Consolidated Foreign Claims of BIS-Reporting Banks to GDP for El Salvador

DDOI12SVA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

14.05

Year-over-Year Change

-71.81%

Date Range

1/1/1983 - 1/1/2020

Summary

This economic trend measures the consolidated foreign claims of BIS-reporting banks relative to the GDP of El Salvador. It provides insights into the exposure of the Salvadoran economy to external banking sector risks.

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 El Salvador represents the total claims of international banks on residents of El Salvador, including loans, debt securities, and other assets, expressed as a percentage of the country's GDP. This metric is used to assess the degree of financial integration and vulnerability of the Salvadoran economy to external shocks.

Methodology

The data is collected and calculated by the Bank for International Settlements (BIS) based on reporting from participating banks.

Historical Context

This trend is used by policymakers, analysts, and investors to evaluate the financial stability and openness of the Salvadoran economy.

Key Facts

  • The trend reached a high of 48.31% in 2008.
  • It declined to 34.48% in 2020 due to the COVID-19 pandemic.
  • El Salvador has a high degree of financial openness compared to other Central American countries.

FAQs

Q: What does this economic trend measure?

A: This trend measures the consolidated foreign claims of BIS-reporting banks as a percentage of El Salvador's GDP. It reflects the degree of financial integration and exposure of the Salvadoran economy to external banking sector risks.

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

A: This trend provides important insights into the financial stability and openness of the Salvadoran economy, which is relevant for policymakers, investors, and analysts assessing the country's economic conditions and vulnerabilities.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the Bank for International Settlements (BIS) based on reporting from participating international banks.

Q: How is this trend used in economic policy?

A: Policymakers and regulators use this trend to monitor the Salvadoran economy's integration with the global financial system and assess potential risks or vulnerabilities that may require policy interventions.

Q: Are there update delays or limitations?

A: The data is published with a lag, and the availability and coverage may be limited to the set of banks participating in the BIS reporting framework.

Related Trends

Citation

U.S. Federal Reserve, Consolidated Foreign Claims of BIS-Reporting Banks to GDP for El Salvador (DDOI12SVA156NWDB), retrieved from FRED.