Percentage of Foreign Banks Among Total Banks for El Salvador
DDOI13SVA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
91.00
Year-over-Year Change
56.90%
Date Range
1/1/1995 - 1/1/2013
Summary
The 'Percentage of Foreign Banks Among Total Banks for El Salvador' trend measures the share of foreign-owned banks operating in El Salvador's banking system. This metric is relevant for economists and policymakers to assess the level of foreign participation in the domestic financial 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 indicator represents the percentage of total banks in El Salvador that are foreign-owned. It provides insight into the degree of foreign bank penetration in the country's banking industry, which can have implications for competition, financial stability, and access to capital.
Methodology
The data is collected and calculated by the World Bank using information on bank ownership structures.
Historical Context
This trend is useful for analyzing the degree of openness and integration of El Salvador's banking sector with global financial markets.
Key Facts
- Foreign banks accounted for X% of total banks in El Salvador in the latest year.
- The share of foreign banks in El Salvador has [increased/decreased] by Y percentage points over the past decade.
- Globally, the average share of foreign banks is approximately Z%.
FAQs
Q: What does this economic trend measure?
A: The 'Percentage of Foreign Banks Among Total Banks for El Salvador' metric tracks the share of banks in El Salvador that are owned by foreign entities.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the level of foreign participation in El Salvador's banking system, which can have implications for competition, financial stability, and access to capital.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using information on bank ownership structures.
Q: How is this trend used in economic policy?
A: Policymakers and economists may use this metric to assess the degree of openness and integration of El Salvador's banking sector with global financial markets.
Q: Are there update delays or limitations?
A: The data may be subject to periodic updates and may not reflect the most recent changes in the banking sector.
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Citation
U.S. Federal Reserve, Percentage of Foreign Banks Among Total Banks for El Salvador (DDOI13SVA156NWDB), retrieved from FRED.