Percentage of Foreign Bank Assets Among Total Bank Assets for Luxembourg
DDOI14LUA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
92.00
Year-over-Year Change
-7.07%
Date Range
1/1/2005 - 1/1/2013
Summary
This economic indicator measures the percentage of total bank assets held by foreign-owned banks in Luxembourg. It provides insights into the degree of foreign participation and openness within 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 bank assets among total bank assets in Luxembourg is an important metric that reflects the level of foreign investment and integration within the country's financial system. It is closely monitored by policymakers and analysts to assess the health and competitiveness of the banking industry.
Methodology
This data is collected and calculated by the World Bank based on reports from financial institutions in Luxembourg.
Historical Context
Tracking this trend helps economists and policymakers understand the broader dynamics of Luxembourg's banking and financial markets.
Key Facts
- Luxembourg has one of the highest percentages of foreign bank assets globally.
- The banking sector accounts for over 20% of Luxembourg's GDP.
- Foreign banks hold over 90% of total bank assets in Luxembourg.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the percentage of total bank assets held by foreign-owned banks in Luxembourg. It provides insights into the level of foreign participation and integration within the country's banking sector.
Q: Why is this trend relevant for users or analysts?
A: Tracking the percentage of foreign bank assets is crucial for understanding the competitiveness, openness, and health of Luxembourg's banking industry, which is a key driver of the country's economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on reports from financial institutions in Luxembourg.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the degree of foreign investment and integration within Luxembourg's banking sector, which informs decisions around financial regulations and market stability.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank with some delay, so it may not reflect the most recent changes in the banking sector.
Related Trends
Bank's Return on Assets for Luxembourg
DDEI05LUA156NWDB
Infra-Annual Labor Statistics: Employment Rate Female: From 15 to 24 Years for Luxembourg
LREM24FELUA156N
Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: 15 Years or over for Luxembourg
LRHUTTFELUA156N
Consumer Price Index: Harmonized Prices: Clothing and Footwear (COICOP 03): Total for Luxembourg
LUXCPHP0300GPM
Central government debt, total (% of GDP) for Luxembourg
DEBTTLLUA188A
Harmonized Index of Consumer Prices: Materials for the Maintenance and Repair of the Dwelling for Luxembourg
CP0431LUM086NEST
Citation
U.S. Federal Reserve, Percentage of Foreign Bank Assets Among Total Bank Assets for Luxembourg (DDOI14LUA156NWDB), retrieved from FRED.