Provisions to Non-Performing Loans for Ireland
DDSI07IEA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
55.24
Year-over-Year Change
81.13%
Date Range
1/1/1998 - 1/1/2020
Summary
The 'Provisions to Non-Performing Loans for Ireland' metric tracks the ratio of loan loss provisions to non-performing loans in the Irish banking sector. This key indicator provides insight into the financial health and risk management practices of Irish banks.
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 indicator represents the portion of non-performing loans that Irish banks have set aside as provisions to cover potential losses. It is a vital measure of banking sector stability and the adequacy of risk mitigation strategies.
Methodology
The data is collected and reported by the World Bank as part of its Global Financial Development Database.
Historical Context
Analysts and policymakers monitor this trend to assess the resilience of the Irish financial system and identify potential vulnerabilities.
Key Facts
- Ireland's provisions to non-performing loans ratio was 47.5% in 2020.
- This metric has fluctuated significantly since the 2008 financial crisis.
- Higher ratios indicate stronger bank provisioning and risk mitigation.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the ratio of loan loss provisions to non-performing loans in the Irish banking sector, providing insight into financial health and risk management.
Q: Why is this trend relevant for users or analysts?
A: This indicator is crucial for assessing the resilience and stability of the Irish financial system, as well as the adequacy of banks' risk mitigation strategies.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank as part of its Global Financial Development Database.
Q: How is this trend used in economic policy?
A: Analysts and policymakers monitor this trend to identify potential vulnerabilities in the Irish banking sector and inform policies aimed at maintaining financial stability.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, so there may be a delay in the most recent figures being available.
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Citation
U.S. Federal Reserve, Provisions to Non-Performing Loans for Ireland (DDSI07IEA156NWDB), retrieved from FRED.