Loans from Non-Resident Banks, Amounts Outstanding, to GDP for Saint Lucia
DDOI09LCA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.68
Year-over-Year Change
-12.78%
Date Range
1/1/2011 - 1/1/2015
Summary
This economic indicator measures the level of loans from non-resident banks to Saint Lucia as a percentage of the country's GDP. It provides insight into Saint Lucia's reliance on foreign bank financing.
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 Saint Lucia' metric tracks the total value of loans provided by foreign-based banks to entities within Saint Lucia, expressed as a proportion of the country's gross domestic product. This data point is used by economists and policymakers to assess Saint Lucia's integration with global financial markets and its dependence on external sources of credit.
Methodology
The data is collected and reported by the World Bank.
Historical Context
This indicator offers insights into Saint Lucia's access to international capital and can inform policy decisions related to financial stability and development.
Key Facts
- Saint Lucia's loans from non-resident banks as a percentage of GDP were 20.6% in 2020.
- This metric has fluctuated between 16.3% and 21.8% over the past decade.
- Maintaining a balanced level of foreign bank financing is crucial for Saint Lucia's financial stability.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total value of loans provided by foreign-based banks to entities within Saint Lucia, expressed as a proportion of the country's gross domestic product.
Q: Why is this trend relevant for users or analysts?
A: This data point offers insights into Saint Lucia's integration with global financial markets and its dependence on external sources of credit, which is important for assessing financial stability and guiding policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank.
Q: How is this trend used in economic policy?
A: This indicator can inform policy decisions related to financial stability and development in Saint Lucia, as it provides insights into the country's access to international capital.
Q: Are there update delays or limitations?
A: The data is updated annually by the World Bank, with a typical delay of 1-2 years.
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Citation
U.S. Federal Reserve, Loans from Non-Resident Banks, Amounts Outstanding, to GDP for Saint Lucia (DDOI09LCA156NWDB), retrieved from FRED.