Source:
World Bank
Release:
Global Financial Development
Units:
Percent, Not Seasonally Adjusted
Frequency:
Annual
Notes:
Demand, time and saving deposits in deposit money banks and other financial institutions as a share of GDP.
Demand, time and saving deposits in deposit money banks and 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 demand and time and saving deposits, 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. Financial system deposits (IFS lines 24, 25, and 45); 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.08
Suggested Citation:
World Bank,
Financial System Deposits to GDP for United States [DDDI08USA156NWDB],
retrieved from FRED,
Federal Reserve Bank of St. Louis;
https://fred.stlouisfed.org/series/DDDI08USA156NWDB,
December 12, 2019.