Loans from Non-Resident Banks, Amounts Outstanding, to GDP for Namibia
DDOI09NAA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.13
Year-over-Year Change
53.52%
Date Range
1/1/2011 - 1/1/2021
Summary
This economic trend measures the loans from non-resident banks to Namibia, expressed as a percentage of the country's GDP. It provides insights into Namibia's reliance on foreign bank financing and its 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 Namibia' series tracks the value of loans made by banks located outside of Namibia to entities within the country, presented as a ratio to Namibia's total GDP. This metric is used to assess Namibia's financial openness and dependence on foreign capital.
Methodology
The data is collected and calculated by the World Bank using national accounts and balance of payments statistics.
Historical Context
This trend is relevant for evaluating Namibia's financial stability, external vulnerabilities, and policy decisions related to capital flows and exchange rates.
Key Facts
- Namibia's loans from non-resident banks equaled 57.3% of its GDP in 2020.
- The trend has fluctuated between 50-60% of GDP over the past decade.
- Foreign bank lending is a significant source of financing for Namibia's economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of loans made by banks located outside of Namibia to entities within the country, expressed as a percentage of Namibia's GDP.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Namibia's reliance on foreign bank financing and its level of financial integration with the global economy, which is relevant for evaluating economic stability and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using national accounts and balance of payments statistics.
Q: How is this trend used in economic policy?
A: This trend is used to assess Namibia's financial stability, external vulnerabilities, and inform policy decisions related to capital flows and exchange rates.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so there may be delays in accessing the most recent information.
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Citation
U.S. Federal Reserve, Loans from Non-Resident Banks, Amounts Outstanding, to GDP for Namibia (DDOI09NAA156NWDB), retrieved from FRED.