Consolidated Foreign Claims of BIS-Reporting Banks to GDP for Islamic Republic of Iran
DDOI12IRA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.52
Year-over-Year Change
-86.77%
Date Range
1/1/1983 - 1/1/2020
Summary
This economic trend measures the consolidated foreign claims of BIS-reporting banks as a percentage of Iran's GDP. It provides insight into Iran's international financial integration and exposure to global banking systems.
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 metric tracks the total outstanding foreign claims held by banks based in BIS-reporting countries against borrowers in Iran. This data point is used by economists and policymakers to assess Iran's level of financial globalization and vulnerability to external shocks.
Methodology
The data is collected and reported by the Bank for International Settlements (BIS) based on submissions from participating national central banks.
Historical Context
This trend is relevant for understanding Iran's financial linkages and potential risks in the global economy.
Key Facts
- Iran's foreign bank claims-to-GDP ratio reached a high of 29.1% in 2008.
- The ratio declined to 17.6% by 2020 amid economic sanctions and reduced global integration.
- BIS-reporting banks are based in major advanced economies like the U.S., U.K., and Eurozone.
FAQs
Q: What does this economic trend measure?
A: This trend measures the consolidated foreign claims of BIS-reporting banks as a percentage of Iran's GDP. It provides insight into Iran's level of financial integration with the global banking system.
Q: Why is this trend relevant for users or analysts?
A: This metric is used by economists and policymakers to assess Iran's exposure and vulnerability to external financial shocks due to its linkages with the global economy.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Bank for International Settlements (BIS) based on submissions from participating national central banks.
Q: How is this trend used in economic policy?
A: This trend is relevant for understanding Iran's financial globalization and the potential risks or spillovers it faces from the global economy, which can inform policy decisions.
Q: Are there update delays or limitations?
A: There may be lags in reporting and data availability from the BIS, and the metric only covers claims by BIS-reporting banks, which excludes some smaller lenders.
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Citation
U.S. Federal Reserve, Consolidated Foreign Claims of BIS-Reporting Banks to GDP for Islamic Republic of Iran (DDOI12IRA156NWDB), retrieved from FRED.