Use of Financial Services: Key Indicators, Outstanding Deposits with Commercial Banks for Croatia
HRVFCLODCGGDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
583.45
Year-over-Year Change
31.06%
Date Range
1/1/2004 - 1/1/2022
Summary
This economic trend measures the outstanding deposits with commercial banks in Croatia as a percentage of the country's gross domestic product. It provides insights into the use of financial services and the level of financial intermediation in the Croatian 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 outstanding deposits with commercial banks in Croatia is an important indicator of the level of financial intermediation and the development of the country's banking sector. It reflects the public's trust in the banking system and the overall level of financial deepening in the economy.
Methodology
The data is collected and calculated by the Croatian National Bank.
Historical Context
This trend is used by policymakers, economists, and market analysts to assess the financial health and stability of the Croatian economy.
Key Facts
- Croatia's outstanding deposits with commercial banks were 51.7% of GDP in 2020.
- The trend has increased from 42.9% of GDP in 2010, indicating growing financial intermediation.
- Croatia's banking sector is largely dominated by foreign-owned institutions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the outstanding deposits with commercial banks in Croatia as a percentage of the country's gross domestic product. It provides insights into the use of financial services and the level of financial intermediation in the Croatian economy.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for policymakers, economists, and market analysts as it reflects the public's trust in the banking system and the overall level of financial deepening in the Croatian economy, which are important indicators of financial stability and economic development.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Croatian National Bank.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and market analysts to assess the financial health and stability of the Croatian economy, which can inform policy decisions and market strategies.
Q: Are there update delays or limitations?
A: The data is published regularly by the Croatian National Bank, but there may be some delays in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, Use of Financial Services: Key Indicators, Outstanding Deposits with Commercial Banks for Croatia (HRVFCLODCGGDPPT), retrieved from FRED.