Loans from Non-Resident Banks, Amounts Outstanding, to GDP for Slovakia
DDOI09SKA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.40
Year-over-Year Change
-32.98%
Date Range
1/1/1994 - 1/1/2021
Summary
This economic trend measures loans from non-resident banks as a percentage of GDP in Slovakia, providing insights into the country's international financial integration and economic stability.
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 Slovakia' indicator tracks the ratio of outstanding loans from banks outside of Slovakia to the country's gross domestic product. This metric is used to assess Slovakia's level of financial openness and dependence on foreign capital.
Methodology
The data is collected and calculated by the World Bank using information on non-resident bank lending and GDP figures.
Historical Context
This trend is closely monitored by policymakers and analysts to understand Slovakia's vulnerability to external financial shocks.
Key Facts
- Loans from non-resident banks accounted for over 50% of Slovakia's GDP in 2020.
- The ratio of non-resident bank loans to GDP in Slovakia has steadily increased since the early 2000s.
- High dependence on foreign capital can make Slovakia's economy vulnerable to global financial volatility.
FAQs
Q: What does this economic trend measure?
A: This trend measures the amount of outstanding loans from banks outside of Slovakia as a percentage of the country's gross domestic product.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Slovakia's level of financial integration and dependence on foreign capital, which is crucial for assessing the country's economic stability and vulnerability to external shocks.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using information on non-resident bank lending and GDP figures.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this trend to understand Slovakia's exposure to international financial volatility and inform policy decisions related to financial stability and economic integration.
Q: Are there update delays or limitations?
A: The data is updated annually by the World Bank, and there may be some delays in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, Loans from Non-Resident Banks, Amounts Outstanding, to GDP for Slovakia (DDOI09SKA156NWDB), retrieved from FRED.