Percentage of Foreign Bank Assets Among Total Bank Assets for Hungary
DDOI14HUA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
56.00
Year-over-Year Change
-16.42%
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 Hungary. It provides insight into the degree of foreign participation and integration in the Hungarian 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 is an important indicator of the level of foreign investment and control in a country's banking system. It helps analysts and policymakers assess the openness and internationalization of the domestic financial sector.
Methodology
The data is collected and calculated by the World Bank using information reported by national banking authorities.
Historical Context
This metric is relevant for evaluating financial stability, competition, and the influence of global capital flows on the Hungarian economy.
Key Facts
- Hungary's foreign bank asset ratio was 58.8% in 2019.
- Foreign bank ownership increased substantially after Hungary's EU accession in 2004.
- The share of foreign bank assets peaked at over 80% prior to the 2008 global financial crisis.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of total bank assets in Hungary that are held by foreign-owned banks, providing insight into the level of foreign participation in the domestic banking sector.
Q: Why is this trend relevant for users or analysts?
A: The foreign bank asset ratio is an important indicator of financial openness and integration, helping analysts and policymakers assess the influence of global capital flows and the competition dynamics within the Hungarian 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 banking authorities in Hungary.
Q: How is this trend used in economic policy?
A: Policymakers monitor this metric to evaluate financial stability, competition, and the degree of foreign influence in the domestic banking sector, which can inform decisions on regulatory frameworks and policies affecting the financial system.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, with a potential delay of 1-2 years in the most recent figures being available.
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Citation
U.S. Federal Reserve, Percentage of Foreign Bank Assets Among Total Bank Assets for Hungary (DDOI14HUA156NWDB), retrieved from FRED.