Loans from Non-Resident Banks, Net, to GDP for Hong Kong SAR, China
DDOI08HKA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.06
Year-over-Year Change
-96.08%
Date Range
1/1/1971 - 1/1/2021
Summary
This economic indicator measures the net loans from non-resident banks to GDP for Hong Kong SAR, China, providing insight into the international banking activity and financial flows in the region.
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
The 'Loans from Non-Resident Banks, Net, to GDP for Hong Kong SAR, China' metric represents the net lending and borrowing activity between banks located outside of Hong Kong and entities within Hong Kong. It serves as a proxy for cross-border financial integration and capital flows.
Methodology
This data is collected and calculated by the World Bank using information reported by national authorities.
Historical Context
Economists and policymakers monitor this trend to assess Hong Kong's integration with global financial markets and the impacts on its economy.
Key Facts
- Hong Kong is a major global financial center.
- Net loans from non-resident banks account for over 30% of Hong Kong's GDP.
- This metric has seen significant volatility over the past decade.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the net lending and borrowing activity between banks located outside of Hong Kong and entities within Hong Kong, providing insight into cross-border financial integration.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for assessing Hong Kong's financial openness, capital flows, and integration with global markets, which are key factors in its economic performance and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using information reported by national authorities in Hong Kong.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this indicator to understand Hong Kong's exposure to international financial markets and the potential impacts on its economy, which informs policy decisions.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so there may be delays in reflecting the most recent financial conditions in Hong Kong.
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Citation
U.S. Federal Reserve, Loans from Non-Resident Banks, Net, to GDP for Hong Kong SAR, China (DDOI08HKA156NWDB), retrieved from FRED.