Use of Financial Services: Key Indicators, Household Borrowers from Commercial Banks Per 1000 Adults for Argentina
ARGFCRODCHANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
355.32
Year-over-Year Change
14.74%
Date Range
1/1/2004 - 1/1/2023
Summary
This economic trend tracks the number of household borrowers from commercial banks per 1,000 adults in Argentina, providing insights into financial service usage and household debt levels.
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: Key Indicators, Household Borrowers from Commercial Banks Per 1000 Adults for Argentina' series measures the access and utilization of banking services by Argentine households. This metric is useful for analyzing trends in household credit, financial inclusion, and the overall health of the Argentine banking system.
Methodology
The data is collected through surveys and reports from the Central Bank of Argentina.
Historical Context
Policymakers and economists monitor this trend to assess the effectiveness of financial regulations and programs aimed at increasing banking access and affordability.
Key Facts
- Argentina has seen a steady increase in household borrowers from commercial banks since 2015.
- The number of borrowers per 1,000 adults is a key indicator of financial access and household debt levels.
- Monitoring this trend helps policymakers evaluate the impact of financial inclusion initiatives.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of household borrowers from commercial banks per 1,000 adults in Argentina, providing insights into financial service usage and household debt levels.
Q: Why is this trend relevant for users or analysts?
A: This metric is useful for analyzing trends in household credit, financial inclusion, and the overall health of the Argentine banking system, which is important for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through surveys and reports from the Central Bank of Argentina.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to assess the effectiveness of financial regulations and programs aimed at increasing banking access and affordability.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedules and methodologies of the Central Bank of Argentina, which may result in periodic update delays or limitations.
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Citation
U.S. Federal Reserve, Use of Financial Services: Key Indicators, Household Borrowers from Commercial Banks Per 1000 Adults for Argentina (ARGFCRODCHANUM), retrieved from FRED.