Loans from Non-Resident Banks, Amounts Outstanding, to GDP for Turkey
DDOI09TRA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17.39
Year-over-Year Change
119.10%
Date Range
1/1/1976 - 1/1/2021
Summary
This trend measures the ratio of loans from non-resident banks to Turkey's GDP, providing insights into the country's external debt and financial 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 Turkey' metric represents the total value of loans extended to Turkey by banks located outside the country, expressed as a percentage of its gross domestic product. This ratio is an important indicator of Turkey's reliance on foreign capital and its level of financial openness.
Methodology
The data is collected and calculated by the World Bank based on submissions from national central banks and statistical agencies.
Historical Context
This trend is closely monitored by policymakers, investors, and analysts to assess Turkey's external debt sustainability and vulnerability to global financial shocks.
Key Facts
- Turkey's non-resident bank loans to GDP ratio was 13.7% in 2021.
- This metric has fluctuated between 8.9% and 17.9% over the past decade.
- The ratio peaked in 2018 during a period of economic and financial volatility in Turkey.
FAQs
Q: What does this economic trend measure?
A: This trend measures the ratio of loans from non-resident banks to Turkey's GDP, providing insights into the country's external debt and financial integration.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely monitored by policymakers, investors, and analysts to assess Turkey's external debt sustainability and vulnerability to global financial shocks.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on submissions from national central banks and statistical agencies.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers to evaluate Turkey's external debt position and financial stability, which informs policy decisions related to macroeconomic management and financial regulation.
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 most recent year's figures being available.
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Citation
U.S. Federal Reserve, Loans from Non-Resident Banks, Amounts Outstanding, to GDP for Turkey (DDOI09TRA156NWDB), retrieved from FRED.