This week we’re highlighting added tourism data, South African Real Estate data, and banking and credit data in a variety of forms. We’ll also take a closer look at the TIC SLT Report from the U.S. Department of Treasury. As always, you can view an alphabetical list (by country) of selected additions made over the last two weeks below the text and charts that follow.
New data has been added for Morocco, Spain, and Turkey. For Morocco you can view the statistics on visitor arrivals by regional grouping as well as the totals, starting from January 2000. Data for Spain covers guest arrivals and occupancy, as well as overnight- and average stays. Turkey’s tourism data spans across various categories, including expenses, income, arrivals and departures. Follow the links above to view the data in the application.
In the recent months you may have noticed an increase in real estate data being added. Additions were made for Denmark, Ireland, Spain, Switzerland, Uganda, and France, amongst others. We have now expanded that list with house price index data for South Africa. Click on the chart below to open it in the application.
Banking & Credit
If we take a broader view of the category to include foreign finances data, the TIC SLT report should also be mentioned. Given the U.S. Treasury’s commitment to more regular reporting on foreign-held U.S. securities following the financial crisis, we’ll expand a bit on the relevance of the report, and the need for these changes in a separate paragraph below.
But first, charts demonstrating the data additions for the Czech Republic and Greece.
TIC SLT Report
The Treasury International Capital (TIC) SLT report provides information on cross border financial flows and positions. This data is essential to understanding the sustainability of the US current account deficit.
During the financial crisis, it became clear that vulnerabilities could not be accurately identified or understood early enough, due to limitations in the data. At that time securities positions were only surveyed annually. Instead, timelier transactions data were used to estimate cross border positions in the interim, which proved to be imperfect and sometimes misleading.
Since then, improvements in measuring cross border securities positions and flows have been implemented. The resulting data is presented in the TIC SLT report, available for analysis, here, in the application.