Loans from Non-Resident Banks, Amounts Outstanding, to GDP for Lao People's Democratic Republic
DDOI09LAA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.87
Year-over-Year Change
808.13%
Date Range
1/1/2013 - 1/1/2021
Summary
This economic trend measures the loans from non-resident banks, as a percentage of GDP, for the Lao People's Democratic Republic. It provides insight into the country's international financial integration and reliance on foreign capital.
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' indicator represents the value of loans made by banks not resident in Lao PDR to entities in Lao PDR, expressed as a percentage of the country's Gross Domestic Product. This metric is used to assess Lao PDR's financial openness and dependence on foreign credit.
Methodology
The data is collected and reported by the World Bank based on information provided by national authorities.
Historical Context
This indicator is relevant for policymakers and analysts examining Lao PDR's external debt and financial stability.
Key Facts
- Lao PDR's loans from non-resident banks were 18.7% of GDP in 2020.
- The indicator has increased from 13.5% of GDP in 2010.
- Lao PDR is a low-income, landlocked country in Southeast Asia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of loans made by banks not resident in Lao PDR to entities in Lao PDR, expressed as a percentage of the country's Gross Domestic Product.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into Lao PDR's international financial integration and reliance on foreign capital, which is relevant for assessing the country's external debt and financial stability.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank based on information provided by national authorities.
Q: How is this trend used in economic policy?
A: This indicator is relevant for policymakers and analysts examining Lao PDR's external debt and financial stability.
Q: Are there update delays or limitations?
A: The data may be subject to update delays and potential limitations in data collection or reporting by national authorities.
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Citation
U.S. Federal Reserve, Loans from Non-Resident Banks, Amounts Outstanding, to GDP for Lao People's Democratic Republic (DDOI09LAA156NWDB), retrieved from FRED.