Percentage of Foreign Bank Assets Among Total Bank Assets for Australia
DDOI14AUA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
-71.43%
Date Range
1/1/2006 - 1/1/2013
Summary
This economic trend measures the percentage of total bank assets in Australia that are held by foreign-owned banks. It provides insight into the degree of foreign participation and influence in the Australian 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 bank assets among total bank assets is an important indicator of the openness and internationalization of a country's banking system. It reflects the level of foreign investment and competitive dynamics within the financial sector.
Methodology
The data is collected and calculated by the World Bank based on national banking sector statistics.
Historical Context
This trend is closely monitored by policymakers, regulators, and market analysts to assess the health and stability of the Australian financial system.
Key Facts
- Australia has one of the most internationalized banking systems among advanced economies.
- Foreign bank assets accounted for over 40% of total bank assets in Australia as of the latest data.
- The share of foreign bank assets has fluctuated between 35-50% over the past two decades.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of total bank assets in Australia that are held by foreign-owned banks, providing insight into the degree of foreign participation in the Australian banking sector.
Q: Why is this trend relevant for users or analysts?
A: The percentage of foreign bank assets is an important indicator of the openness and internationalization of a country's financial system, which is closely monitored by policymakers, regulators, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on national banking sector statistics.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and regulators to assess the health and stability of the Australian financial system and the level of foreign investment and competitive dynamics within the banking sector.
Q: Are there update delays or limitations?
A: The data is published by the World Bank with some delay, and may not capture the most recent changes in the banking sector.
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Citation
U.S. Federal Reserve, Percentage of Foreign Bank Assets Among Total Bank Assets for Australia (DDOI14AUA156NWDB), retrieved from FRED.