Percentage of Foreign Bank Assets Among Total Bank Assets for Russian Federation
DDOI14RUA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.00
Year-over-Year Change
14.29%
Date Range
1/1/2005 - 1/1/2013
Summary
This economic trend measures the percentage of foreign bank assets among total bank assets in the Russian Federation. It provides insight into the level of foreign ownership and participation in the Russian 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 indicator of the degree of foreign ownership and participation in a country's banking system. It is used by economists and policymakers to assess the level of foreign influence and integration in the domestic financial sector.
Methodology
This data is collected and calculated by the World Bank based on surveys and reporting from national banking authorities.
Historical Context
This trend is relevant for understanding the openness and integration of the Russian financial system with global markets.
Key Facts
- Russia's foreign bank asset ratio was 13.4% in 2019.
- This ratio has declined from a high of 21.7% in 2007.
- The Russian banking sector remains heavily state-dominated.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of total bank assets in Russia that are owned by foreign banks or institutions.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the level of foreign participation and influence in the Russian banking sector, which is relevant for understanding the country's financial integration and openness to 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 authorities.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess the degree of foreign involvement in the Russian financial system and the implications for financial stability, capital flows, and economic integration.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedules and methodologies of national banking authorities, which may result in some delay in availability.
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Citation
U.S. Federal Reserve, Percentage of Foreign Bank Assets Among Total Bank Assets for Russian Federation (DDOI14RUA156NWDB), retrieved from FRED.