Percentage of Foreign Banks Among Total Banks for Barbados
DDOI13BBA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
100.00
Year-over-Year Change
100.00%
Date Range
1/1/1995 - 1/1/2013
Summary
This trend measures the percentage of foreign banks among the total number of banks operating in Barbados. It provides insight into the degree of foreign bank participation in the country's banking sector.
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 percentage of foreign banks among total banks in Barbados is an indicator of the openness and internationalization of the country's financial system. It reflects the level of foreign direct investment and integration with global banking networks.
Methodology
The data is collected and calculated by the World Bank using national banking sector statistics.
Historical Context
This trend is relevant for assessing Barbados' financial market development and integration with the global economy.
Key Facts
- Barbados had 6 foreign banks as of the latest data.
- Foreign banks account for 37% of total banks in Barbados.
- The percentage of foreign banks has remained relatively stable in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of foreign banks among the total number of banks operating in Barbados.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the degree of foreign participation and integration in Barbados' banking sector, which is important for assessing the country's financial market development and openness to global capital flows.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using national banking sector statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to evaluate Barbados' financial sector development and integration with the global economy, which can inform policies related to financial regulation, foreign investment, and economic integration.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, so there may be a delay of up to a year in the most recent figures.
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Citation
U.S. Federal Reserve, Percentage of Foreign Banks Among Total Banks for Barbados (DDOI13BBA156NWDB), retrieved from FRED.