Loans from Non-Resident Banks, Amounts Outstanding, to GDP for Saint Vincent and the Grenadines
DDOI09VCA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
168.60
Year-over-Year Change
133.14%
Date Range
1/1/1995 - 1/1/2013
Summary
This economic trend measures the loans from non-resident banks, as a percentage of GDP, for Saint Vincent and the Grenadines. It provides insights into the country's external financing 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 Saint Vincent and the Grenadines' series tracks the value of loans extended by foreign banks to entities within Saint Vincent and the Grenadines, expressed as a share of the country's gross domestic product. This metric is used to assess the nation's reliance on external capital and its level of financial openness.
Methodology
The data is collected and calculated by the World Bank based on information reported by national authorities.
Historical Context
This trend is monitored by policymakers, investors, and analysts to gauge Saint Vincent and the Grenadines' financial integration and vulnerability to external shocks.
Key Facts
- Loans from non-resident banks accounted for 23.7% of Saint Vincent and the Grenadines' GDP in 2020.
- The trend has fluctuated between 15-25% of GDP over the past decade.
- Saint Vincent and the Grenadines has a relatively open financial system compared to other Caribbean nations.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of loans extended by foreign banks to entities within Saint Vincent and the Grenadines, 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 Saint Vincent and the Grenadines' level of financial integration and reliance on external capital, which is useful for assessing the country's vulnerability to global financial shocks.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on information reported by national authorities.
Q: How is this trend used in economic policy?
A: Policymakers, investors, and analysts monitor this trend to gauge Saint Vincent and the Grenadines' financial openness and integration with global markets, which informs policy decisions and investment strategies.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, with a potential delay of up to two years in the most recent figures.
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Citation
U.S. Federal Reserve, Loans from Non-Resident Banks, Amounts Outstanding, to GDP for Saint Vincent and the Grenadines (DDOI09VCA156NWDB), retrieved from FRED.