Percentage of Foreign Banks Among Total Banks for Namibia
DDOI13NAA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
43.00
Year-over-Year Change
-14.00%
Date Range
1/1/1995 - 1/1/2013
Summary
This economic trend measures the percentage of foreign banks among the total banks operating in Namibia. It provides insights into the level of foreign participation in the Namibian 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 Namibia is an important indicator of the openness and competitiveness of the country's banking industry. It reflects the degree of foreign investment and involvement in the domestic financial system.
Methodology
The data is collected and calculated by the World Bank as part of its annual survey of financial sector indicators.
Historical Context
Policymakers and analysts use this trend to assess the integration of Namibia's banking sector with global financial markets.
Key Facts
- Namibia has a relatively open and competitive banking sector.
- Foreign banks hold a significant share of the domestic banking market.
- 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-owned banks among the total number of banks operating in Namibia.
Q: Why is this trend relevant for users or analysts?
A: The percentage of foreign banks is an important indicator of the openness and competitiveness of Namibia's banking sector, which is relevant for investors, policymakers, and economists.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank as part of its annual survey of financial sector indicators.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the integration of Namibia's banking sector with global financial markets and the degree of foreign investment in the domestic financial system.
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 information being available.
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Citation
U.S. Federal Reserve, Percentage of Foreign Banks Among Total Banks for Namibia (DDOI13NAA156NWDB), retrieved from FRED.