External Loans and Deposits of Reporting Banks in Relation to the Banking Sector for Comoros
DDOI10KMA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.70
Year-over-Year Change
9.24%
Date Range
1/1/1995 - 1/1/2021
Summary
This economic trend measures the external loans and deposits of reporting banks in Comoros relative to the overall banking sector. It provides insights into the international financial activities and integration of Comoros' banking system.
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 Comoros metric tracks the percentage of a country's total banking sector assets and liabilities that are held in foreign currency by domestic banks. This helps analysts assess the degree of international financial interconnectedness and exposure.
Methodology
The data is collected by the World Bank from national authorities and compiled into the World Development Indicators dataset.
Historical Context
This trend is useful for policymakers and economists analyzing Comoros' financial openness and vulnerability to external shocks.
Key Facts
- Comoros' external loans and deposits are 10% of total banking sector assets and liabilities.
- The trend has remained relatively stable over the past decade.
- High levels of foreign currency exposure can increase a country's vulnerability to exchange rate fluctuations.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of Comoros' total banking sector assets and liabilities that are held in foreign currency by domestic banks.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the degree of international financial integration and exposure of Comoros' banking system, which is important for assessing financial stability and vulnerability to external shocks.
Q: How is this data collected or calculated?
A: The data is collected by the World Bank from national authorities and compiled into the World Development Indicators dataset.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to analyze Comoros' financial openness and potential vulnerabilities, which can inform macroeconomic and financial stability policies.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so there may be a delay in reflecting the most recent changes in Comoros' banking sector.
Related Trends
Use of Financial Services: Number of Loan Accounts at Other Deposit Takers for Comoros
COMFCNODDNUM
Geographical Outreach: Number of Automated Teller Machines (ATMs) in 3 Largest Cities for Comoros
COMFCACLNUM
Use of Financial Services Deposit Accounts: Accounts at Other Deposit Takers for Comoros
COMFCAODDNUM
Geographical Outreach: Number of Institutions, Other Depository Corporations for Comoros
COMFCIODNUM
Loans from Non-Resident Banks, Amounts Outstanding, to GDP for Comoros
DDOI09KMA156NWDB
Literacy Rate, Adult Total for Comoros
SEADTLITRZSCOM
Citation
U.S. Federal Reserve, External Loans and Deposits of Reporting Banks in Relation to the Banking Sector for Comoros (DDOI10KMA156NWDB), retrieved from FRED.