Use of Financial Services: Key Indicators, Outstanding Deposits of Households with Commercial Banks for Tunisia

TUNFCLODCHGGDPPT • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

31.17

Year-over-Year Change

29.55%

Date Range

1/1/2004 - 1/1/2018

Summary

This economic trend measures the outstanding deposits of households with commercial banks in Tunisia as a percentage of GDP. It provides insights into the financial services usage and saving behavior of Tunisian households.

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 is an important indicator of financial inclusion and household financial health. It reflects the level of trust in the banking system and the ability of households to save for the future.

Methodology

The data is collected and reported by the Central Bank of Tunisia.

Historical Context

This trend is closely monitored by policymakers, central banks, and economists to assess the stability and development of the Tunisian financial sector.

Key Facts

  • Tunisia's household deposit-to-GDP ratio was 34.6% in 2020.
  • Deposit growth has slowed in recent years due to economic challenges.
  • Improving financial inclusion is a key policy priority for the Tunisian government.

FAQs

Q: What does this economic trend measure?

A: This trend measures the outstanding deposits of Tunisian households held with commercial banks as a percentage of the country's GDP.

Q: Why is this trend relevant for users or analysts?

A: This indicator provides insights into the financial health and saving behavior of Tunisian households, which is crucial for assessing the stability and development of the country's financial sector.

Q: How is this data collected or calculated?

A: The data is collected and reported by the Central Bank of Tunisia.

Q: How is this trend used in economic policy?

A: Policymakers, central banks, and economists closely monitor this trend to evaluate financial inclusion and inform policies aimed at promoting household savings and overall financial sector stability.

Q: Are there update delays or limitations?

A: The data is published with a relatively short delay, typically a few months after the end of the reporting period. There may be occasional revisions to historical data.

Related Trends

Citation

U.S. Federal Reserve, Use of Financial Services: Key Indicators, Outstanding Deposits of Households with Commercial Banks for Tunisia (TUNFCLODCHGGDPPT), retrieved from FRED.