Bank Deposits to GDP for Aruba
DDOI02AWA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
111.05
Year-over-Year Change
101.41%
Date Range
1/1/1986 - 1/1/2020
Summary
The 'Bank Deposits to GDP for Aruba' metric measures the ratio of a country's total bank deposits to its gross domestic product. This indicator provides insights into the level of financial intermediation and banking sector development 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 bank deposits to GDP ratio is a widely used metric in macroeconomic and financial analysis. It reflects the depth and breadth of a country's banking system and its ability to mobilize domestic savings. Higher ratios generally indicate a more developed financial sector.
Methodology
This data is collected and calculated by the World Bank using national accounts and banking sector information.
Historical Context
Policymakers and investors monitor this indicator to assess financial system stability and the potential for financial deepening.
Key Facts
- Aruba's bank deposits to GDP ratio was 98.7% in 2020.
- The ratio has remained relatively stable over the past decade.
- Higher ratios indicate a more developed banking system.
FAQs
Q: What does this economic trend measure?
A: The 'Bank Deposits to GDP for Aruba' metric measures the ratio of a country's total bank deposits to its gross domestic product, providing insights into the depth and development of the banking sector.
Q: Why is this trend relevant for users or analysts?
A: This indicator is relevant for policymakers, investors, and analysts as it reflects the level of financial intermediation and the potential for financial deepening in the economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using national accounts and banking sector information.
Q: How is this trend used in economic policy?
A: Policymakers and institutions monitor this indicator to assess financial system stability and the potential for further development of the banking sector.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture the most recent changes in the banking sector.
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Citation
U.S. Federal Reserve, Bank Deposits to GDP for Aruba (DDOI02AWA156NWDB), retrieved from FRED.