Suriname

Below Parameters are common for all combinations : Frequency - Quarterly Measure -Amounts Outstanding / Stocks CBS Bank Type - Domestic Banks CBS Reporting Basis - Immediate Counterparty Basis Balance Sheet Position - Total Claims Type of Instruments - All Instruments Remaining Maturity - All Maturities Currency Type of Booking Location - All Currencies Counterparty Sector - All Sectors Data cited at : https://www.bis.org/statistics/index.htm

Citation: Damodaran, Aswath, Equity Risk Premiums (ERP): Determinants, Estimation and Implications – The 2016 Edition (March 5, 2016). Available at SSRN: https://ssrn.com/abstract=2742186 or http://dx.doi.org/10.2139/ssrn.2742186   This dataset summarizes the latest bond ratings and appropriate default spreads for different countries. While you can use these numbers as rough estimates of country risk premiums, you may want to modify the premia to reflect the additional risk of equity markets. To estimate the long term country equity risk premium, I start with a default spread, which I obtain in one of two ways: (1) I use the local currency sovereign rating (from Moody's: www.moodys.com) and estimate the default spread for that rating (based upon traded country bonds) over a default free government bond rate. For countries without a Moody's rating but with an S&P rating, I use the Moody's equivalent of the S&P rating. To get the default spreads by sovereign rating, I use the CDS spreads and compute the average CDS spread by rating. Using that number as a basis, I extrapolate for those ratings for which I have no CDS spreads. (2) I start with the CDS spread for the country, if one is available and subtract out the US CDS spread, since my mature market premium is derived from the US market. That difference becomes the country spread. For the few countries that have CDS spreads that are lower than the US, I will get a negative number. You can add just this default spread to the mature market premium to arrive at the total equity risk premium. I add an additional step. In the short term especially, the equity country risk premium is likely to be greater than the country's default spread. You can estimate an adjusted country risk premium by multiplying the default spread by the relative equity market volatility for that market (Std dev in country equity market/Std dev in country bond). I have used the emerging market average of 1.12 (estimated by comparing a emerging market equity index to an emerging market government/public bond index) to estimate country risk premium.I have added this to my estimated risk premium of 5.08% for mature markets (obtained by looking at the implied premium for the S&P 500) to get the total risk premium. Notes:  The year of publication has been considered as per publication date. For example, data published on 2018-Jan considered as 2018, similarly 2019-Jan as 2019    

This variable consists of the sum of all items of the assets side or the sum of all items of the liabilities side. This indicator gives an idea of the economic importance of credit institutions.

Structural business statistics (SBS) describes the structure, conduct and performance of economic activities, down to the most detailed activity level (several hundred economic sectors). SBS are transmitted annually by the EU Member States on the basis of a legal obligation from 1995 onwards.   SBS covers all activities of the business economy with the exception of agricultural activities and personal services and the data are provided by all EU Member States, Norway and Switzerland, some candidate and potential candidate countries. The data are collected by domain of activity (annex) : Annex I - Services, Annex II - Industry, Annex III - Trade and Annex IV- Constructions and by datasets. Each annex contains several datasets as indicated in the SBS Regulation. The majority of the data is collected by National Statistical Institutes (NSIs) by means of statistical surveys, business registers or from various administrative sources. Regulatory or controlling national offices for financial institutions or central banks often provide the information required for the financial sector (NACE Rev 2 Section K / NACE Rev 1.1 Section J). Member States apply various statistical methods, according to the data source, such as grossing up, model based estimation or different forms of imputation, to ensure the quality of SBSs produced. Main characteristics (variables) of the SBS data category: Business Demographic variables (e.g. Number of enterprises)"Output related" variables (e.g. Turnover, Value added)"Input related" variables: labour input (e.g. Employment, Hours worked); goods and services input (e.g. Total of purchases); capital input (e.g. Material investments) All SBS characteristics are published on Eurostat’s website by tables and an example of the existent tables is presented below: Annual enterprise statistics: Characteristics collected are published by country and detailed on NACE Rev 2 and NACE Rev 1.1 class level (4-digits). Some classes or groups in 'services' section have been aggregated.Annual enterprise statistics broken down by size classes: Characteristics are published by country and detailed down to NACE Rev 2 and NACE Rev 1.1 group level (3-digits) and employment size class. For trade (NACE Rev 2 and NACE Rev 1.1 Section G) a supplementary breakdown by turnover size class is available.Annual regional statistics: Four characteristics are published by NUTS-2 country region and detailed on NACE Rev 2 and NACE Rev 1.1 division level (2-digits) (but to group level (3-digits) for the trade section). More information on the contents of different tables: the detail level and breakdowns required starting with the reference year 2008 is defined in Commission Regulation N° 251/2009. For previous reference years it is included in Commission Regulations (EC) N° 2701/98 and amended by Commission Regulation N°1614/2002 and Commission Regulation N°1669/2003. Several important derived indicators are generated in the form of ratios of certain monetary characteristics or per head values. A list with the available derived indicators is available below in the Annex.

All income received by credit institutions from assets such as loans and advances, treasury bills, fixed income securities. It also includes fees and commissions similar in nature to interest and calculated on a time basis or by reference to the amount of the claim or liability.

A count of the number of all credit institutions active during at least a part of the reference period. Credit institutions are undertakings whose business it is to receive deposits or other repayable funds from the public and to grant credit for their own account.

The number of persons employed is the total number of persons who work in the observation unit as well as persons who work outside the unit who belong to it and are paid by it (e.g. sales representatives, delivery personnel, repair and maintenance teams). Yet the number of persons employed excludes manpower supplied to the unit by other companies.

Data cited at : https://www.bis.org/statistics/index.htm

A yield curve, also known as term structure of interest rates, represents the relationship between market remuneration (interest) rates and the remaining time to maturity of debt securities. The information content of a yield curve reflects the asset pricing process on financial markets. When buying and selling bonds, investors include their expectations of  future inflation, real interest rates and their assessment of risks. An investor calculates the price of a bond by discounting the expected future cash flows (coupon payments and/or redemption). ECB estimates zero-coupon yield curves for the euro area and also derives forward and par yield curves. A zero coupon bond is a bond that pays no cupon and is sold at a discount from its face value. The zero coupon curve represents the yield to maturity of hypothetical zero coupon bonds, since they are not directly observable in the market for a wide range of maturities. They must therfore be estimatedfrom existing zero coupon bonds and fixed coupon bond prices or yields.  The forward curve shows the short-term (instantaneous) interest rate for future periods implied in the yield curve. The par yield reflects hypothetical yields, namely the interest rates the bonds would have yielded had they been priced at par (i.e. at 100).

 A yield curve, also known as term structure of interest rates, represents the relationship between market remuneration (interest) rates and the remaining time to maturity of debt securities. The information content of a yield curve reflects the asset pricing process on financial markets. When buying and selling bonds, investors include their expectations of  future inflation, real interest rates and their assessment of risks. An investor calculates the price of a bond by discounting the expected future cash flows (coupon payments and/or redemption). The European Central Bank estimates zero-coupon yield curves for the euro area and also derives forward and par yield curves. A zero coupon bond is a bond that pays no coupon and is sold at a discount from its face value. The zero coupon curve represents the yield to maturity of hypothetical zero coupon bonds, since they are not directly observable in the market for a wide range of maturities. They must therfore be estimated from existing zero coupon bonds and fixed coupon bond prices or yields.  The forward curve shows the short-term (instantaneous) interest rate for future periods implied in the yield curve. The par yield reflects hypothetical yields, namely the interest rates the bonds would have yielded had they been priced at par (i.e. at 100). An outlier removal mechanism is applied to bonds that have passed the selection criteria described in 11.1. Bonds are removed if their yields deviate by more than twice the standard deviation from the average yield in the same maturity bracket. Afterwards, the same procedure is repeated. 

Structural business statistics (SBS) describes the structure, conduct and performance of economic activities, down to the most detailed activity level (several hundred economic sectors). SBS are transmitted annually by the EU Member States on the basis of a legal obligation from 1995 onwards.   SBS covers all activities of the business economy with the exception of agricultural activities and personal services and the data are provided by all EU Member States, Norway and Switzerland, some candidate and potential candidate countries. The data are collected by domain of activity (annex) : Annex I - Services, Annex II - Industry, Annex III - Trade and Annex IV- Constructions and by datasets. Each annex contains several datasets as indicated in the SBS Regulation. The majority of the data is collected by National Statistical Institutes (NSIs) by means of statistical surveys, business registers or from various administrative sources. Regulatory or controlling national offices for financial institutions or central banks often provide the information required for the financial sector (NACE Rev 2 Section K / NACE Rev 1.1 Section J). Member States apply various statistical methods, according to the data source, such as grossing up, model based estimation or different forms of imputation, to ensure the quality of SBSs produced. Main characteristics (variables) of the SBS data category: Business Demographic variables (e.g. Number of enterprises)"Output related" variables (e.g. Turnover, Value added)"Input related" variables: labour input (e.g. Employment, Hours worked); goods and services input (e.g. Total of purchases); capital input (e.g. Material investments) All SBS characteristics are published on Eurostat’s website by tables and an example of the existent tables is presented below: Annual enterprise statistics: Characteristics collected are published by country and detailed on NACE Rev 2 and NACE Rev 1.1 class level (4-digits). Some classes or groups in 'services' section have been aggregated.Annual enterprise statistics broken down by size classes: Characteristics are published by country and detailed down to NACE Rev 2 and NACE Rev 1.1 group level (3-digits) and employment size class. For trade (NACE Rev 2 and NACE Rev 1.1 Section G) a supplementary breakdown by turnover size class is available.Annual regional statistics: Four characteristics are published by NUTS-2 country region and detailed on NACE Rev 2 and NACE Rev 1.1 division level (2-digits) (but to group level (3-digits) for the trade section). More information on the contents of different tables: the detail level and breakdowns required starting with the reference year 2008 is defined in Commission Regulation N° 251/2009. For previous reference years it is included in Commission Regulations (EC) N° 2701/98 and amended by Commission Regulation N°1614/2002 and Commission Regulation N°1669/2003. Several important derived indicators are generated in the form of ratios of certain monetary characteristics or per head values. A list with the available derived indicators is available below in the Annex.

Structural business statistics (SBS) describes the structure, conduct and performance of economic activities, down to the most detailed activity level (several hundred economic sectors). SBS are transmitted annually by the EU Member States on the basis of a legal obligation from 1995 onwards.   SBS covers all activities of the business economy with the exception of agricultural activities and personal services and the data are provided by all EU Member States, Norway and Switzerland, some candidate and potential candidate countries. The data are collected by domain of activity (annex) : Annex I - Services, Annex II - Industry, Annex III - Trade and Annex IV- Constructions and by datasets. Each annex contains several datasets as indicated in the SBS Regulation. The majority of the data is collected by National Statistical Institutes (NSIs) by means of statistical surveys, business registers or from various administrative sources. Regulatory or controlling national offices for financial institutions or central banks often provide the information required for the financial sector (NACE Rev 2 Section K / NACE Rev 1.1 Section J). Member States apply various statistical methods, according to the data source, such as grossing up, model based estimation or different forms of imputation, to ensure the quality of SBSs produced. Main characteristics (variables) of the SBS data category: Business Demographic variables (e.g. Number of enterprises)"Output related" variables (e.g. Turnover, Value added)"Input related" variables: labour input (e.g. Employment, Hours worked); goods and services input (e.g. Total of purchases); capital input (e.g. Material investments) All SBS characteristics are published on Eurostat’s website by tables and an example of the existent tables is presented below: Annual enterprise statistics: Characteristics collected are published by country and detailed on NACE Rev 2 and NACE Rev 1.1 class level (4-digits). Some classes or groups in 'services' section have been aggregated.Annual enterprise statistics broken down by size classes: Characteristics are published by country and detailed down to NACE Rev 2 and NACE Rev 1.1 group level (3-digits) and employment size class. For trade (NACE Rev 2 and NACE Rev 1.1 Section G) a supplementary breakdown by turnover size class is available.Annual regional statistics: Four characteristics are published by NUTS-2 country region and detailed on NACE Rev 2 and NACE Rev 1.1 division level (2-digits) (but to group level (3-digits) for the trade section). More information on the contents of different tables: the detail level and breakdowns required starting with the reference year 2008 is defined in Commission Regulation N° 251/2009. For previous reference years it is included in Commission Regulations (EC) N° 2701/98 and amended by Commission Regulation N°1614/2002 and Commission Regulation N°1669/2003. Several important derived indicators are generated in the form of ratios of certain monetary characteristics or per head values. A list with the available derived indicators is available below in the Annex.

Data cited at : https://www.bis.org/statistics/index.htm

The Monetary and Financial Statistics (MFS) database contains the aggregated surveys covering: i) Central Bank ii) Depository Corporations and iii) Other Financial Corporations. The key macroeconomic aggregates in this dataset include: i) Monetary base and broad money; ii) Credit aggregates (including credit to the private sector); and iii) Foreign assets and liabilities.   Beginning in 2009, there are two presentations of Monetary Statistics in IFS. The new presentation data follows the Monetary and Financial Statistics Manual (MFSM) and the Monetary and Financial Statistics Compilation Guide (MFSCG), a companion to the MFSM that contains more detailed coverage of the classification, economic sectorization, valuation, and recording of financial assets and liabilities in an economy. The MFSCG gives prominence to the source data for monetary and financial statistics.   The majority of countries use the standardized report forms (SRFs) to report monetary data to the IMF and are presented under SRF Countries.   The old presentation is used for those countries that do not use the SRFs for reporting Monetary data and presented under Non-SRF Countries. The presentation of these countries will be changed to the new presentation when the countries implement the reporting of SRF-based data.   The Monetary and Financial Statistics Manual and Compilation Guide (Manual) updates and merges into one volume methodological and practical aspects of the compilation process for monetary and financial statistics (MFS). Aimed at compilers and users of MFS, it offers a conceptual framework for the collection, compilation, and analytical presentation of monetary data, which provide a critical input for monetary policy formulation and monitoring.   Detailed monetary statistics based on the standardized report forms reflecting the conceptual framework of the above Manual and its predecessors.

The Annual Sector Accounts (ASA) are compiled in accordance with the European System of Accounts - ESA 1995 (Council Regulation 2223/96). The transmission of the ASA data by the Member States follows the Regulation (EC) N° 1392/2007 of the European Parliament and of the Council (new ESA95 transmission programme). The ASA encompass the non-financial accounts and provide a description of the different stages of the economic process: production, generation of income, distribution of income, redistribution of income, use of income and non-financial accumulation. The ASA record the economic flows of institutional sectors in order to illustrate their economic behaviour and show relations between them. They also provide a list of balancing items that have high analytical value in their own right: value added, operating surplus and mixed income, balance of primary incomes, disposable income, saving, net lending / net borrowing. All of them but net lending / net borrowing, can be expressed in gross or net terms, i.e. with and without consumption of fixed capital that accounts for the use and obsolescence of fixed assets. In terms of institutional sectors, a broad distinction is made between the domestic economy (ESA 1995 classification code S.1) and the rest of the world (S.2). Within S.1 and S.2, in turn, more detailed subsectors are distinguished in "3.2 Classification system". Data are presented in the table "Non-financial transactions" (nasa_nf_tr). The table contains data, as far as they are available, expressed in national currency and millions of euro in current prices. The availability of back data varies according to country. A subset of national key indicators is available in the table "Key indicators" for most of the members of the European Economic Area (EEA), for the euro area and for the EU28. See also the sector accounts dedicated website for more information.

The Quarterly Sector Accounts (QSA) are compiled in accordance with the European System of Accounts - ESA 1995 (Council Regulation 2223/96). The transmission of the QSA data by the Member States follows the Regulation (EC) N° 1161/2005 of the European Parliament and of the Council (QSA regulation). The QSA encompass the non-financial accounts and provide a description of the different stages of the economic process: production, generation of income, distribution of income, redistribution of income, use of income and non-financial accumulation. The compilation of QSA is the outcome of a close collaboration by Eurostat and the ECB, in cooperation with the national statistical institutes and national central banks. The ECB and Eurostat are publishing integrated non-financial and financial accounts, including financial balance sheets, for the euro area (the euro area accounts). Eurostat is also publishing the non-financial accounts for the EU. The QSA record the economic flows of institutional sectors in order to illustrate their economic behaviour and show relations between them. They also provide a list of balancing items that have high analytical value in their own right: value added, operating surplus and mixed income, balance of primary incomes, disposable income, saving, net lending / net borrowing. All of them but net lending / net borrowing, can be expressed in gross or net terms, i.e. with and without consumption of fixed capital that accounts for the use and obsolescence of fixed assets. In terms of institutional sectors, a broad distinction is made between the domestic economy (ESA 1995 classification code S.1) and the rest of the world (S.2). Within S.1, in turn, the following institutional sectors are distinguished: - Non-financial Corporations (S.11) - Financial Corporations (S.12) - General Government (S.13) - Households and Non-profit Institutions Serving Households (S.14 + S.15). The full set of quarterly sector accounts is published for euro area / EU28 aggregates only. However, a subset of quarterly national key indicators is available at dedicated section (see "Quarterly data") as well as in the database (see table "Key indicators") for most of the 17 members of the European Economic Area (EEA) whose GDP is above 1% of the EU28 total. The other EEA members do not have to transmit the quarterly accounts of corporations and households to Eurostat. Non-financial accounts are presented in the table "Non-financial transactions" (nasq_nf_tr). The other three tables (only the Euro area) include financial accounts, other flows and balance sheets. QSA data are provided at current prices only. The key indicators (and their components) of households and non-financial corporations as published in the QSA news release are seasonally adjusted. Data are presented in millions of national currency, euro and as percentages.

Other Economic Flows: Flows that are not transactions according to ESA 95 definitions

The financial flows and stocks data are reported quarterly to the European Central Bank. Once validated the data are transmitted to Eurostat.  Financial flows consist of transactions and other flows and represent  the difference between opening balance sheet  at the beginning of the year and closing balance sheet at the end of the year.  Â

Financial flows and stocks data are often referred to collectively in the national accounts framework as 'financial accounts'. Financial flows consist of transactions and other flows, and represent the difference between the opening financial balance sheet at the start of the year and the closing balance sheet at the end of the year. The data are compiled in accordance with the European System of Accounts (ESA 2010), which came into force in September 2014, and are presented here in the following tables: 'Financial transactions', 'Other changes in volume', 'Revaluation account', and 'Financial balance sheets'.

Data cited at: The World Bank https://datacatalog.worldbank.org/ Topic: Remittance Prices Worldwide Publication: https://datacatalog.worldbank.org/dataset/remittance-prices-worldwide License: http://creativecommons.org/licenses/by/4.0/   Provides data on the cost of sending and receiving relatively small amounts of money from one country to another. Data cover 365 "country corridors" worldwide, from 48 remittance sending countries to 105 receiving countries.

Structural business statistics (SBS) describes the structure, conduct and performance of economic activities, down to the most detailed activity level (several hundred economic sectors). SBS are transmitted annually by the EU Member States on the basis of a legal obligation from 1995 onwards.   SBS covers all activities of the business economy with the exception of agricultural activities and personal services and the data are provided by all EU Member States, Norway and Switzerland, some candidate and potential candidate countries. The data are collected by domain of activity (annex) : Annex I - Services, Annex II - Industry, Annex III - Trade and Annex IV- Constructions and by datasets. Each annex contains several datasets as indicated in the SBS Regulation. The majority of the data is collected by National Statistical Institutes (NSIs) by means of statistical surveys, business registers or from various administrative sources. Regulatory or controlling national offices for financial institutions or central banks often provide the information required for the financial sector (NACE Rev 2 Section K / NACE Rev 1.1 Section J). Member States apply various statistical methods, according to the data source, such as grossing up, model based estimation or different forms of imputation, to ensure the quality of SBSs produced. Main characteristics (variables) of the SBS data category: Business Demographic variables (e.g. Number of enterprises)"Output related" variables (e.g. Turnover, Value added)"Input related" variables: labour input (e.g. Employment, Hours worked); goods and services input (e.g. Total of purchases); capital input (e.g. Material investments) All SBS characteristics are published on Eurostat’s website by tables and an example of the existent tables is presented below: Annual enterprise statistics: Characteristics collected are published by country and detailed on NACE Rev 2 and NACE Rev 1.1 class level (4-digits). Some classes or groups in 'services' section have been aggregated.Annual enterprise statistics broken down by size classes: Characteristics are published by country and detailed down to NACE Rev 2 and NACE Rev 1.1 group level (3-digits) and employment size class. For trade (NACE Rev 2 and NACE Rev 1.1 Section G) a supplementary breakdown by turnover size class is available.Annual regional statistics: Four characteristics are published by NUTS-2 country region and detailed on NACE Rev 2 and NACE Rev 1.1 division level (2-digits) (but to group level (3-digits) for the trade section). More information on the contents of different tables: the detail level and breakdowns required starting with the reference year 2008 is defined in Commission Regulation N° 251/2009. For previous reference years it is included in Commission Regulations (EC) N° 2701/98 and amended by Commission Regulation N°1614/2002 and Commission Regulation N°1669/2003. Several important derived indicators are generated in the form of ratios of certain monetary characteristics or per head values. A list with the available derived indicators is available below in the Annex.

The primary World Bank collection of development indicators, compiled from officially-recognized international sources. It presents the most current and accurate global development data available, and includes national, regional and global estimates

The World Economic Situation and Prospects 2024 is a report produced by the United Nations Department of Economic and Social Affairs (UN DESA), in partnership with the United Nations Conference on Trade and Development (UNCTAD) and the five United Nations regional commissions: Economic Commission for Africa (UNECA), Economic Commission for Europe (UNECE), Economic Commission for Latin America and the Caribbean (UNECLAC), Economic and Social Commission for Asia and the Pacific (UNESCAP) and Economic and Social Commission for Western Asia (UNESCWA). The United Nations World Tourism Organization (UNWTO) also contributed to the report.