Loans from Non-Resident Banks, Amounts Outstanding, to GDP for Luxembourg
DDOI09LUA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
424.38
Year-over-Year Change
145.72%
Date Range
1/1/1972 - 1/1/2020
Summary
This economic trend measures the total loans from non-resident banks outstanding in Luxembourg as a percentage of its gross domestic product (GDP). It provides insight into Luxembourg's international financial integration and exposure to external lending sources.
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 Luxembourg' series represents the volume of loans made by foreign banks to borrowers in Luxembourg, expressed as a ratio to the country's overall economic output. This metric is used by economists and policymakers to assess Luxembourg's financial openness and reliance on external credit.
Methodology
The data is collected and reported by the World Bank based on financial sector statistics.
Historical Context
This trend is relevant for understanding Luxembourg's position in global capital markets and the role of foreign banks in its economy.
Key Facts
- Luxembourg has one of the highest ratios of foreign bank loans to GDP among developed economies.
- The trend reached a peak of over 4,300% in 2008 before declining in the aftermath of the global financial crisis.
- Non-resident bank lending is a key driver of Luxembourg's status as a major international financial center.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total loans from non-resident (foreign) banks outstanding in Luxembourg as a percentage of its gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Luxembourg's high degree of international financial integration and its reliance on external sources of credit, which is important for understanding the country's economic and financial position.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank based on financial sector statistics.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to assess Luxembourg's financial openness and the role of foreign banks in its economy, which is relevant for macroeconomic and financial stability analysis.
Q: Are there update delays or limitations?
A: The data is published with some delay, and there may be limitations in capturing all non-resident bank lending activities in Luxembourg.
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Citation
U.S. Federal Reserve, Loans from Non-Resident Banks, Amounts Outstanding, to GDP for Luxembourg (DDOI09LUA156NWDB), retrieved from FRED.