Loans from Non-Resident Banks, Amounts Outstanding, to GDP for Saudi Arabia
DDOI09SAA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.24
Year-over-Year Change
2806.77%
Date Range
1/1/1996 - 1/1/2017
Summary
This trend measures the ratio of loans from non-resident banks to GDP in Saudi Arabia, providing 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 Saudi Arabia metric represents the value of loans extended to Saudi Arabia by banks located outside the country, expressed as a percentage of the country's Gross Domestic Product. This indicator offers perspectives on Saudi Arabia's reliance on foreign capital and its level of financial globalization.
Methodology
The data is collected and reported by the World Bank based on information provided by national central banks and monetary authorities.
Historical Context
This trend is closely monitored by economists, policymakers, and investors to assess Saudi Arabia's external financing conditions and economic vulnerabilities.
Key Facts
- Saudi Arabia's ratio of loans from non-resident banks to GDP was 6.56% in 2020.
- This metric has declined from a high of 15.93% in 2014, reflecting reduced external financing.
- The trend is influenced by global interest rates, oil prices, and Saudi Arabia's economic policies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of loans extended to Saudi Arabia by banks located outside the country, expressed as a percentage of the country's GDP.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Saudi Arabia's reliance on foreign capital and its level of financial globalization, which are important factors in assessing the country's economic vulnerabilities and integration with the global financial system.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank based on information provided by national central banks and monetary authorities.
Q: How is this trend used in economic policy?
A: Economists, policymakers, and investors closely monitor this trend to assess Saudi Arabia's external financing conditions and vulnerabilities, which can inform economic policy decisions and investment strategies.
Q: Are there update delays or limitations?
A: The data is typically published with a lag, and may be subject to revisions by the reporting institutions.
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Citation
U.S. Federal Reserve, Loans from Non-Resident Banks, Amounts Outstanding, to GDP for Saudi Arabia (DDOI09SAA156NWDB), retrieved from FRED.