External Loans and Deposits of Reporting Banks in Relation to the Banking Sector for Guinea-Bissau
DDOI10GWA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.91
Year-over-Year Change
-25.55%
Date Range
1/1/1995 - 1/1/2021
Summary
This trend measures the external loans and deposits of reporting banks in Guinea-Bissau as a percentage of the overall banking sector. It provides insights into the international financial connectivity and health of the Guinean 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 total banking sector represents the degree of financial integration between Guinea-Bissau's banks and the global financial system. This metric is used by economists and policymakers to assess the country's financial openness and vulnerability to external shocks.
Methodology
The data is collected and reported by the World Bank through its International Debt Statistics program.
Historical Context
This indicator is relevant for understanding Guinea-Bissau's monetary policy and financial stability.
Key Facts
- Guinea-Bissau is a small West African country with a population of around 1.9 million.
- The country's banking sector is relatively underdeveloped, with limited access to financial services.
- Improving financial integration and stability is a key development priority for Guinea-Bissau.
FAQs
Q: What does this economic trend measure?
A: This trend measures the external loans and deposits of reporting banks in Guinea-Bissau as a percentage of the overall banking sector in the country.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into the degree of financial integration between Guinea-Bissau's banks and the global financial system, which is relevant for assessing the country's financial openness and vulnerability to external shocks.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank through its International Debt Statistics program.
Q: How is this trend used in economic policy?
A: This indicator is relevant for understanding Guinea-Bissau's monetary policy and financial stability, as it reflects the country's level of financial integration with the global economy.
Q: Are there update delays or limitations?
A: The data may be subject to delays in reporting and limited coverage of the Guinean banking sector.
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Value of Exports to Guinea-Bissau from Georgia
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Bank's Non-Interest Income to Total Income for Guinea-Bissau
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Citation
U.S. Federal Reserve, External Loans and Deposits of Reporting Banks in Relation to the Banking Sector for Guinea-Bissau (DDOI10GWA156NWDB), retrieved from FRED.