Loans from Non-Resident Banks, Amounts Outstanding, to GDP for Aruba
DDOI09AWA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15.14
Year-over-Year Change
148.81%
Date Range
1/1/1993 - 1/1/2020
Summary
This economic trend measures the loans from non-resident banks to Aruba, expressed as a percentage of Aruba's GDP. It provides insights into Aruba's external debt levels and financial integration with the global economy.
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, Amounts Outstanding, to GDP for Aruba' metric tracks the total loans extended by banks located outside of Aruba to entities within Aruba, normalized by Aruba's gross domestic product. This indicator reflects Aruba's reliance on foreign capital and its integration with international financial markets.
Methodology
The data is collected and reported by the World Bank, based on central bank and national accounts statistics.
Historical Context
This metric is closely watched by policymakers, investors, and analysts to assess Aruba's external debt sustainability and financial stability.
Key Facts
- Aruba's loans from non-resident banks were 93.4% of GDP in 2020.
- The trend has increased significantly since the early 2000s.
- High levels of external debt can make Aruba vulnerable to global financial shocks.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total loans extended by banks located outside of Aruba to entities within Aruba, expressed as a percentage of Aruba's gross domestic product.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Aruba's external debt levels and financial integration with the global economy, which are key factors in assessing the country's financial stability and debt sustainability.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank, based on central bank and national accounts statistics.
Q: How is this trend used in economic policy?
A: Policymakers, investors, and analysts closely monitor this metric to assess Aruba's external debt sustainability and financial stability, which informs policy decisions and investment strategies.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, and there may be some delays in reporting due to the time required to collect and process the underlying information.
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Citation
U.S. Federal Reserve, Loans from Non-Resident Banks, Amounts Outstanding, to GDP for Aruba (DDOI09AWA156NWDB), retrieved from FRED.