Federal Reserve Economic Data

Private Credit by Deposit Money Banks to GDP for World (DISCONTINUED) (DDDI011WA156NWDB)

Observation:

2015: 44.540 (+ more)   Updated: Aug 29, 2017 1:08 PM CDT
2015:  44.540  
2014:  41.820  
2013:  38.910  
2012:  37.950  
2011:  37.320  
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Units:

Percent,
Not Seasonally Adjusted

Frequency:

Annual

NOTES

Source: World Bank  

Release: Global Financial Development  

Units:  Percent, Not Seasonally Adjusted

Frequency:  Annual

Notes:

The financial resources provided to the private sector by domestic money banks as a share of GDP. Domestic money banks comprise commercial banks and other financial institutions that accept transferable deposits, such as demand deposits. Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF's International Financial Statistics. Private credit by deposit money banks (IFS line 22d and FOSAOP); GDP in local currency (IFS line NGDP); end-of period CPI (IFS line PCPI); and average annual CPI is calculated using the monthly CPI values (IFS line PCPI). (International Monetary Fund, International Financial Statistics, and World Bank GDP estimates)

Source Code: GFDD.DI.01

Suggested Citation:

World Bank, Private Credit by Deposit Money Banks to GDP for World (DISCONTINUED) [DDDI011WA156NWDB], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/DDDI011WA156NWDB, .

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