Use of Financial Services: Key Indicators, Outstanding Deposits with Commercial Banks for Tajikistan
TJKFCLODCGGDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.37
Year-over-Year Change
7.44%
Date Range
1/1/2004 - 1/1/2022
Summary
This economic trend measures the outstanding deposits with commercial banks in Tajikistan as a percentage of the country's GDP. It provides insight into the utilization of financial services and the depth of the banking sector.
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 for Tajikistan track the total value of deposits held by individuals and businesses at commercial banks in the country. This metric is used to assess the level of financial intermediation and the overall health of the banking system.
Methodology
The data is collected by the National Bank of Tajikistan and reported to the World Bank.
Historical Context
This trend is relevant for policymakers and analysts evaluating the development of Tajikistan's financial sector and its integration with the broader economy.
Key Facts
- Tajikistan's outstanding deposits with commercial banks were 17.8% of GDP in 2021.
- The trend has increased from 11.9% of GDP in 2011.
- The banking sector plays a crucial role in Tajikistan's transition to a market economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the outstanding deposits with commercial banks in Tajikistan as a percentage of the country's GDP, providing insight into the utilization of financial services and the depth of the banking sector.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for policymakers and analysts evaluating the development of Tajikistan's financial sector and its integration with the broader economy.
Q: How is this data collected or calculated?
A: The data is collected by the National Bank of Tajikistan and reported to the World Bank.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and institutions to assess the level of financial intermediation and the overall health of Tajikistan's banking system, which is crucial for the country's economic development.
Q: Are there update delays or limitations?
A: The data is reported annually, so there may be a delay in the most recent information being available.
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Citation
U.S. Federal Reserve, Use of Financial Services: Key Indicators, Outstanding Deposits with Commercial Banks for Tajikistan (TJKFCLODCGGDPPT), retrieved from FRED.