| Code | FS.AST.DOMO.GD.ZS |
| Indicator Name | Claims on other sectors of the domestic economy (% of GDP) |
| Short definition | Claims on other sectors of the domestic economy include gross credit from the financial system to households, nonprofit institutions serving households, nonfinancial corporations, state and local governments, and social security funds. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period. |
| Long definition | Claims on other sectors of the domestic economy include gross credit from the financial system to households, nonprofit institutions serving households, nonfinancial corporations, state and local governments, and social security funds. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period. |
| Source | International Financial Statistics database, International Monetary Fund (IMF);
World Development Indicators Database, World Bank (WB);
National Accounts data files, Organisation for Economic Co-operation and Development (OECD) |
| Topic | Financial Sector: Assets |
| Dataset | WDI |
| Unit of measure | % |
| Periodicity | Annual |
| Reference period | 2001-2024 |
| Aggregation method | Weighted average |
| Statistical concept and methodology | Methodology: Monetary and Financial statistics are compiled in accordance with international standards: Monetary and Financial Statistics Manual, 2018 or 2004 versions. Specific information on how countries compile their Monetary and Finance statistics can be found on the IMF website: https://dsbb.imf.org/
Statistical concept(s): The conceptual framework comes from the Monetary and Financial Statistic Manual which outlines the analytical presentation of monetary statistics, which provide critical inputs for monetary policy formulation and monitoring. The statistics covered in this Manual also support the assessment of financial system stability. |
| Development relevance | This indicator is related the monetary and financial statistics. Monetary and financial statistics are crucial as they offer a detailed picture of a country's financial condition and the workings of its monetary system. This encompasses information on the money supply, prevailing interest rates, and the activities of financial institutions. Central banks and policymakers rely on these statistics to craft monetary policy, manage interest rates, and regulate inflation. For investors and market analysts, these figures provide a window into the financial sector's stability and performance, guiding investment decisions and risk evaluations. They also shed light on the circulation of money within the economy, which has direct implications for consumer spending, business investments, and the overall trajectory of economic growth. Ultimately, these statistics play a pivotal role in ensuring economic stability and promoting sustainable development. |
| License URL | https://datacatalog.worldbank.org/public-licenses#cc-by |
| License Type | CC BY-4.0 |
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