External Loans and Deposits of Reporting Banks in Relation to the Banking Sector for Cote d'Ivoire
DDOI10CIA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.33
Year-over-Year Change
-93.25%
Date Range
1/1/1995 - 1/1/2021
Summary
This economic trend measures the external loans and deposits of reporting banks in Côte d'Ivoire compared to the overall banking sector. It provides insight into the international financial activities and integration of Ivorian banks.
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 external loans and deposits of reporting banks metric represents the scale of Ivorian banks' cross-border financial transactions and their role in the national financial system. Economists use this data to analyze Côte d'Ivoire's financial openness and integration with global markets.
Methodology
The data is collected and calculated by the World Bank from national sources.
Historical Context
This trend is useful for policymakers and analysts assessing Côte d'Ivoire's financial sector development and integration with the global economy.
Key Facts
- Côte d'Ivoire is the world's largest exporter of cocoa beans.
- The Ivorian banking sector accounts for over 30% of GDP.
- Côte d'Ivoire has seen steady economic growth since the early 2000s.
FAQs
Q: What does this economic trend measure?
A: This trend measures the external loans and deposits of reporting banks in Côte d'Ivoire as a percentage of the overall banking sector.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the international financial activities and integration of Ivorian banks, which is important for analyzing the country's financial openness and development.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank from national sources.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess Côte d'Ivoire's financial sector development and integration with the global economy.
Q: Are there update delays or limitations?
A: The data may have update delays due to the time required for national sources to collect and report the information.
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Citation
U.S. Federal Reserve, External Loans and Deposits of Reporting Banks in Relation to the Banking Sector for Cote d'Ivoire (DDOI10CIA156NWDB), retrieved from FRED.