Use of Financial Services: Key Indicators, Household Loan Accounts with Commercial Banks Per 1,000 Adults for Argentina
ARGFCNODCHANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
451.49
Year-over-Year Change
0.38%
Date Range
1/1/2004 - 1/1/2023
Summary
This economic trend measures the number of household loan accounts per 1,000 adults with commercial banks in Argentina. It provides insight into the level of financial inclusion and banking access within the population.
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 household loan accounts per 1,000 adults metric tracks the prevalence of personal banking and credit services across the Argentine population. It is a key indicator of financial services utilization and overall financial sector development.
Methodology
The data is collected through surveys and administrative records from commercial banks and other financial institutions in Argentina.
Historical Context
This indicator is used by policymakers and economists to assess financial inclusion and identify opportunities to expand access to banking and credit.
Key Facts
- Argentina had 522 household loan accounts per 1,000 adults in 2021.
- Financial inclusion has increased in Argentina over the past decade.
- Expanding access to banking and credit is a policy priority in Argentina.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of household loan accounts per 1,000 adults with commercial banks in Argentina. It provides insight into the level of financial inclusion and banking access within the population.
Q: Why is this trend relevant for users or analysts?
A: This indicator is a key measure of financial sector development and financial inclusion in Argentina. It is used by policymakers and economists to assess progress and identify opportunities to expand access to banking and credit services.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records from commercial banks and other financial institutions in Argentina.
Q: How is this trend used in economic policy?
A: This indicator is used by policymakers and economists to assess financial inclusion and identify opportunities to expand access to banking and credit services in Argentina.
Q: Are there update delays or limitations?
A: The data is subject to the availability of information from financial institutions and may have occasional update delays.
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Citation
U.S. Federal Reserve, Use of Financial Services: Key Indicators, Household Loan Accounts with Commercial Banks Per 1,000 Adults for Argentina (ARGFCNODCHANUM), retrieved from FRED.