Use of Financial Services, Liabilities: Outstanding Deposits at Commercial Banks for Kosovo
KOSFCLODCXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,923,452,752.10
Year-over-Year Change
203.79%
Date Range
1/1/2004 - 1/1/2024
Summary
This economic trend measures the outstanding deposits held at commercial banks in Kosovo. It provides insight into the level of financial services usage and liquidity in the Kosovar 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 Commercial Banks for Kosovo tracks the total value of deposits held by individuals and businesses at licensed commercial banks operating in Kosovo. This metric serves as an indicator of financial intermediation and the public's confidence in the banking system.
Methodology
The data is collected by Kosovo's central bank through reports from licensed commercial banks.
Historical Context
Policymakers and analysts use this trend to assess the depth of Kosovo's financial sector and the broader economic conditions.
Key Facts
- Kosovo's commercial bank deposits totaled €5.1 billion as of 2021.
- Deposits have grown by over 50% since 2015, indicating increased financial inclusion.
- The deposit-to-GDP ratio in Kosovo is around 50%, signaling moderate financial intermediation.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of deposits held by individuals and businesses at licensed commercial banks operating in Kosovo.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the level of financial services usage and liquidity in the Kosovar economy, which is important for assessing the depth of Kosovo's financial sector and broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected by Kosovo's central bank through reports from licensed commercial banks.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the depth of Kosovo's financial sector and the broader economic conditions, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Federal Reserve, but there may be some delay in reporting compared to the actual reporting by Kosovo's central bank.
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Citation
U.S. Federal Reserve, Use of Financial Services, Liabilities: Outstanding Deposits at Commercial Banks for Kosovo (KOSFCLODCXDC), retrieved from FRED.