Bank Deposits to GDP for Islamic Republic of Iran
DDOI02IRA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
85.26
Year-over-Year Change
135.63%
Date Range
1/1/1961 - 1/1/2016
Summary
The Bank Deposits to GDP for the Islamic Republic of Iran measures the ratio of total bank deposits to the country's Gross Domestic Product. This indicator provides insights into the level of financial intermediation and the banking sector's role in the Iranian 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 key metric used by economists and policymakers to assess the depth and development of a country's financial system. It reflects the banking sector's ability to mobilize and channel savings into productive investments, which is crucial for economic growth and stability.
Methodology
The data is collected and calculated by the World Bank using national accounts and balance of payments statistics.
Historical Context
This indicator is widely used to evaluate financial sector policies and monitor financial stability in Iran and other emerging economies.
Key Facts
- Bank deposits in Iran were 48.4% of GDP in 2020.
- The ratio has fluctuated between 40-50% over the past decade.
- Higher ratios indicate a more developed financial system.
FAQs
Q: What does this economic trend measure?
A: The Bank Deposits to GDP ratio measures the total value of bank deposits held by the public relative to the country's Gross Domestic Product.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into the depth and development of Iran's financial system, which is crucial for economic growth and stability.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using national accounts and balance of payments statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to evaluate financial sector policies and monitor financial stability in Iran and other emerging economies.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, and may not capture recent changes in the banking sector.
Related Trends
Number of Identified Exporters to Islamic Republic of Iran from Illinois
ILIRNA475SCEN
Value of Exports to Islamic Republic of Iran from Connecticut
CTIRNA052SCEN
Total Revenue, Excluding Grants, for General Government for Iran, Islamic Republic of
IRNGGRXGGDPGDPPT
Value of Exports to Islamic Republic of Iran from Oklahoma
OKIRNA052SCEN
People 15 Years and Over with Account at a Formal Financial Institution for Islamic Republic of Iran
DDAI05IRA156NWDB
Net Issues of International Debt Securities for All Issuers, All Maturities, Nationality of Issuer in Iran
IDSGAMNINIIR
Citation
U.S. Federal Reserve, Bank Deposits to GDP for Islamic Republic of Iran (DDOI02IRA156NWDB), retrieved from FRED.