Bank Deposits to GDP for Qatar

DDOI02QAA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

91.15

Year-over-Year Change

54.94%

Date Range

1/1/1970 - 1/1/2021

Summary

The 'Bank Deposits to GDP for Qatar' trend measures the total value of deposits held in banks as a percentage of Qatar's gross domestic product. This ratio is an important indicator of financial development and stability.

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 tracks the level of financial intermediation in Qatar's economy. It provides insights into the size and role of the banking sector relative to overall economic output, which is relevant for assessing financial market depth and access to credit.

Methodology

The data is collected by the World Bank as part of their World Development Indicators database.

Historical Context

Policymakers and analysts use this metric to evaluate the financial system's ability to mobilize savings and facilitate investment.

Key Facts

  • Qatar's bank deposits to GDP ratio was 84.3% in 2020.
  • The ratio has increased from 66.3% in 2000, indicating financial deepening.
  • High ratios suggest a well-developed banking system and access to financial services.

FAQs

Q: What does this economic trend measure?

A: The 'Bank Deposits to GDP for Qatar' metric measures the total value of deposits held in banks as a percentage of Qatar's gross domestic product.

Q: Why is this trend relevant for users or analysts?

A: This indicator provides insights into the size and role of the banking sector relative to the overall economy, which is relevant for assessing financial market depth and access to credit.

Q: How is this data collected or calculated?

A: The data is collected by the World Bank as part of their World Development Indicators database.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this metric to evaluate the financial system's ability to mobilize savings and facilitate investment.

Q: Are there update delays or limitations?

A: The data is updated annually by the World Bank, and there may be some time lag in reporting.

Related Trends

Citation

U.S. Federal Reserve, Bank Deposits to GDP for Qatar (DDOI02QAA156NWDB), retrieved from FRED.