Use of Financial Services, Assets: Outstanding Loans to Small and Medium Enterprisesat Other Deposit Takers for Argentina
ARGFCSODDSXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9,831,455,800.00
Year-over-Year Change
27856.08%
Date Range
1/1/2004 - 1/1/2017
Summary
This economic trend measures outstanding loans to small and medium-sized enterprises (SMEs) by other deposit-taking institutions in Argentina. It provides insight into credit availability and financial inclusion for 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, Assets: Outstanding Loans to Small and Medium Enterprises at Other Deposit Takers for Argentina' metric tracks the volume of loans extended to SMEs by Argentine banks and other deposit-taking financial institutions. This data point is used by economists and policymakers to assess the level of financial access and intermediation for the country's small business segment.
Methodology
The data is collected and reported by the Central Bank of Argentina.
Historical Context
This trend is relevant for analyzing credit market conditions and the health of Argentina's SME sector, which is important for broader economic growth and development.
Key Facts
- Argentina's SMEs account for over 60% of private sector employment.
- SME lending represents around 15% of total bank lending in Argentina.
- Outstanding SME loans grew by 25% in 2021 as the economy recovered.
FAQs
Q: What does this economic trend measure?
A: This trend measures the volume of outstanding loans extended to small and medium-sized enterprises (SMEs) by banks and other deposit-taking institutions in Argentina.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into credit availability and financial inclusion for Argentina's crucial SME sector, which is an important driver of economic growth and employment.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Central Bank of Argentina.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess the health of Argentina's credit markets and SME sector, which informs decisions around financial regulation, development programs, and monetary policy.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of several months, so it may not reflect the most current credit conditions.
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Citation
U.S. Federal Reserve, Use of Financial Services, Assets: Outstanding Loans to Small and Medium Enterprises at Other Deposit Takers for Argentina (ARGFCSODDSXDC), retrieved from FRED.