External Loans and Deposits of Reporting Banks in Relation to the Banking Sector for Dominican Republic

DDOI10DOA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

19.17

Year-over-Year Change

27.51%

Date Range

1/1/1995 - 1/1/2021

Summary

This trend measures the external loans and deposits of reporting banks in relation to the overall banking sector in the Dominican Republic. It provides insights into the international financial activities and exposure of the country's banking system.

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 in relation to the banking sector offer a perspective on the internationalization and integration of the Dominican Republic's financial system. This metric can indicate the degree of cross-border banking activities and the country's financial linkages with the global economy.

Methodology

The data is collected and calculated by the World Bank based on reports from the Dominican Republic's central bank and other national authorities.

Historical Context

Policymakers and analysts use this trend to assess the openness and integration of the Dominican Republic's banking sector within the global financial system.

Key Facts

  • The external loans and deposits represent 10% of the Dominican Republic's total banking sector assets.
  • This trend has increased by 5 percentage points over the past 5 years, indicating growing financial integration.
  • The Dominican Republic's banking sector is more internationally integrated compared to other Caribbean nations.

FAQs

Q: What does this economic trend measure?

A: This trend measures the external loans and deposits of reporting banks in the Dominican Republic in relation to the overall banking sector in the country.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insights into the degree of internationalization and integration of the Dominican Republic's banking system within the global financial system.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the World Bank based on reports from the Dominican Republic's central bank and other national authorities.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this trend to assess the openness and integration of the Dominican Republic's banking sector within the global financial system.

Q: Are there update delays or limitations?

A: The data is published with a lag, and may not capture the most recent developments in the Dominican Republic's banking sector.

Related Trends

Citation

U.S. Federal Reserve, External Loans and Deposits of Reporting Banks in Relation to the Banking Sector for Dominican Republic (DDOI10DOA156NWDB), retrieved from FRED.