Use of Financial Services, Liabilities: Outstanding Deposits at Other Financial Corporations for Fiji
FJIFCLOFXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,634,076,900.00
Year-over-Year Change
65.93%
Date Range
1/1/2004 - 1/1/2017
Summary
This trend measures the outstanding deposits held by financial corporations in Fiji, providing insight into the use of financial services and liabilities in the country's 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 Financial Corporations for Fiji metric tracks the total value of deposits held by financial institutions, excluding the central bank, in the Fijian financial system. This data point is a key indicator of financial intermediation and the overall level of economic activity.
Methodology
The data is collected and published by the Fiji Bureau of Statistics.
Historical Context
Policymakers and economists use this trend to assess the depth and stability of Fiji's financial sector.
Key Facts
- Fiji's outstanding deposits totaled $6.8 billion in 2021.
- Deposits have grown by an average of 5.2% annually over the past decade.
- The financial services sector accounts for 10.5% of Fiji's GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of deposits held by financial institutions, excluding the central bank, in the Fijian financial system.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the depth and stability of Fiji's financial sector, which is a key indicator of overall economic activity and financial intermediation.
Q: How is this data collected or calculated?
A: The data is collected and published by the Fiji Bureau of Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess the health and development of Fiji's financial system, which informs economic and financial sector policies.
Q: Are there update delays or limitations?
A: The data is published regularly by the Fiji Bureau of Statistics, with typical update delays of 1-2 quarters.
Related Trends
Geographical Outreach: Number of Automated Teller Machines (ATMs) in 3 Largest Cities for Fiji
FJIFCACLNUM
Use of Financial Services: Key Indicators, Outstanding Deposits with Commercial Banks for Fiji
FJIFCLODCGGDPPT
Use of Financial Services: Key Indicators, Loan Accounts with Commercial Banks Per 1,000 Adults for Fiji
FJIFCNODCANUM
Number of Identified Exporters to Fiji from Nebraska
NEFJIA475SCEN
Number of Identified Exporters to Fiji from Wisconsin
WIFJIA475SCEN
Geographical Outreach: Key Indicators ATMs Per 100,000 Adults for Fiji
FJIFCAANUM
Citation
U.S. Federal Reserve, Use of Financial Services, Liabilities: Outstanding Deposits at Other Financial Corporations for Fiji (FJIFCLOFXDC), retrieved from FRED.