Bank Deposits to GDP for Czech Republic
DDOI02CZA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
80.36
Year-over-Year Change
35.23%
Date Range
1/1/1993 - 1/1/2021
Summary
The Bank Deposits to GDP trend measures the ratio of total bank deposits to the gross domestic product of the Czech Republic. This indicator provides insights into the depth and development of the country's financial system.
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
Bank deposits are a key component of a nation's money supply and financial intermediation. The Bank Deposits to GDP ratio offers an assessment of the size of the banking sector relative to the overall economy, which is useful for analyzing financial stability and the degree of financial inclusion.
Methodology
The data is calculated by the World Bank using official national accounts and banking sector statistics.
Historical Context
Policymakers and analysts use this metric to gauge the financial sector's role in economic growth and development.
Key Facts
- Bank deposits in the Czech Republic were 110% of GDP in 2021.
- The ratio has steadily increased from 80% in 2000, indicating financial deepening.
- High deposit levels suggest a stable and well-functioning banking system.
FAQs
Q: What does this economic trend measure?
A: The Bank Deposits to GDP trend measures the ratio of total bank deposits to the gross domestic product of the Czech Republic, providing insights into the size and development of the country's financial system.
Q: Why is this trend relevant for users or analysts?
A: This metric is useful for assessing financial stability, the degree of financial inclusion, and the banking sector's role in economic growth and development.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using official national accounts and banking sector statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to gauge the financial sector's contribution to the overall economy and to inform decisions on financial regulation and development policies.
Q: Are there update delays or limitations?
A: The data is published annually with a delay of approximately one year.
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Citation
U.S. Federal Reserve, Bank Deposits to GDP for Czech Republic (DDOI02CZA156NWDB), retrieved from FRED.