Federal Reserve Economic Data

Non-Bank Financial Institutions' Assets to GDP for Trinidad and Tobago (DDDI03TTA156NWDB)

Observation:

2021: 44.53693 (+ more)   Updated: May 7, 2024 3:28 PM CDT
2021:  44.53693  
2020:  42.28925  
2019:  37.67995  
2018:  36.09967  
2017:  38.00937  
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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:

Total assets held by financial institutions that do not accept transferable deposits but that perform financial intermediation by accepting other types of deposits or by issuing securities or other liabilities that are close substitutes for deposits as a share of GDP. It covers institutions such as saving and mortgage loan institutions, post-office savings institution, building and loan associations, finance companies that accept deposits or deposit substitutes, development banks, and offshore banking institutions. Assets include claims on domestic real nonfinancial sector such as central-, state- and local government, nonfinancial public enterprises and private sector.

Claims on domestic real nonfinancial sector by other financial institutions as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is other financial institutions' claims, 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. Non-bank financial institutions assets (IFS lines 42, a-d and h); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and annual CPI (IFS line 64..ZF). (International Monetary Fund, International Financial Statistics, and World Bank GDP estimates)

Source Code: GFDD.DI.03

Suggested Citation:

World Bank, Non-Bank Financial Institutions' Assets to GDP for Trinidad and Tobago [DDDI03TTA156NWDB], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/DDDI03TTA156NWDB, .

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