External Loans and Deposits of Reporting Banks in Relation to the Banking Sector for Maldives
DDOI10MVA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.54
Year-over-Year Change
58.38%
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 overall banking sector in Maldives. It provides insights into the international activities and interconnectedness of the Maldivian 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 Maldives tracks the ratio of a country's reporting banks' cross-border lending and borrowing to the total assets of the national banking sector. This indicator offers perspectives on the degree of international integration and exposure of a nation's financial system.
Methodology
The data is collected and reported by the World Bank based on national banking sector statistics.
Historical Context
Policymakers and analysts use this metric to assess the openness and global linkages of a country's banking industry.
Key Facts
- Maldives' external bank loans and deposits were 156% of total banking assets in 2020.
- The ratio has increased from 92% in 2000, indicating growing international integration.
- High values suggest the Maldivian banking system is deeply connected to global financial markets.
FAQs
Q: What does this economic trend measure?
A: This trend measures the external loans and deposits of banks in Maldives relative to the total assets of the country's banking sector, providing insights into the international activities and interconnectedness of the Maldivian financial system.
Q: Why is this trend relevant for users or analysts?
A: This metric is relevant for assessing the openness and global linkages of Maldives' banking industry, which is important for policymakers and analysts to understand the country's financial stability and exposure to international risks.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank based on national banking sector statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to evaluate the degree of international integration and exposure of Maldives' financial system, which informs decisions related to financial stability, capital flows, and policies affecting the banking industry.
Q: Are there update delays or limitations?
A: There may be delays in data reporting and potential limitations in the coverage or definitions used by national banking authorities, which could affect the timeliness and comparability of this indicator across countries and over time.
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Citation
U.S. Federal Reserve, External Loans and Deposits of Reporting Banks in Relation to the Banking Sector for Maldives (DDOI10MVA156NWDB), retrieved from FRED.