Loans from Non-Resident Banks, Net, to GDP for Norway
DDOI08NOA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.58
Year-over-Year Change
3167.06%
Date Range
1/1/1972 - 1/1/2021
Summary
This economic trend measures the net loans from non-resident banks to GDP for Norway. It provides insight into Norway's international financial flows and economic integration.
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 Norway' series tracks the net position of loans from foreign (non-resident) banks to the Norwegian economy as a percentage of GDP. This indicator offers perspectives on Norway's financial interconnectedness and external borrowing patterns.
Methodology
The data is collected and calculated by the World Bank using information from national accounts and balance of payments statistics.
Historical Context
This trend is used by policymakers, analysts, and investors to assess Norway's external financial linkages and vulnerability to global economic conditions.
Key Facts
- Norway's net loans from non-resident banks were 6.3% of GDP in 2020.
- This trend has fluctuated between 2% and 8% of GDP over the past decade.
- Norway is a highly financially integrated economy with significant cross-border lending and borrowing.
FAQs
Q: What does this economic trend measure?
A: This trend measures the net position of loans from foreign (non-resident) banks to the Norwegian economy as a percentage of Norway's GDP.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into Norway's international financial flows and economic integration, which is useful for policymakers, analysts, and investors assessing the country's external financial linkages and vulnerability to global conditions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using information from national accounts and balance of payments statistics.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, analysts, and investors to assess Norway's external financial linkages and vulnerability to global economic conditions.
Q: Are there update delays or limitations?
A: The data is published with some delay, and there may be limitations in the accuracy or completeness of the underlying sources.
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Citation
U.S. Federal Reserve, Loans from Non-Resident Banks, Net, to GDP for Norway (DDOI08NOA156NWDB), retrieved from FRED.