Bank Credit to Bank Deposits for Jamaica

DDSI04JMA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

84.60

Year-over-Year Change

20.35%

Date Range

1/1/1960 - 1/1/2021

Summary

The Bank Credit to Bank Deposits for Jamaica measures the ratio of bank credit to bank deposits in the Jamaican economy. This indicator provides insights into the liquidity, stability, and health of the Jamaican banking 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

The Bank Credit to Bank Deposits ratio represents the proportion of bank credit, or loans, relative to the total bank deposits in Jamaica. This metric is used by economists and policymakers to assess the efficiency and intermediation capacity of the Jamaican financial sector.

Methodology

This data is collected and calculated by the World Bank from official sources.

Historical Context

The Bank Credit to Bank Deposits ratio is a key indicator monitored by the Jamaican central bank and international institutions to gauge financial sector development and stability.

Key Facts

  • The ratio ranges from 0 to 1, with higher values indicating greater bank lending activity.
  • Jamaica's ratio has fluctuated between 0.65 and 0.85 over the past decade.
  • A high ratio can signal healthy financial intermediation, but also potential risk of over-leveraging.

FAQs

Q: What does this economic trend measure?

A: The Bank Credit to Bank Deposits ratio measures the proportion of bank loans relative to total bank deposits in the Jamaican economy.

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

A: This metric provides insights into the liquidity, stability, and efficiency of the Jamaican banking system, which is crucial for financial sector development and economic growth.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the World Bank from official sources.

Q: How is this trend used in economic policy?

A: The Bank Credit to Bank Deposits ratio is monitored by the Jamaican central bank and international institutions to gauge financial sector development and stability, informing policy decisions.

Q: Are there update delays or limitations?

A: The data is updated annually by the World Bank, with a potential delay of 1-2 years.

Related Trends

Citation

U.S. Federal Reserve, Bank Credit to Bank Deposits for Jamaica (DDSI04JMA156NWDB), retrieved from FRED.