Loans from Non-Resident Banks, Amounts Outstanding, to GDP for Fiji
DDOI09FJA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.64
Year-over-Year Change
-18.05%
Date Range
1/1/2006 - 1/1/2019
Summary
This economic trend measures the loans from non-resident banks to Fiji as a percentage of its GDP, providing insights into the country's external financing and economic integration.
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 Fiji' indicator represents the total value of loans from banks outside of Fiji as a proportion of the country's gross domestic product. This metric is used to assess Fiji's level of international financial integration and reliance on external credit.
Methodology
The data is collected and calculated by the World Bank based on reports from national central banks and monetary authorities.
Historical Context
This trend is relevant for analyzing Fiji's financial openness, external debt exposure, and economic resilience.
Key Facts
- Fiji's non-resident bank loans as a percentage of GDP were 36.7% in 2020.
- This metric has fluctuated between 25-40% over the past decade.
- Reliance on external bank financing can expose Fiji to global financial shocks.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of loans from banks outside of Fiji as a proportion of the country's gross domestic product, providing insights into Fiji's level of international financial integration.
Q: Why is this trend relevant for users or analysts?
A: This metric is relevant for analyzing Fiji's financial openness, external debt exposure, and economic resilience to global financial shocks.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on reports from Fiji's central bank and monetary authorities.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess Fiji's level of international financial integration and reliance on external credit, which can inform decisions on macroeconomic and financial stability policies.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, so there may be a 1-2 year delay in the most recent figures being available.
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Citation
U.S. Federal Reserve, Loans from Non-Resident Banks, Amounts Outstanding, to GDP for Fiji (DDOI09FJA156NWDB), retrieved from FRED.