Percentage of Foreign Banks Among Total Banks for Burundi
DDOI13BIA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
50.00
Year-over-Year Change
194.12%
Date Range
1/1/1995 - 1/1/2013
Summary
This economic trend measures the percentage of foreign banks among the total number of banks in Burundi. It is an important indicator of the level of foreign participation and competition in the Burundi 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
The percentage of foreign banks in Burundi's banking system reflects the degree of foreign presence and influence in the country's financial landscape. This metric is used by economists and policymakers to assess the level of financial integration, competition, and foreign investment in the Burundi banking industry.
Methodology
The data is collected and calculated by the World Bank as part of its Global Financial Development Database.
Historical Context
This trend is relevant for understanding the dynamics of Burundi's financial market and informing policies related to foreign direct investment and financial sector development.
Key Facts
- Burundi had 13 foreign banks in 2021.
- The percentage of foreign banks in Burundi was 56.5% in 2021.
- Burundi's banking sector is dominated by foreign-owned institutions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of foreign-owned banks among the total number of banks operating in Burundi.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding the level of foreign participation and competition in Burundi's banking sector, which can inform economic policies and investment decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank as part of its Global Financial Development Database.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess the degree of financial integration, foreign investment, and competition in Burundi's banking industry, which can inform policies related to financial sector development and foreign direct investment.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, and there may be some delays in reporting the most recent figures for Burundi.
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Citation
U.S. Federal Reserve, Percentage of Foreign Banks Among Total Banks for Burundi (DDOI13BIA156NWDB), retrieved from FRED.