Consolidated Foreign Claims of BIS-Reporting Banks to GDP for Ethiopia
DDOI12ETA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.07
Year-over-Year Change
1415.96%
Date Range
1/1/1983 - 1/1/2020
Summary
The Consolidated Foreign Claims of BIS-Reporting Banks to GDP for Ethiopia measures the ratio of foreign bank claims to the country's total economic output. This metric provides insight into Ethiopia's financial integration and dependence 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 series represents the total foreign claims held by banks reporting to the Bank for International Settlements (BIS) as a percentage of Ethiopia's gross domestic product. It serves as an indicator of the country's level of international financial integration and reliance on external lending.
Methodology
The data is collected and calculated by the World Bank using information reported by participating banks and national accounts statistics.
Historical Context
Policymakers and analysts use this metric to assess Ethiopia's exposure to external financial shocks and its ability to service foreign debt.
Key Facts
- Ethiopia's foreign bank claims-to-GDP ratio was 13.5% in 2020.
- This metric has increased from 5.7% in 2000, indicating greater financial integration.
- High reliance on foreign capital can make Ethiopia vulnerable to global financial shocks.
FAQs
Q: What does this economic trend measure?
A: This trend measures the ratio of foreign bank claims held by BIS-reporting institutions to Ethiopia's gross domestic product, providing insight into the country's level of international financial integration.
Q: Why is this trend relevant for users or analysts?
A: This metric is relevant for assessing Ethiopia's exposure to external financial shocks and its ability to service foreign debt, which are key considerations for policymakers and investors.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using information reported by participating banks and national accounts statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to evaluate Ethiopia's level of financial integration and dependence on foreign capital, which informs decisions related to macroeconomic management and external debt sustainability.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedules and methodologies of the contributing institutions, which may result in occasional delays or changes in coverage.
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Citation
U.S. Federal Reserve, Consolidated Foreign Claims of BIS-Reporting Banks to GDP for Ethiopia (DDOI12ETA156NWDB), retrieved from FRED.