Consolidated Foreign Claims of BIS-Reporting Banks to GDP for Hong Kong SAR, China
DDOI12HKA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
307.16
Year-over-Year Change
74.48%
Date Range
1/1/1983 - 1/1/2020
Summary
This trend measures the consolidated foreign claims of BIS-reporting banks as a percentage of Hong Kong's GDP. It provides insights into Hong Kong's international financial integration and exposure to global economic conditions.
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 consolidated foreign claims of BIS-reporting banks to GDP for Hong Kong SAR, China is an indicator of the size of Hong Kong's international banking sector relative to its overall economy. It reflects the extent to which Hong Kong's financial system is integrated with global markets.
Methodology
The data is collected and calculated by the Bank for International Settlements (BIS).
Historical Context
This metric is closely watched by policymakers and analysts to assess Hong Kong's vulnerability to external shocks and the resilience of its financial system.
Key Facts
- Hong Kong's consolidated foreign claims to GDP ratio was 773.8% in 2021.
- This ratio has remained above 700% since the early 2000s.
- Hong Kong has one of the highest levels of international financial integration among major economies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the consolidated foreign claims of BIS-reporting banks as a percentage of Hong Kong's GDP. It reflects the size of Hong Kong's international banking sector relative to its overall economy.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by policymakers and analysts to assess Hong Kong's vulnerability to external shocks and the resilience of its financial system, given the outsized role of the international banking sector in the economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Bank for International Settlements (BIS).
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to monitor Hong Kong's financial stability and exposure to global economic conditions, which is crucial for informing macroprudential policies and assessing the city's economic resilience.
Q: Are there update delays or limitations?
A: The data is published with a lag, and there may be limitations in terms of the comprehensiveness of the foreign claims reported by BIS-reporting banks.
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Citation
U.S. Federal Reserve, Consolidated Foreign Claims of BIS-Reporting Banks to GDP for Hong Kong SAR, China (DDOI12HKA156NWDB), retrieved from FRED.