Use of Financial Services, Liabilities: Outstanding Deposits at Other Deposit Takers for Zimbabwe

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

Latest Value

15,770,075,855.35

Year-over-Year Change

3435.21%

Date Range

1/1/2009 - 1/1/2023

Summary

This economic trend measures the outstanding deposits held at other deposit-taking institutions in Zimbabwe. It serves as an important indicator of financial system activity and liquidity.

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 at other deposit takers represent the total value of money deposited with non-bank financial institutions, such as savings and loan companies, credit unions, and other deposit-taking entities in Zimbabwe. This metric provides insights into the financial health and utilization of the broader financial system.

Methodology

The data is collected through surveys and reporting from deposit-taking institutions in Zimbabwe.

Historical Context

Policymakers and analysts use this trend to assess the stability and growth of the Zimbabwean financial sector.

Key Facts

  • Zimbabwe's outstanding deposits at other deposit takers totaled $X.XX billion as of the latest data.
  • This trend has increased/decreased by Y% over the past Z years.
  • Other deposit takers account for approximately A% of total financial system deposits in Zimbabwe.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total value of outstanding deposits held at non-bank financial institutions, such as savings and loan companies and credit unions, in Zimbabwe.

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

A: This trend provides insights into the financial health and activity within the broader Zimbabwean financial system, which is relevant for policymakers, economists, and investors.

Q: How is this data collected or calculated?

A: The data is collected through surveys and reporting from deposit-taking institutions in Zimbabwe.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this trend to assess the stability and growth of the Zimbabwean financial sector, which can inform decisions around monetary policy and financial regulation.

Q: Are there update delays or limitations?

A: The data may be subject to periodic updates and revisions, and there may be delays in reporting from some institutions, which can affect the timeliness of the information.

Related Trends

Citation

U.S. Federal Reserve, Use of Financial Services, Liabilities: Outstanding Deposits at Other Deposit Takers for Zimbabwe (ZWEFCLODDXDC), retrieved from FRED.