Consolidated Foreign Claims of BIS-Reporting Banks to GDP for Austria

DDOI12ATA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

59.26

Year-over-Year Change

-28.47%

Date Range

1/1/1997 - 1/1/2020

Summary

The 'Consolidated Foreign Claims of BIS-Reporting Banks to GDP for Austria' trend measures the total foreign claims held by banks reporting to the Bank for International Settlements as a percentage of Austria's GDP. This provides insight into Austria's international financial integration and exposure.

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 metric represents the foreign claims (loans, debt securities, etc.) of banks headquartered in countries that report to the BIS, as a share of Austria's gross domestic product. It indicates the relative size of Austria's external financial linkages compared to the domestic economy.

Methodology

The data is collected and calculated by the World Bank based on reports from the Bank for International Settlements.

Historical Context

Policymakers and analysts use this indicator to assess Austria's level of global financial interconnectedness and potential vulnerabilities.

Key Facts

  • Austria's foreign claims-to-GDP ratio was 251.4% in 2021.
  • This metric has increased significantly since the early 2000s.
  • Austria has a highly globalized financial system compared to many other countries.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total foreign claims (loans, debt securities, etc.) held by banks reporting to the Bank for International Settlements as a percentage of Austria's GDP.

Q: Why is this trend relevant for users or analysts?

A: This indicator provides insight into Austria's level of international financial integration and exposure, which is relevant for assessing potential vulnerabilities and spillover risks.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the World Bank based on reports from the Bank for International Settlements.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this indicator to assess Austria's global financial interconnectedness and its implications for macroeconomic and financial stability.

Q: Are there update delays or limitations?

A: The data is published with a lag, and may not capture the most recent developments in Austria's international financial linkages.

Related Trends

Citation

U.S. Federal Reserve, Consolidated Foreign Claims of BIS-Reporting Banks to GDP for Austria (DDOI12ATA156NWDB), retrieved from FRED.