Loans from Non-Resident Banks, Amounts Outstanding, to GDP for Kiribati
DDOI09KIA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.96
Year-over-Year Change
86.74%
Date Range
1/1/1995 - 1/1/2013
Summary
This economic trend measures the loans from non-resident banks outstanding as a percentage of GDP for Kiribati. It provides insight into the country's reliance on foreign banking resources and integration with global financial markets.
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 Kiribati' series represents the total loans extended by banks located outside of Kiribati as a share of the country's gross domestic product. This metric is used by economists and policymakers to assess Kiribati's financial openness and exposure to external lending conditions.
Methodology
The data is collected and calculated by the World Bank using national accounts and balance of payments statistics.
Historical Context
This indicator is relevant for understanding Kiribati's financial integration and potential vulnerabilities to global economic shocks.
Key Facts
- Kiribati is a small island nation in the central Pacific Ocean.
- The loans from non-resident banks are a significant source of financing for Kiribati's economy.
- This indicator has fluctuated between 25-35% of GDP in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total loans extended by banks located outside of Kiribati as a percentage of the country's gross domestic product.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into Kiribati's financial openness and reliance on foreign lending, which is important for assessing the country's economic vulnerabilities and integration with global markets.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using national accounts and balance of payments statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this indicator to monitor Kiribati's financial integration and exposure to external lending conditions, which is relevant for macroeconomic and financial stability policies.
Q: Are there update delays or limitations?
A: The data is published with a lag, and there may be limitations in data coverage or consistency across different countries.
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Citation
U.S. Federal Reserve, Loans from Non-Resident Banks, Amounts Outstanding, to GDP for Kiribati (DDOI09KIA156NWDB), retrieved from FRED.