The BIS Quarterly Review examines developments in international banking and financial markets. In March, September and December, it comprises a review of market developments over the past quarter, and articles that analyse topical economic and financial issues. The June edition will be published only when circumstances warrant. The June edition does not cover market developments given its proximity to the BIS Annual Economic Report.
The views expressed in the Quarterly Reviews do not necessarily reflect the views of the BIS member central banks.
| e | estimated |
| lhs, rhs | left-hand side, right-hand side |
| billion | thousand million |
| ... | not available |
| . | not applicable |
| - | nil or negligible |
| $ | US dollar unless specified otherwise |
Differences in totals are due to rounding.
The term "country" as used in this publication also covers territorial entities that are not states as understood by international law and practice but for which data are separately and independently maintained.
| AED | United Arab Emirates dirham |
| ALL | Albanian lek |
| ARS | Argentine peso |
| AUD | Australian dollar |
| BHD | Bahraini dinar |
| BRL | Brazilian real |
| CAD | Canadian dollar |
| CHF | Swiss franc |
| CLP | Chilean peso |
| CNY (RMB) | Chinese yuan (renminbi) |
| COP | Colombian peso |
| CZK | Czech koruna |
| DKK | Danish krone |
| EUR | euro |
| GBP | pound sterling |
| HKD | Hong Kong dollar |
| HUF | Hungarian forint |
| IDR | Indonesian rupiah |
| ILS | Israeli new shekel |
| INR | Indian rupee |
| ISK | Icelandic króna |
| JPY | Japanese yen |
| KRW | Korean won |
| MAD | Moroccan dirham |
| MXN | Mexican peso |
| MXV | Mexican unidad de inversión (UDI) |
| MYR | Malaysian ringgit |
| NAD | Namibian dollar |
| NOK | Norwegian krone |
| NZD | New Zealand dollar |
| OTH | all other currencies |
| PEN | Peruvian sol |
| PHP | Philippine peso |
| PLN | Polish zloty |
| RON | Romanian leu |
| RUB | Russian rouble |
| SAR | Saudi riyal |
| SEK | Swedish krona |
| SGD | Singapore dollar |
| THB | Thai baht |
| TRY | Turkish lira |
| TWD | New Taiwan dollar |
| USD | US dollar |
| VES | bolívar soberano |
| VND | Vietnamese dong |
| XOF | CFA franc (BCEAO) |
| ZAR | South African rand |
| AE | United Arab Emirates |
| AF | Afghanistan |
| AL | Albania |
| AM | Armenia |
| AO | Angola |
| AR | Argentina |
| AT | Austria |
| AU | Australia |
| AZ | Azerbaijan |
| BA | Bosnia and Herzegovina |
| BB | Barbados |
| BD | Bangladesh |
| BE | Belgium |
| BF | Burkina Faso |
| BG | Bulgaria |
| BH | Bahrain |
| BI | Burundi |
| BJ | Benin |
| BM | Bermuda |
| BN | Brunei |
| BO | Bolivia |
| BR | Brazil |
| BS | The Bahamas |
| BT | Bhutan |
| BW | British West Indies |
| BY | Belarus |
| BZ | Belize |
| CA | Canada |
| CD | Democratic Republic of the Congo |
| CF | Central African Republic |
| CG | Republic of Congo |
| CH | Switzerland |
| CI | Côte d'Ivoire |
| CL | Chile |
| CM | Cameroon |
| CN | China |
| CO | Colombia |
| CR | Costa Rica |
| CV | Cabo Verde |
| CY | Cyprus |
| CZ | Czechia |
| DE | Germany |
| DJ | Djibouti |
| DK | Denmark |
| DM | Dominica |
| DO | Dominican Republic |
| DZ | Algeria |
| EA | euro area |
| EC | Ecuador |
| EE | Estonia |
| EG | Egypt |
| ER | Eritrea |
| ES | Spain |
| ET | Ethiopia |
| FI | Finland |
| FJ | Fiji |
| FO | Faeroe Islands |
| FR | France |
| GA | Gabon |
| GB | United Kingdom |
| GD | Grenada |
| GE | Georgia |
| GG | Guernsey |
| GH | Ghana |
| GI | Gibraltar |
| GN | Guinea |
| GQ | Equatorial Guinea |
| GR | Greece |
| GT | Guatemala |
| GW | Guinea-Bissau |
| GY | Guyana |
| HK | Hong Kong SAR |
| HN | Honduras |
| HR | Croatia |
| HT | Haiti |
| HU | Hungary |
| ID | Indonesia |
| IE | Ireland |
| IM | Isle of Man |
| IL | Israel |
| IN | India |
| IO | International organisations |
| IQ | Iraq |
| IR | Iran |
| IS | Iceland |
| IT | Italy |
| JE | Jersey |
| JM | Jamaica |
| JO | Jordan |
| JP | Japan |
| KE | Kenya |
| KG | Kyrgyz Republic |
| KH | Cambodia |
| KR | Korea |
| KW | Kuwait |
| KY | Cayman Islands |
| KZ | Kazakhstan |
| LA | Laos |
| LB | Lebanon |
| LC | St Lucia |
| LK | Sri Lanka |
| LR | Liberia |
| LS | Lesotho |
| LT | Lithuania |
| LU | Luxembourg |
| LU | Luxembourg |
| LV | Latvia |
| LY | Libya |
| MA | Morocco |
| MD | Moldova |
| ME | Montenegro |
| MH | Marshall Islands |
| MK | North Macedonia |
| ML | Mali |
| MM | Myanmar |
| MN | Mongolia |
| MO | Macao SAR |
| MR | Mauritania |
| MT | Malta |
| MU | Mauritius |
| MV | Maldives |
| MW | Malawi |
| MX | Mexico |
| MY | Malaysia |
| MZ | Mozambique |
| NA | Namibia |
| NC | New Caledonia |
| NG | Nigeria |
| NL | Netherlands |
| NO | Norway |
| NR | Nauru |
| NZ | New Zealand |
| OM | Oman |
| PA | Panama |
| PE | Peru |
| PG | Papua New Guinea |
| PH | Philippines |
| PK | Pakistan |
| PL | Poland |
| PT | Portugal |
| PY | Paraguay |
| QA | Qatar |
| RO | Romania |
| RS | Serbia |
| RU | Russia |
| RW | Rwanda |
| SA | Saudi Arabia |
| SC | Seychelles |
| SD | Sudan |
| SE | Sweden |
| SG | Singapore |
| SI | Slovenia |
| SK | Slovakia |
| SR | Suriname |
| SS | South Sudan |
| ST | São Tomé and Príncipe |
| SV | El Salvador |
| SZ | Eswatini |
| TD | Chad |
| TG | Togo |
| TH | Thailand |
| TJ | Tajikistan |
| TL | East Timor |
| TM | Turkmenistan |
| TO | Tonga |
| TR | Türkiye |
| TT | Trinidad and Tobago |
| TW | Chinese Taipei |
| TZ | Tanzania |
| UA | Ukraine |
| US | United States |
| UY | Uruguay |
| UZ | Uzbekistan |
| VC | St Vincent and the Grenadines |
| VE | Venezuela |
| VG | British Virgin Islands |
| VN | Vietnam |
| ZA | South Africa |
| ZM | Zambia |
| 1Z | British West Indies |