Liquid Assets to Deposits and Short Term Funding for Senegal
DDSI06SNA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.27
Year-over-Year Change
-35.59%
Date Range
1/1/2000 - 1/1/2020
Summary
The 'Liquid Assets to Deposits and Short Term Funding for Senegal' metric measures the ratio of liquid assets to deposits and short-term funding for the banking sector in Senegal. This indicator provides insights into the liquidity and stability of the Senegalese financial 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
This economic indicator tracks the level of liquid assets, such as cash and government securities, held by banks in Senegal relative to their total deposits and short-term funding. It serves as a key measure of banking sector liquidity and the ability to meet short-term obligations.
Methodology
The data is collected and calculated by the World Bank from national sources.
Historical Context
Policymakers and analysts use this metric to assess the resilience and vulnerability of Senegal's financial sector.
Key Facts
- Senegal's liquid assets to deposits ratio was 34.7% in 2020.
- The metric has fluctuated between 30-40% over the past decade.
- Higher ratios indicate greater banking sector liquidity and resilience.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the ratio of liquid assets, such as cash and government securities, to total deposits and short-term funding for Senegal's banking sector.
Q: Why is this trend relevant for users or analysts?
A: The liquid assets to deposits ratio is a key measure of banking sector liquidity and the ability to meet short-term obligations, providing insights into the resilience and vulnerability of Senegal's financial system.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank from national sources.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the stability and resilience of Senegal's financial sector, which is crucial for informing economic policies and regulations.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, and may be subject to revisions based on updated information from national sources.
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Citation
U.S. Federal Reserve, Liquid Assets to Deposits and Short Term Funding for Senegal (DDSI06SNA156NWDB), retrieved from FRED.