External Loans and Deposits of Reporting Banks in Relation to the Banking Sector for Congo
DDOI10CGA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.41
Year-over-Year Change
-51.65%
Date Range
1/1/1995 - 1/1/2019
Summary
This economic trend measures the external loans and deposits of reporting banks in relation to the overall banking sector in the Democratic Republic of the Congo. It provides insights into the country's financial integration and the role of international banking activities.
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 External Loans and Deposits of Reporting Banks in Relation to the Banking Sector for Congo metric represents the ratio of external (cross-border) loans and deposits held by banks in the DRC compared to the total loans and deposits within the domestic banking system. This indicator offers perspectives on the level of international financial linkages and the significance of foreign capital flows.
Methodology
The data is collected and calculated by the World Bank based on reports from national financial authorities.
Historical Context
This trend is used by economists and policymakers to assess the DRC's financial openness and dependence on foreign banking activities.
Key Facts
- The DRC's external loans and deposits ratio was 25.6% in 2020.
- This metric has fluctuated between 20-30% over the past decade.
- Higher ratios indicate greater integration with global financial markets.
FAQs
Q: What does this economic trend measure?
A: This trend measures the ratio of external (cross-border) loans and deposits held by banks in the Democratic Republic of the Congo compared to the total loans and deposits within the domestic banking system.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the DRC's level of financial integration and dependence on international banking activities, which is relevant for economists and policymakers assessing the country's financial openness and stability.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on reports from national financial authorities in the Democratic Republic of the Congo.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to gauge the DRC's exposure to global financial conditions and the role of foreign capital flows in the domestic banking system, which informs monetary and financial stability policies.
Q: Are there update delays or limitations?
A: There may be delays in data reporting and availability from national sources, and the metric may not fully capture all cross-border banking activities in the DRC.
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Citation
U.S. Federal Reserve, External Loans and Deposits of Reporting Banks in Relation to the Banking Sector for Congo (DDOI10CGA156NWDB), retrieved from FRED.