Bank Deposits to GDP for Bangladesh
DDOI02BDA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
41.05
Year-over-Year Change
-2.16%
Date Range
1/1/1974 - 1/1/2021
Summary
The 'Bank Deposits to GDP for Bangladesh' trend measures the ratio of total bank deposits to the country's gross domestic product, providing insight into the size and role of the banking sector in the Bangladeshi 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
This economic indicator represents the extent to which the banking system mobilizes deposits as a share of national output. It is used by economists and policymakers to evaluate financial sector development and the public's confidence in the banking system.
Methodology
The data is calculated by the World Bank using information on bank deposits and GDP from national accounts and other sources.
Historical Context
Bank deposit levels relative to GDP are an important consideration for monetary and financial stability policies.
Key Facts
- Bangladesh's bank deposits to GDP ratio was 50.6% in 2020.
- The ratio has increased from 34.5% in 2000, indicating growing financial intermediation.
- Deposit mobilization is a key priority for expanding access to banking services in Bangladesh.
FAQs
Q: What does this economic trend measure?
A: The 'Bank Deposits to GDP for Bangladesh' trend measures the ratio of total bank deposits to the country's gross domestic product, providing insight into the size and role of the banking sector.
Q: Why is this trend relevant for users or analysts?
A: This indicator is used by economists and policymakers to evaluate financial sector development and the public's confidence in the banking system, which is an important consideration for monetary and financial stability policies.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using information on bank deposits and GDP from national accounts and other sources.
Q: How is this trend used in economic policy?
A: Bank deposit levels relative to GDP are an important consideration for monetary and financial stability policies, as they provide insights into the size and role of the banking sector in the Bangladeshi economy.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, so there may be a delay of up to a year or more in the most recent figures being available.
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Citation
U.S. Federal Reserve, Bank Deposits to GDP for Bangladesh (DDOI02BDA156NWDB), retrieved from FRED.