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Private Credit by Deposit Money Banks to GDP for Colombia (DDDI01COA156NWDB)

Observation:

2014: 40.18550  
Updated: Aug 17, 2016

Units:

Percent,
Not Seasonally Adjusted

Frequency:

Annual
1Y | 5Y | 10Y | Max
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(a) Private Credit by Deposit Money Banks to GDP for Colombia, Percent, Not Seasonally Adjusted (DDDI01COA156NWDB)
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

Private Credit by Deposit Money Banks to GDP for Colombia

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NOTES

Source: World Bank  

Release: Global Financial Development  

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 Colombia [DDDI01COA156NWDB], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/DDDI01COA156NWDB, October 1, 2016.

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