Loans from Non-Resident Banks, Amounts Outstanding, to GDP for Philippines
DDOI09PHA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.15
Year-over-Year Change
-6.87%
Date Range
1/1/1972 - 1/1/2021
Summary
This trend measures the total outstanding loans from non-resident banks to the Philippines as a percentage of its GDP. It provides insights into the country's external financing 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, Amounts Outstanding, to GDP for Philippines metric tracks the volume of loans made by foreign banking institutions to entities within the Philippines, expressed as a proportion of the country's overall economic output.
Methodology
The data is compiled by the World Bank from various national and international sources.
Historical Context
This metric is useful for analyzing a country's international financial linkages and exposure to foreign credit conditions.
Key Facts
- The Philippines has seen a steady increase in loans from non-resident banks as a share of GDP since the early 2000s.
- Foreign bank lending to the Philippines reached over 12% of GDP in recent years.
- Reliance on foreign credit can expose the Philippine economy to external financial shocks.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total outstanding loans from non-resident banks to the Philippines as a percentage of its GDP.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the Philippines' level of international financial integration and exposure to foreign credit conditions, which is important for assessing economic risks and vulnerabilities.
Q: How is this data collected or calculated?
A: The data is compiled by the World Bank from various national and international sources.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to monitor the Philippines' external financing and assess the potential impact of changes in global credit markets on the domestic economy.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so it may not reflect the most recent economic conditions.
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Citation
U.S. Federal Reserve, Loans from Non-Resident Banks, Amounts Outstanding, to GDP for Philippines (DDOI09PHA156NWDB), retrieved from FRED.