Consolidated Foreign Claims of BIS-Reporting Banks to GDP for Ecuador
DDOI12ECA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.34
Year-over-Year Change
36.42%
Date Range
1/1/1983 - 1/1/2020
Summary
The 'Consolidated Foreign Claims of BIS-Reporting Banks to GDP for Ecuador' trend measures the total foreign claims of BIS-reporting banks as a percentage of Ecuador's GDP. This metric is important for analyzing Ecuador's external debt and financial integration with the global 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
This indicator tracks the foreign claims (loans, debt securities, and other investments) held by banks reporting to the Bank for International Settlements (BIS) as a share of Ecuador's gross domestic product. It provides insight into Ecuador's level of financial exposure to global markets and potential vulnerabilities.
Methodology
The data is calculated by the World Bank using information reported by international banks to the BIS.
Historical Context
Economists and policymakers use this metric to assess Ecuador's reliance on foreign capital and monitor changes in its external financial position.
Key Facts
- Ecuador's foreign claims to GDP ratio peaked at 29.3% in 2014.
- The ratio has declined since 2014, reaching 26.3% in 2020.
- Ecuador is a developing economy with significant external financing needs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total foreign claims of BIS-reporting banks as a percentage of Ecuador's GDP, providing insight into Ecuador's level of financial integration and exposure to global markets.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for analyzing Ecuador's external debt, financial vulnerabilities, and overall integration with the global economy.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using information reported by international banks to the Bank for International Settlements (BIS).
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to assess Ecuador's reliance on foreign capital and monitor changes in its external financial position, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published annually with a delay, and may not capture the most recent economic conditions in Ecuador.
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Citation
U.S. Federal Reserve, Consolidated Foreign Claims of BIS-Reporting Banks to GDP for Ecuador (DDOI12ECA156NWDB), retrieved from FRED.