Bank Lending Deposit Spread for Chad (DDEI02TDA156NWDB), retrieved from FRED.