External Loans and Deposits of Reporting Banks in Relation to the Banking Sector for Gambia
DDOI10GMA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
33.70
Year-over-Year Change
131.23%
Date Range
1/1/1995 - 1/1/2021
Summary
This economic trend measures the external loans and deposits of reporting banks in relation to the banking sector for Gambia. It provides insights into the country's international financial integration and cross-border 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 Gambia indicator tracks the level of external loans and deposits held by banks in Gambia compared to the overall banking sector. This metric offers insights into the degree of international financial activity and integration of Gambia's banking system.
Methodology
The data is collected and reported by the World Bank as part of its Global Financial Development Database.
Historical Context
This trend is used by economists and policymakers to assess the level of cross-border banking activity and financial openness in Gambia.
Key Facts
- Gambia's external loans and deposits were 10.56% of its banking sector in 2020.
- The trend has increased from 9.74% in 2010, indicating growing international financial integration.
- Gambia's banking sector is relatively small, with this external metric providing insights into its global connectivity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the level of external loans and deposits held by banks in Gambia compared to the overall banking sector. It provides insights into the country's international financial integration and cross-border banking activities.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for economists and policymakers to assess the degree of financial openness and global connectivity of Gambia's banking system.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank as part of its Global Financial Development Database.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to analyze the level of cross-border banking activity and financial integration in Gambia, which can inform policies related to international finance and financial sector development.
Q: Are there update delays or limitations?
A: The data is updated annually by the World Bank, so there may be a delay of up to a year in the most recent information.
Related Trends
Number of Identified Exporters to Gambia from Massachusetts
MAGMBA475SCEN
Use of Financial Services: Key Indicators, Outstanding Deposits with Commercial Banks for Gambia, The
GMBFCLODCGGDPPT
U.S. Imports of Goods by Customs Basis from Gambia
IMP7500
Number of Identified Exporters to Gambia from West Virginia
WVGMBA475SCEN
Population, Total for Gambia
POPTOTGM52647NWDB
Number of Identified Exporters to Gambia from Pennsylvania
PAGMBA475SCEN
Citation
U.S. Federal Reserve, External Loans and Deposits of Reporting Banks in Relation to the Banking Sector for Gambia (DDOI10GMA156NWDB), retrieved from FRED.