Percentage of Foreign Banks Among Total Banks for Argentina
DDOI13ARA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
32.00
Year-over-Year Change
-13.51%
Date Range
1/1/1995 - 1/1/2013
Summary
The 'Percentage of Foreign Banks Among Total Banks for Argentina' measures the share of banks in Argentina that are owned or controlled by foreign entities. This metric is important for analyzing the degree of foreign participation in the Argentine banking sector.
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 proportion of banks in Argentina that have majority foreign ownership or control. It is used by economists and policymakers to assess the level of foreign presence and influence in the country's banking industry, which can have implications for financial stability, competition, and credit availability.
Methodology
The data is collected and calculated by the World Bank based on information submitted by national central banks and regulators.
Historical Context
Policymakers and analysts monitor this trend to understand the openness and integration of Argentina's financial system with global markets.
Key Facts
- Argentina's foreign bank ownership has declined from a peak of 53% in 2001.
- Foreign banks control around 30% of Argentina's total banking assets as of the latest data.
- The presence of foreign banks in Argentina is influenced by economic and regulatory policies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of banks in Argentina that are majority-owned or controlled by foreign entities, rather than domestic Argentine ownership.
Q: Why is this trend relevant for users or analysts?
A: The level of foreign bank participation in Argentina's banking sector is an important indicator for assessing the openness and integration of the country's financial system with global markets.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on information submitted by Argentina's central bank and financial regulators.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to understand the degree of foreign influence and control in Argentina's banking industry, which can have implications for financial stability, competition, and credit availability.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, so there may be a 1-2 year delay in the most recent figures being available.
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Citation
U.S. Federal Reserve, Percentage of Foreign Banks Among Total Banks for Argentina (DDOI13ARA156NWDB), retrieved from FRED.