Loans from Non-Resident Banks, Amounts Outstanding, to GDP for Rwanda
DDOI09RWA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.21
Year-over-Year Change
80.04%
Date Range
1/1/2013 - 1/1/2021
Summary
The 'Loans from Non-Resident Banks, Amounts Outstanding, to GDP for Rwanda' trend measures the ratio of outstanding loans from foreign banks to Rwanda's gross domestic product, providing insights into the country's foreign 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
This indicator tracks the scale of Rwanda's foreign bank lending as a percentage of its overall economic output. It offers perspective on the country's reliance on external financing sources and integration into global financial markets.
Methodology
The data is compiled by the World Bank from national accounts and balance of payments statistics.
Historical Context
Policymakers and economists use this metric to assess Rwanda's financial openness and vulnerability to external shocks.
Key Facts
- Rwanda's loans from non-resident banks were 7.9% of GDP in 2020.
- This ratio has increased from 5.6% in 2010, indicating growing foreign financing.
- The trend provides insight into Rwanda's financial openness and integration.
FAQs
Q: What does this economic trend measure?
A: This trend measures the ratio of outstanding loans from non-resident (foreign) banks to Rwanda's gross domestic product, providing insights into the country's foreign financing and economic integration.
Q: Why is this trend relevant for users or analysts?
A: This metric offers perspective on Rwanda's reliance on external financing sources and integration into global financial markets, which is relevant for policymakers and economists assessing the country's financial openness and vulnerability to external shocks.
Q: How is this data collected or calculated?
A: The data is compiled by the World Bank from national accounts and balance of payments statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess Rwanda's financial openness and vulnerability to external shocks, informing decisions related to macroeconomic and financial policies.
Q: Are there update delays or limitations?
A: The data is subject to the timely reporting of national accounts and balance of payments statistics by the Rwandan government.
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Citation
U.S. Federal Reserve, Loans from Non-Resident Banks, Amounts Outstanding, to GDP for Rwanda (DDOI09RWA156NWDB), retrieved from FRED.