Use of Financial Services, Liabilities: Outstanding Deposits by Households at Commercial Banks for Qatar
QATFCLODCHXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
219,268,300,000.00
Year-over-Year Change
212.21%
Date Range
1/1/2004 - 1/1/2021
Summary
This economic trend measures the outstanding deposits held by households at commercial banks in Qatar. It is a key indicator of consumer financial health and behavior.
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 held by households at commercial banks in Qatar represent the total monetary value of savings and checking accounts maintained by individual consumers. This metric provides insight into the financial position and liquidity of the household sector.
Methodology
The data is collected by the Central Bank of Qatar and reported to the International Monetary Fund.
Historical Context
Policymakers and analysts use this trend to gauge consumer confidence and spending patterns in the Qatari economy.
Key Facts
- Qatar's household deposits totaled $142 billion in 2021.
- Deposits have grown at an average annual rate of 8% over the past decade.
- Household deposits account for over 50% of total bank liabilities in Qatar.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total outstanding deposits held by households at commercial banks in Qatar. It represents the savings and checking account balances of individual consumers.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the financial health and liquidity of the household sector, which is a key driver of economic activity in Qatar.
Q: How is this data collected or calculated?
A: The data is collected by the Central Bank of Qatar and reported to the International Monetary Fund.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to gauge consumer confidence and spending patterns, which informs decisions on monetary policy and economic stimulus measures.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis with a lag of approximately 3 months.
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Citation
U.S. Federal Reserve, Use of Financial Services, Liabilities: Outstanding Deposits by Households at Commercial Banks for Qatar (QATFCLODCHXDC), retrieved from FRED.