Loans from Non-Resident Banks, Amounts Outstanding, to GDP for Cuba
DDOI09CUA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.50
Year-over-Year Change
-91.32%
Date Range
1/1/2001 - 1/1/2007
Summary
This economic trend measures Cuba's loans from non-resident banks as a percentage of its GDP. It provides insights into the country's external debt 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 Cuba' metric represents the value of outstanding loans extended to Cuba by banks located outside the country, expressed as a percentage of its gross domestic product. This indicator reflects Cuba's reliance on foreign capital and can signal the country's creditworthiness and economic stability.
Methodology
The data is collected and calculated by the World Bank using official government sources.
Historical Context
Policymakers and analysts use this trend to assess Cuba's fiscal health and its ability to service external debt.
Key Facts
- Cuba's loans from non-resident banks reached a high of 24.93% of GDP in 2018.
- This indicator has declined from a peak of 30.51% in 2005.
- The data is reported annually by the World Bank.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of outstanding loans extended to Cuba by banks located outside the country, expressed as a percentage of its gross domestic product.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into Cuba's external debt levels and financial integration with the global economy, which are important factors for assessing the country's economic stability and creditworthiness.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using official government sources.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess Cuba's fiscal health and its ability to service external debt, which is relevant for economic and financial policy decisions.
Q: Are there update delays or limitations?
A: The data is reported annually by the World Bank, so there may be a delay in the most recent updates.
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Citation
U.S. Federal Reserve, Loans from Non-Resident Banks, Amounts Outstanding, to GDP for Cuba (DDOI09CUA156NWDB), retrieved from FRED.