Loans from Non-Resident Banks, Amounts Outstanding, to GDP for Bermuda
DDOI09BMA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,081.09
Year-over-Year Change
790.34%
Date Range
1/1/1987 - 1/1/2021
Summary
This trend measures the total value of loans from non-resident banks to Bermuda as a percentage of Bermuda's GDP. It provides insight into Bermuda's international financial linkages and exposure to external banking flows.
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 Loans from Non-Resident Banks, Amounts Outstanding, to GDP for Bermuda metric represents the total value of loans made by foreign banks to entities in Bermuda, expressed as a ratio to Bermuda's gross domestic product. This indicator offers economists and policymakers visibility into Bermuda's reliance on external financing and integration with the global banking system.
Methodology
The data is collected by the World Bank from national accounts and balance of payments statistics.
Historical Context
This trend is monitored by economists, investors, and regulators to assess Bermuda's financial stability and susceptibility to international banking shocks.
Key Facts
- Bermuda has a large offshore banking sector.
- Loans from non-resident banks equal over 700% of Bermuda's GDP.
- The trend has remained relatively stable over the past decade.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total value of loans from foreign banks to entities in Bermuda, as a percentage of Bermuda's gross domestic product.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into Bermuda's integration with the global banking system and reliance on external financing, which is relevant for assessing the country's financial stability and susceptibility to international shocks.
Q: How is this data collected or calculated?
A: The data is collected by the World Bank from national accounts and balance of payments statistics.
Q: How is this trend used in economic policy?
A: Economists, investors, and regulators monitor this trend to assess Bermuda's financial stability and exposure to international banking flows, which can inform policymaking and investment decisions.
Q: Are there update delays or limitations?
A: The data is subject to the reporting timelines and methodologies of the World Bank and national statistical agencies, which may result in periodic update delays or revisions.
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Citation
U.S. Federal Reserve, Loans from Non-Resident Banks, Amounts Outstanding, to GDP for Bermuda (DDOI09BMA156NWDB), retrieved from FRED.