Use of Financial Services: Key Indicators, Outstanding Deposits of Households with Commercial Banks for Tajikistan
TJKFCLODCHGGDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.98
Year-over-Year Change
21.48%
Date Range
1/1/2004 - 1/1/2022
Summary
This economic trend measures outstanding deposits of households with commercial banks in Tajikistan as a percentage of GDP. It provides insights into the use of financial services and the level of household savings in the Tajik 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 of households with commercial banks indicator reflects the extent to which the population utilizes formal banking services. It offers a gauge of financial inclusion and household wealth in Tajikistan.
Methodology
The data is collected by the National Bank of Tajikistan through surveys of commercial banks.
Historical Context
This indicator is used by policymakers and analysts to assess the financial health and development of Tajikistan's banking sector.
Key Facts
- Tajikistan's household deposits reached 31.5% of GDP in 2020.
- Deposit growth has been steady, up from 26.6% of GDP in 2015.
- The indicator signals increasing financial inclusion in Tajikistan.
FAQs
Q: What does this economic trend measure?
A: This trend measures the outstanding deposits of households with commercial banks in Tajikistan as a percentage of GDP.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into the level of financial inclusion and household savings in the Tajik economy, which is important for assessing the development of the banking sector.
Q: How is this data collected or calculated?
A: The data is collected by the National Bank of Tajikistan through surveys of commercial banks.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to assess the financial health and development of Tajikistan's banking sector.
Q: Are there update delays or limitations?
A: The data is published regularly by the National Bank of Tajikistan, with minimal update delays.
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Citation
U.S. Federal Reserve, Use of Financial Services: Key Indicators, Outstanding Deposits of Households with Commercial Banks for Tajikistan (TJKFCLODCHGGDPPT), retrieved from FRED.