Percentage of Foreign Banks Among Total Banks for Bulgaria
DDOI13BGA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
65.00
Year-over-Year Change
30.00%
Date Range
1/1/1995 - 1/1/2013
Summary
The 'Percentage of Foreign Banks Among Total Banks for Bulgaria' measures the share of banks in Bulgaria that are owned or controlled by foreign entities. This trend is important for understanding the level of foreign investment and integration in the Bulgarian banking sector.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This indicator tracks the percentage of banks operating in Bulgaria that are majority-owned by foreign investors or institutions. It provides insight into the level of foreign participation and influence in the country's banking system and financial markets.
Methodology
The data is collected and calculated by the World Bank from national banking regulatory and statistical sources.
Historical Context
Policymakers and analysts use this trend to assess the openness and integration of Bulgaria's banking sector within the broader regional and global financial system.
Key Facts
- Bulgaria had 27 total banks as of 2020.
- Foreign banks accounted for 57% of total banks in Bulgaria in 2020.
- The percentage of foreign banks has remained relatively stable since 2010.
FAQs
Q: What does this economic trend measure?
A: The 'Percentage of Foreign Banks Among Total Banks for Bulgaria' tracks the share of banks in Bulgaria that are owned or controlled by foreign entities.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the level of foreign participation and influence in Bulgaria's banking sector, which is important for understanding the country's financial integration and openness to global markets.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank from national banking regulatory and statistical sources.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the openness and integration of Bulgaria's banking sector within the broader regional and global financial system.
Q: Are there update delays or limitations?
A: The data is updated annually, and there may be some lags in reporting from national sources.
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Citation
U.S. Federal Reserve, Percentage of Foreign Banks Among Total Banks for Bulgaria (DDOI13BGA156NWDB), retrieved from FRED.