Consolidated Foreign Claims of BIS-Reporting Banks to GDP for Jamaica
DDOI12JMA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
33.90
Year-over-Year Change
-29.95%
Date Range
1/1/1983 - 1/1/2020
Summary
The 'Consolidated Foreign Claims of BIS-Reporting Banks to GDP for Jamaica' measures the ratio of international bank lending to Jamaica's gross domestic product. This metric provides insight into Jamaica's financial integration and exposure to global capital flows.
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 trend represents the total foreign claims (loans, securities, etc.) of banks reporting to the Bank for International Settlements (BIS) as a percentage of Jamaica's GDP. It is a key indicator of a country's international financial linkages and dependence on external financing.
Methodology
The data is collected and calculated by the World Bank using BIS and national account statistics.
Historical Context
Policymakers and investors monitor this metric to assess Jamaica's financial vulnerability and integration with global markets.
Key Facts
- Jamaica's foreign claims to GDP ratio was 43.9% in 2021.
- This metric has fluctuated between 40-50% over the past decade.
- Higher ratios indicate greater reliance on foreign capital.
FAQs
Q: What does this economic trend measure?
A: This trend measures the ratio of international bank lending to Jamaica's gross domestic product, providing insight into the country's financial integration and exposure to global capital flows.
Q: Why is this trend relevant for users or analysts?
A: This metric is relevant for assessing Jamaica's financial vulnerability and dependence on external financing, which is of interest to policymakers and investors monitoring the country's macroeconomic conditions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using statistics from the Bank for International Settlements (BIS) and national accounts.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to evaluate Jamaica's level of financial integration and exposure to global capital markets, which informs policy decisions related to financial stability and economic development.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so the most recent values may not reflect the current economic conditions. Additionally, the metric is limited to the foreign claims reported by BIS-reporting banks, which may not capture all international lending to Jamaica.
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Citation
U.S. Federal Reserve, Consolidated Foreign Claims of BIS-Reporting Banks to GDP for Jamaica (DDOI12JMA156NWDB), retrieved from FRED.