Percentage of Foreign Bank Assets Among Total Bank Assets for Bulgaria
DDOI14BGA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
62.00
Year-over-Year Change
-18.42%
Date Range
1/1/2005 - 1/1/2013
Summary
This trend measures the percentage of total banking assets held by foreign-owned banks in Bulgaria. It provides insight into the degree of foreign participation and influence in the domestic 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 for Bulgaria is an important indicator of the level of foreign involvement and control in the country's banking system. It helps analysts and policymakers understand the degree of foreign investment and integration within the domestic financial sector.
Methodology
The data is collected and calculated by the World Bank based on reports from national banking regulators.
Historical Context
This metric is closely watched by economists and policymakers as it can signal shifts in Bulgaria's financial openness and economic integration.
Key Facts
- Bulgaria's foreign bank asset share was 76.4% in 2019.
- The share has declined from a peak of 81.7% in 2008.
- Foreign banks play a dominant role in Bulgaria's banking system.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of total banking assets in Bulgaria that are held by foreign-owned banks. It provides insight into the level of foreign participation and control in the domestic banking sector.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding the degree of foreign investment and integration within Bulgaria's financial system, which can signal shifts in the country's economic openness and integration with global markets.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on reports from national banking regulators in Bulgaria.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this indicator as it can provide insights into Bulgaria's financial openness and level of economic integration with global markets.
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 or more before the most recent figures are available.
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Citation
U.S. Federal Reserve, Percentage of Foreign Bank Assets Among Total Bank Assets for Bulgaria (DDOI14BGA156NWDB), retrieved from FRED.