Consolidated foreign claims of BIS reporting banks to GDP (%) in Micronesia (country)
Micronesia (country): Consolidated foreign claims of BIS reporting banks to GDP (%) was 27.8% in 2020. ◆ Volatile
Consolidated foreign claims of BIS reporting banks to GDP in Micronesia (country), 2006–2020
Source: Consolidated banking statistics, Bank for International Settlements (BIS). Measured in %.
Analysis
In 2020, consolidated foreign claims of bis reporting banks to gdp in Micronesia (country) stood at 27.8%.
Compared with earlier readings it is up 67.6% on the previous year and up 4,024.7% over ten years.
Over the whole period, consolidated foreign claims of bis reporting banks to gdp in Micronesia (country) peaked at 47.9% in 2011 and was at its lowest, 0.4%, in 2007.
That places Micronesia (country) 74th out of 182 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Consolidated foreign claims of BIS reporting banks to GDP (%) in Micronesia (country), year by year
| Year | % | Change |
|---|---|---|
| 2006 | 0.4% | — |
| 2007 | 0.4% | -1.3% |
| 2008 | 1.9% | +387.9% |
| 2010 | 0.7% | -64.6% |
| 2011 | 47.9% | +7006.4% |
| 2012 | 1.2% | -97.4% |
| 2013 | 0.7% | -46.4% |
| 2014 | 27.5% | +4028.0% |
| 2015 | 2.7% | -90.2% |
| 2016 | 3.1% | +13.9% |
| 2017 | 3.0% | -0.4% |
| 2018 | 6.8% | +124.5% |
| 2019 | 16.6% | +142.8% |
| 2020 | 27.8% | +67.6% |
Micronesia (country) compared with similar countries
- Micronesia (country)'s 27.8% is above the median for upper middle income countries, which is 17.1%, 1.6× the median. (54 countries reporting)
- Micronesia (country)'s 27.8% is above the median for East Asia & Pacific, which is 27.1%, 1.0× the median. (29 countries reporting)
Biggest year-on-year movements
Years where Consolidated foreign claims of BIS reporting banks to GDP (%) in Micronesia (country) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2011 | +7006.4% | 0.7% | 47.9% |
| 2014 | +4028.0% | 0.7% | 27.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.9% | 0.4% | 1.9% | 3 |
| 2010s | 11.0% | 0.7% | 47.9% | 10 |
| 2020s | 27.8% | 27.8% | 27.8% | 1 |
Countries ranked near Micronesia (country)
More financial sector data for Micronesia (country)
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0014 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 6.33 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.001 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 4.62 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0014 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 6.33 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is consolidated foreign claims of bis reporting banks to gdp in Micronesia (country)?
- Consolidated foreign claims of bis reporting banks to gdp in Micronesia (country) was 27.8% in 2020, according to Consolidated banking statistics, Bank for International Settlements (BIS).
- What is the highest consolidated foreign claims of bis reporting banks to gdp recorded in Micronesia (country)?
- The highest recorded value was 47.9% in 2011.
- What is the lowest consolidated foreign claims of bis reporting banks to gdp recorded in Micronesia (country)?
- The lowest recorded value was 0.4% in 2007.
- How does Micronesia (country) rank for consolidated foreign claims of bis reporting banks to gdp?
- Micronesia (country) ranks 74th out of 182 countries with data for 2020.
- Is consolidated foreign claims of bis reporting banks to gdp rising or falling in Micronesia (country)?
- Over the last ten years it is up 4,024.7%. The long-run trend across the full record is volatile.
- Where does this Micronesia (country) data come from?
- The figures come from Consolidated banking statistics, Bank for International Settlements (BIS), published as part of Consolidated foreign claims of BIS reporting banks to GDP (%). Statizoid updates them automatically from the source API.
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About this data
The ratio of consolidated foreign claims to GDP of the banks that are reporting to BIS. Foreign claims are defined as the sum of cross-border claims plus foreign offices’ local claims in all currencies. In the consolidated banking statistics claims that are granted or extended to nonresidents are referred to as either cross-border claims. In the context of the consolidated banking statistics, local claims refer to claims of domestic banks’ foreign affiliates (branches/subsidiaries) on the residents of the host country (i.e. country of residence of affiliates). Items (A+L from BIS Table 9A). End-of-year data (i.e. December data) are considered for banks claims. GDP is from World Development Indicators.