External Loans and Deposits of Reporting Banks in Relation to the Banking Sector for Papua New Guinea

DDOI10PGA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

3.83

Year-over-Year Change

-71.82%

Date Range

1/1/1995 - 1/1/2020

Summary

This trend measures the ratio of external loans and deposits held by reporting banks to the overall banking sector in Papua New Guinea. It provides insights into the integration and stability of the country's financial 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 for Papua New Guinea metric offers a snapshot of the relative size and importance of international banking activities within the broader Papua New Guinean financial landscape. This indicator is useful for analyzing the openness and exposure of the domestic banking system to global markets.

Methodology

The data is collected and calculated by the World Bank based on reports from Papua New Guinean financial institutions.

Historical Context

This metric can inform policy decisions related to financial regulation, capital controls, and strategies for promoting domestic or international banking activities.

Key Facts

  • Papua New Guinea is a developing economy in the South Pacific region.
  • The banking sector plays a key role in the country's financial system.
  • Monitoring international banking activities is important for economic policymakers.

FAQs

Q: What does this economic trend measure?

A: This trend measures the ratio of external loans and deposits held by reporting banks to the overall banking sector in Papua New Guinea.

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

A: This metric provides insights into the integration and stability of Papua New Guinea's financial system by indicating the relative importance of international banking activities.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the World Bank based on reports from Papua New Guinean financial institutions.

Q: How is this trend used in economic policy?

A: This metric can inform policy decisions related to financial regulation, capital controls, and strategies for promoting domestic or international banking activities.

Q: Are there update delays or limitations?

A: The data may be subject to reporting lags or limitations inherent in the collection process from individual financial institutions.

Related Trends

Citation

U.S. Federal Reserve, External Loans and Deposits of Reporting Banks in Relation to the Banking Sector for Papua New Guinea (DDOI10PGA156NWDB), retrieved from FRED.