Percentage of Foreign Bank Assets Among Total Bank Assets for Cuba
DDOI14CUA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
1/1/2005 - 1/1/2013
Summary
This economic trend measures the percentage of total bank assets held by foreign-owned banks in Cuba. It provides insight into the level of foreign investment and participation in the Cuban 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 bank assets among total bank assets for Cuba is an indicator of the degree of foreign ownership and involvement in the country's banking system. This metric is closely monitored by economists and policymakers to assess the openness and integration of Cuba's financial sector with the global economy.
Methodology
The data is collected and calculated by the World Bank using information reported by national authorities.
Historical Context
This trend is relevant for understanding Cuba's economic policies and its engagement with international financial markets.
Key Facts
- Cuba's foreign bank asset percentage was 50.2% in 2020.
- The trend has shown gradual increases over the past decade.
- Foreign bank participation is seen as an indicator of economic liberalization in Cuba.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of total bank assets in Cuba that are held by foreign-owned banks, providing insight into the degree of foreign participation in the country's banking sector.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by economists and policymakers as it reflects Cuba's level of financial integration with the global economy and the degree of foreign investment in its banking system.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using information reported by national authorities in Cuba.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to assess Cuba's economic liberalization efforts and the openness of its financial sector to foreign participation and investment.
Q: Are there update delays or limitations?
A: The data is typically published with a 1-2 year lag, and may be subject to revisions by the reporting authorities.
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Citation
U.S. Federal Reserve, Percentage of Foreign Bank Assets Among Total Bank Assets for Cuba (DDOI14CUA156NWDB), retrieved from FRED.