Use of Financial Services, Liabilities: Outstanding Deposits by Small and Medium Enterprises at Other Deposit Takers for Argentina
ARGFCLODDSXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
466,232,700.00
Year-over-Year Change
12842.64%
Date Range
1/1/2004 - 1/1/2017
Summary
This economic trend measures the outstanding deposits held by small and medium enterprises (SMEs) at financial institutions in Argentina. It provides insights into the financing and liquidity conditions of the country's SME sector.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Use of Financial Services, Liabilities: Outstanding Deposits by Small and Medium Enterprises at Other Deposit Takers for Argentina data series tracks the total deposits held by SMEs at banks and other deposit-taking institutions in the country. This metric is an important indicator of SME access to and usage of the financial system.
Methodology
The data is collected by the Central Bank of Argentina through surveys of financial institutions.
Historical Context
Policymakers and analysts use this trend to assess the financing environment for SMEs, which are crucial drivers of economic growth and employment.
Key Facts
- Argentina has over 600,000 SMEs, accounting for 99% of all businesses.
- SMEs contribute over 50% of Argentina's GDP and 70% of employment.
- Access to financing is a major challenge for many Argentine SMEs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total outstanding deposits held by small and medium enterprises (SMEs) at banks and other deposit-taking institutions in Argentina.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the financing and liquidity conditions of the crucial SME sector in Argentina, which is a key driver of economic growth and employment.
Q: How is this data collected or calculated?
A: The data is collected by the Central Bank of Argentina through surveys of financial institutions.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the financing environment for SMEs and inform policies to support small business development and financial inclusion.
Q: Are there update delays or limitations?
A: The data may be subject to delays in reporting and collection by the Central Bank of Argentina.
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Citation
U.S. Federal Reserve, Use of Financial Services, Liabilities: Outstanding Deposits by Small and Medium Enterprises at Other Deposit Takers for Argentina (ARGFCLODDSXDC), retrieved from FRED.