Use of Financial Services, Liabilities: Outstanding Deposits at Other Deposit Takers for Estonia
ESTFCLODDXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
108,000,000.00
Year-over-Year Change
1700.00%
Date Range
1/1/2004 - 1/1/2024
Summary
This economic trend measures the outstanding deposits held at deposit-taking institutions other than central banks in Estonia. It provides insight into the level of financial intermediation and banking sector activity in the Estonian 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 Use of Financial Services, Liabilities: Outstanding Deposits at Other Deposit Takers for Estonia tracks the volume of deposits held outside the central bank. This metric is used by economists and policymakers to assess the depth and utilization of the financial system in Estonia.
Methodology
The data is collected by the central bank of Estonia through surveys of deposit-taking institutions.
Historical Context
Monitoring deposit levels can inform policies related to financial stability and access to credit.
Key Facts
- Estonia's deposit levels have grown steadily since 2010.
- Deposits at other deposit takers account for over 60% of Estonia's GDP.
- The banking sector plays a key role in Estonia's financial system.
FAQs
Q: What does this economic trend measure?
A: This trend measures the outstanding deposits held at deposit-taking institutions other than the central bank in Estonia. It provides insight into the level of financial intermediation and banking sector activity.
Q: Why is this trend relevant for users or analysts?
A: Monitoring deposit levels can inform policies related to financial stability and access to credit in the Estonian economy.
Q: How is this data collected or calculated?
A: The data is collected by the central bank of Estonia through surveys of deposit-taking institutions.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess the depth and utilization of Estonia's financial system.
Q: Are there update delays or limitations?
A: The data is published on a regular basis with minimal delays.
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Citation
U.S. Federal Reserve, Use of Financial Services, Liabilities: Outstanding Deposits at Other Deposit Takers for Estonia (ESTFCLODDXDC), retrieved from FRED.