Use of Financial Services, Liabilities: Outstanding Deposits at Other Deposit Takers for Fiji
FJIFCLODDXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
418,367,087.14
Year-over-Year Change
82.10%
Date Range
1/1/2004 - 1/1/2022
Summary
This economic trend measures the total outstanding deposits held at non-bank financial institutions in Fiji. It provides insight into the use of alternative financial services beyond traditional commercial banks.
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 Fiji metric tracks the total value of deposits held at non-bank deposit-taking institutions in the Fijian economy. This offers a broader view of financial intermediation beyond the commercial banking sector.
Methodology
The data is collected and reported by the Reserve Bank of Fiji.
Historical Context
This metric is used by policymakers and analysts to assess financial inclusion and the development of Fiji's overall financial system.
Key Facts
- Fiji has a population of over 900,000 people.
- The Fijian dollar is the national currency.
- Financial services play a key role in Fiji's economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of deposits held at non-bank deposit-taking institutions in Fiji, providing insight into the use of alternative financial services beyond traditional commercial banks.
Q: Why is this trend relevant for users or analysts?
A: This metric offers a broader view of financial intermediation in the Fijian economy, which is relevant for policymakers and analysts assessing financial inclusion and the overall development of the country's financial system.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Reserve Bank of Fiji.
Q: How is this trend used in economic policy?
A: This metric is used by policymakers and analysts to assess financial inclusion and the development of Fiji's overall financial system.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedule and methodological decisions of the Reserve Bank of Fiji.
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Citation
U.S. Federal Reserve, Use of Financial Services, Liabilities: Outstanding Deposits at Other Deposit Takers for Fiji (FJIFCLODDXDC), retrieved from FRED.