Bank Deposits to GDP for Mauritania
DDOI02MRA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.69
Year-over-Year Change
-84.92%
Date Range
1/1/2005 - 1/1/2017
Summary
The Bank Deposits to GDP ratio for Mauritania measures the total value of bank deposits as a percentage of the country's Gross Domestic Product. This indicator provides insights into the depth and development of Mauritania's financial sector.
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 measure of financial intermediation and the role of the banking system in the economy. It helps assess the level of monetization and the capacity of the financial sector to mobilize savings and provide credit to businesses and individuals.
Methodology
The data is calculated by the World Bank using national accounts and banking sector data.
Historical Context
Policymakers use this metric to evaluate financial sector deepening and inform policies aimed at promoting financial inclusion and economic growth.
Key Facts
- Bank deposits in Mauritania were 31.9% of GDP in 2020.
- The ratio has increased from 24.7% in 2010, indicating financial sector growth.
- Mauritania's ratio is lower than the sub-Saharan Africa average of 41.9% (2020).
FAQs
Q: What does this economic trend measure?
A: The Bank Deposits to GDP ratio measures the total value of bank deposits in Mauritania as a percentage of the country's Gross Domestic Product.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the depth and development of Mauritania's financial sector, which is crucial for economic growth and financial inclusion.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and banking sector data.
Q: How is this trend used in economic policy?
A: Policymakers use this metric to evaluate financial sector deepening and inform policies aimed at promoting financial inclusion and economic growth.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, with a lag of approximately one year.
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Citation
U.S. Federal Reserve, Bank Deposits to GDP for Mauritania (DDOI02MRA156NWDB), retrieved from FRED.