This statistic illustrates the value development of assets for the central bank in Ireland from 2002 to 2017. Total assets of Irelands central bank have fluctuated from zero U.S dollars in 2002 to almost 110 billion U.S dollars in 2017.
Central banks play an important role in preventing a country's banking system from failing. The main function of a central bank is to control inflation by providing stability of its currency. They also provide a country's economy funds when commercial banks cannot cover the need. The central bank is also the sole producer and contributor of a nations banknotes and coins as well as acting as its regulatory authority for monetary policies.
Total assets of the central bank in Ireland from 2002 to 2017
(in billion U.S. dollars)
The source adds further comments: "Banks refer to the broader category of Deposit-taking Institutions. Financial assets when available, otherwise total assets. In case of missing data in a time series, values were not inter- or extrapolated. Converted to U.S. dollars using the end of the period market exchange rates."
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Financial Stability Board. (February 4, 2019). Total assets of the central bank in Ireland from 2002 to 2017 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 09, 2024, from https://www.statista.com/statistics/1020986/total-assets-of-the-central-bank-in-ireland/
Financial Stability Board. "Total assets of the central bank in Ireland from 2002 to 2017 (in billion U.S. dollars)." Chart. February 4, 2019. Statista. Accessed December 09, 2024. https://www.statista.com/statistics/1020986/total-assets-of-the-central-bank-in-ireland/
Financial Stability Board. (2019). Total assets of the central bank in Ireland from 2002 to 2017 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 09, 2024. https://www.statista.com/statistics/1020986/total-assets-of-the-central-bank-in-ireland/
Financial Stability Board. "Total Assets of The Central Bank in Ireland from 2002 to 2017 (in Billion U.S. Dollars)." Statista, Statista Inc., 4 Feb 2019, https://www.statista.com/statistics/1020986/total-assets-of-the-central-bank-in-ireland/
Financial Stability Board, Total assets of the central bank in Ireland from 2002 to 2017 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1020986/total-assets-of-the-central-bank-in-ireland/ (last visited December 09, 2024)
Total assets of the central bank in Ireland from 2002 to 2017 (in billion U.S. dollars) [Graph], Financial Stability Board, February 4, 2019. [Online]. Available: https://www.statista.com/statistics/1020986/total-assets-of-the-central-bank-in-ireland/