Bank Deposits to GDP for Denmark
DDOI02DKA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
60.03
Year-over-Year Change
5.90%
Date Range
1/1/1966 - 1/1/2021
Summary
The Bank Deposits to GDP for Denmark measures the ratio of total bank deposits to the country's gross domestic product, providing insight into the scale of the banking sector relative to the overall 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 indicator represents the size of the banking industry in Denmark compared to the size of the national economy. It is a key metric used by economists and policymakers to assess the depth and development of the financial system.
Methodology
The data is calculated by the World Bank using national accounts and banking sector statistics.
Historical Context
The Bank Deposits to GDP ratio is monitored by central banks and financial regulators to gauge financial stability and the efficiency of financial intermediation.
Key Facts
- Denmark's Bank Deposits to GDP ratio was 179.7% in 2020.
- The ratio has remained above 150% since the early 2000s.
- High deposit levels indicate a well-developed banking system.
FAQs
Q: What does this economic trend measure?
A: The Bank Deposits to GDP for Denmark measures the size of the country's banking sector relative to the overall economy.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the depth and development of Denmark's financial system, which is important for assessing financial stability and the efficiency of credit intermediation.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and banking sector statistics.
Q: How is this trend used in economic policy?
A: Central banks and financial regulators monitor the Bank Deposits to GDP ratio to gauge financial stability and the effectiveness of financial intermediation.
Q: Are there update delays or limitations?
A: The data is published annually with a lag of approximately one year.
Related Trends
Infra-Annual Labor Statistics: Employment Female: From 15 to 24 Years for Denmark
LFEM24FEDKA647N
Balance of Payments: Services: Expenditure for Denmark
DNKB6DBSE02STSAQ
Infra-Annual Labor Statistics: Unemployment Rate Female: From 55 to 64 Years for Denmark
LRUN55FEDKA156N
Infra-Annual Labor Statistics: Labor Force Female: 15 Years or over for Denmark
LFACTTFEDKQ647N
Infra-Annual Labor Statistics: Unemployment Rate Female: From 25 to 54 Years for Denmark
LRUN25FEDKQ156S
Infra-Annual Labor Statistics: Employment Male: From 15 to 74 Years for Denmark
LFEM74MADKA647N
Citation
U.S. Federal Reserve, Bank Deposits to GDP for Denmark (DDOI02DKA156NWDB), retrieved from FRED.