Consolidated Foreign Claims of BIS-Reporting Banks to GDP for Dominican Republic
DDOI12DOA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.72
Year-over-Year Change
-10.76%
Date Range
1/1/1983 - 1/1/2020
Summary
The 'Consolidated Foreign Claims of BIS-Reporting Banks to GDP for Dominican Republic' trend measures the ratio of foreign claims held by international banks to the Dominican Republic's GDP. This metric provides insights into the country's financial integration and its reliance on foreign capital.
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
This indicator tracks the total foreign claims, including loans and securities, held by banks that report to the Bank for International Settlements (BIS) as a percentage of the Dominican Republic's gross domestic product. It serves as a gauge of the Dominican economy's exposure to external financial flows and its integration with the global financial system.
Methodology
The data is collected and calculated by the World Bank using information reported by BIS-member banks.
Historical Context
Policymakers and analysts use this trend to assess the Dominican Republic's financial vulnerability and its dependence on foreign capital.
Key Facts
- The trend reached a high of 57.9% in 2008.
- It declined to 37.5% in 2020 due to the COVID-19 pandemic.
- The Dominican Republic has gradually increased its financial integration with the global economy since the early 2000s.
FAQs
Q: What does this economic trend measure?
A: The 'Consolidated Foreign Claims of BIS-Reporting Banks to GDP for Dominican Republic' trend measures the ratio of foreign claims held by international banks to the Dominican Republic's GDP.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into the Dominican Republic's financial integration and its reliance on foreign capital, which is useful for policymakers and analysts assessing the country's financial vulnerability and dependence on external financing.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using information reported by BIS-member banks.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the Dominican Republic's financial vulnerability and its dependence on foreign capital, which is relevant for formulating policies related to financial stability and external debt management.
Q: Are there update delays or limitations?
A: The data is published with a lag, and there may be limitations in the reporting coverage of BIS-member banks, which could affect the completeness of the information.
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Citation
U.S. Federal Reserve, Consolidated Foreign Claims of BIS-Reporting Banks to GDP for Dominican Republic (DDOI12DOA156NWDB), retrieved from FRED.