Micronesia: Bank assets to GDP

Micronesia: Bank assets, percent of GDP

: For that indicator, we provide data for Micronesia from 1995 to 2016. The average value for Micronesia during that period was 23.87 percent with a minimum of 17.31 percent in 2004 and a maximum of 31.19 percent in 1999. The latest value from 2016 is 23.14 percent. For comparison, the world average in 2016 based on 168 countries is 65.09 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Total assets held by deposit money banks as a share of GDP. Assets include claims on domestic real nonfinancial sector which includes central, state and local governments, nonfinancial public enterprises and private sector. Deposit money banks comprise commercial banks and other financial institutions that accept transferable deposits, such as demand deposits.