Consolidated Foreign Claims of BIS-Reporting Banks to GDP for Dominica
DDOI12DMA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21.40
Year-over-Year Change
-61.24%
Date Range
1/1/1983 - 1/1/2020
Summary
This economic trend measures the consolidated foreign claims of BIS-reporting banks as a percentage of Dominica's GDP. It provides insight into the foreign exposure and financial integration of Dominica's economy.
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 consolidated foreign claims of BIS-reporting banks to GDP for Dominica is an important indicator of the country's international financial linkages. It tracks the size of foreign banks' claims on Dominica relative to the overall size of its economy, shedding light on the degree of external financing and potential vulnerabilities.
Methodology
The data is collected and calculated by the World Bank based on information reported by the Bank for International Settlements (BIS).
Historical Context
This metric is used by economists and policymakers to assess Dominica's financial openness and exposure to global economic conditions.
Key Facts
- Dominica's consolidated foreign claims to GDP ratio was 66.4% in 2020.
- This metric has fluctuated between 50-70% over the past decade.
- Higher ratios indicate greater foreign financial exposure for Dominica's economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the consolidated foreign claims of BIS-reporting banks as a percentage of Dominica's GDP, providing insight into the country's financial integration and external exposure.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding Dominica's level of financial openness and vulnerability to global economic conditions, which is crucial for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on information reported by the Bank for International Settlements (BIS).
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to assess Dominica's financial integration and exposure to external shocks, informing policy decisions related to financial regulation and macroeconomic stability.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, and may not capture the most recent developments in Dominica's financial landscape.
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Citation
U.S. Federal Reserve, Consolidated Foreign Claims of BIS-Reporting Banks to GDP for Dominica (DDOI12DMA156NWDB), retrieved from FRED.