Percentage of Foreign Banks Among Total Banks for Luxembourg
DDOI13LUA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
95.00
Year-over-Year Change
-1.04%
Date Range
1/1/1995 - 1/1/2013
Summary
This trend measures the percentage of foreign banks among total banks in Luxembourg. It provides insights into the openness and internationalization of Luxembourg'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 Luxembourg is an indicator of the country's role as an international financial center. It reflects the extent to which Luxembourg's banking industry is dominated by foreign financial institutions.
Methodology
The data is collected and calculated by the World Bank.
Historical Context
This trend is relevant for analyzing the competitiveness and regulatory environment of Luxembourg's banking market.
Key Facts
- Luxembourg has a high percentage of foreign banks compared to other countries.
- The percentage of foreign banks has remained relatively stable over the past decade.
- Luxembourg's banking sector is a key driver of its economic growth and development.
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 Luxembourg.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the openness and internationalization of Luxembourg's banking sector, which is a key aspect of its role as a global financial center.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank.
Q: How is this trend used in economic policy?
A: This trend is relevant for analyzing the competitiveness and regulatory environment of Luxembourg's banking market, which is important for policymakers and market participants.
Q: Are there update delays or limitations?
A: The data is updated periodically by the World Bank, but there may be some delays in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, Percentage of Foreign Banks Among Total Banks for Luxembourg (DDOI13LUA156NWDB), retrieved from FRED.