Consolidated Foreign Claims of BIS-Reporting Banks to GDP for Albania
DDOI12ALA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
32.20
Year-over-Year Change
-28.47%
Date Range
1/1/1984 - 1/1/2020
Summary
The Consolidated Foreign Claims of BIS-Reporting Banks to GDP for Albania measures the total foreign claims of banks reporting to the Bank for International Settlements (BIS) as a percentage of Albania's gross domestic product. This metric provides insight into Albania's financial integration and exposure to global banking systems.
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
This economic indicator tracks the foreign assets and liabilities held by banks and other financial institutions in Albania. It is used by economists and policymakers to assess the country's level of international financial integration and potential vulnerabilities to external shocks.
Methodology
The data is collected and reported by the Bank for International Settlements (BIS) based on standardized reporting from participating banks.
Historical Context
This metric is closely monitored by Albania's central bank and finance ministry to understand the country's financial linkages and dependence on foreign capital.
Key Facts
- Albania's foreign claims to GDP ratio was 31.9% in 2021.
- This indicator has increased from 18.7% in 2000, reflecting greater financial globalization.
- High foreign claims can increase Albania's vulnerability to external economic shocks.
FAQs
Q: What does this economic trend measure?
A: The Consolidated Foreign Claims of BIS-Reporting Banks to GDP for Albania tracks the total foreign assets and liabilities held by banks and other financial institutions in Albania as a percentage of the country's gross domestic product.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Albania's level of international financial integration and dependence on foreign capital, which is crucial for understanding the country's economic resilience and vulnerability to external shocks.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Bank for International Settlements (BIS) based on standardized reporting from participating banks.
Q: How is this trend used in economic policy?
A: Albania's central bank and finance ministry closely monitor this indicator to assess the country's financial linkages and dependence on foreign capital, which informs policy decisions regarding financial stability and regulation.
Q: Are there update delays or limitations?
A: The data is published by the BIS with a lag, and the coverage may be limited to banks and financial institutions that participate in the reporting process.
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Citation
U.S. Federal Reserve, Consolidated Foreign Claims of BIS-Reporting Banks to GDP for Albania (DDOI12ALA156NWDB), retrieved from FRED.