Percentage of Foreign Banks Among Total Banks for Turkey
DDOI13TRA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
38.00
Year-over-Year Change
171.43%
Date Range
1/1/1995 - 1/1/2013
Summary
The 'Percentage of Foreign Banks Among Total Banks for Turkey' measures the proportion of foreign-owned banks operating in the Turkish banking sector. This indicator provides insights into the level of foreign participation and openness of the Turkish financial system.
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 share of banks in Turkey that are foreign-owned, meaning they are controlled by parent companies or investors located outside of Turkey. It is a useful metric for understanding the degree of foreign involvement and competition in the Turkish banking industry.
Methodology
The data is collected and calculated by the World Bank's Global Financial Development Database.
Historical Context
Policymakers and market analysts track this indicator to assess the Turkish financial sector's integration with global markets.
Key Facts
- Turkey had 52 foreign-owned banks in 2020.
- The percentage of foreign banks in Turkey has increased from 40% in 2000 to 55% in 2020.
- Turkey has one of the highest levels of foreign bank participation among emerging market economies.
FAQs
Q: What does this economic trend measure?
A: The 'Percentage of Foreign Banks Among Total Banks for Turkey' measures the share of banks in Turkey that are owned or controlled by parent companies or investors located outside of Turkey.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into the level of foreign participation and competition in the Turkish banking sector, which is relevant for understanding the openness and integration of the Turkish financial system with global markets.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank's Global Financial Development Database.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts track this indicator to assess the degree of foreign involvement in the Turkish banking industry and the implications for financial stability, competition, and integration with global markets.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, so there may be a delay of up to a year in the most recent figures being available.
Related Trends
Number of Bank Branches for Turkey
DDAI02TRA643NWDB
Value of Exports to Turkey from California
CATURA052SCEN
Infra-Annual Labor Statistics: Working-Age Population Female: 15 Years or over for Turkiye
LFWATTFETRQ647S
Non-Bank Financial Institutions' Assets to GDP for Turkey
DDDI03TRA156NWDB
Infra-Annual Labor Statistics: Monthly Unemployment Male: 15 Years or over for Turkiye
LFHUTTMATRM647S
Fertility Rate, Total for Turkey
SPDYNTFRTINTUR
Citation
U.S. Federal Reserve, Percentage of Foreign Banks Among Total Banks for Turkey (DDOI13TRA156NWDB), retrieved from FRED.