Foreign banks among total banks (%) in El Salvador
El Salvador: Foreign banks among total banks (%) was 91.0% in 2013. ▲ Rising
Foreign banks among total banks in El Salvador, 1995–2013
Source: Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10. Measured in %.
Analysis
The most recent figure for foreign banks among total banks in El Salvador is 91.0%, measured in 2013. That is the highest value across all 19 years on record.
Compared with earlier readings it is up 56.9% over ten years.
Over the whole period, foreign banks among total banks in El Salvador peaked at 91.0% in 2009 and was at its lowest, 18.0%, in 1995.
El Salvador ranks 6th of 137 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 19 years of available data.
Foreign banks among total banks (%) in El Salvador, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 18.0% | — |
| 1996 | 25.0% | +38.9% |
| 1997 | 46.0% | +84.0% |
| 1998 | 46.0% | +0.0% |
| 1999 | 46.0% | +0.0% |
| 2000 | 54.0% | +17.4% |
| 2001 | 58.0% | +7.4% |
| 2002 | 58.0% | +0.0% |
| 2003 | 58.0% | +0.0% |
| 2004 | 58.0% | +0.0% |
| 2005 | 64.0% | +10.3% |
| 2006 | 82.0% | +28.1% |
| 2007 | 90.0% | +9.8% |
| 2008 | 90.0% | +0.0% |
| 2009 | 91.0% | +1.1% |
| 2010 | 90.0% | -1.1% |
| 2011 | 91.0% | +1.1% |
| 2012 | 91.0% | +0.0% |
| 2013 | 91.0% | +0.0% |
El Salvador compared with similar countries
- El Salvador's 91.0% is above the median for upper middle income countries, which is 41.0%, 2.2× the median. (40 countries reporting)
- El Salvador's 91.0% is above the median for Latin America & Caribbean, which is 41.5%, 2.2× the median. (24 countries reporting)
Biggest year-on-year movements
Years where Foreign banks among total banks (%) in El Salvador 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 |
|---|---|---|---|
| 1997 | +84.0% | 25.0% | 46.0% |
| 1996 | +38.9% | 18.0% | 25.0% |
| 2006 | +28.1% | 64.0% | 82.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 36.2% | 18.0% | 46.0% | 5 |
| 2000s | 70.3% | 54.0% | 91.0% | 10 |
| 2010s | 90.8% | 90.0% | 91.0% | 4 |
Countries ranked near El Salvador
- 4 Luxembourg 95.0% compare
- 5 Zambia 94.0% compare
- 7 Benin 89.0% compare
- 8 Montenegro 88.0% compare
- 9 Albania 85.0% compare
- 9 Ireland 85.0% compare
- 9 Mozambique 85.0% compare
More financial sector data for El Salvador
- Reserve position in the IMF, US dollar, annual growth rate -100 % change on previous year (1980)
- Reserve position in the IMF, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate -100 % change on previous year (1980)
- Reserve position in the IMF, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate -100 % change on previous year (1980)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0 units per person (2025)
- Reserve tranche position, SDR, annual growth rate -100 % change on previous year (1980)
Frequently asked questions
- What is foreign banks among total banks in El Salvador?
- Foreign banks among total banks in El Salvador was 91.0% in 2013, according to Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10.
- What is the highest foreign banks among total banks recorded in El Salvador?
- The highest recorded value was 91.0% in 2009.
- What is the lowest foreign banks among total banks recorded in El Salvador?
- The lowest recorded value was 18.0% in 1995.
- How does El Salvador rank for foreign banks among total banks?
- El Salvador ranks 6th out of 137 countries with data for 2013.
- Is foreign banks among total banks rising or falling in El Salvador?
- Over the last ten years it is up 56.9%. The long-run trend across the full record is rising.
- Where does this El Salvador data come from?
- The figures come from Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10, published as part of Foreign banks among total banks (%). Statizoid updates them automatically from the source API.
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About this data
Percentage of the number of foreign owned banks to the number of the total banks in an Economy. A foreign bank is a bank where 50 percent or more of its shares are owned by foreigners.