Use of Financial Services: Key Indicators, Small and Medium Enterprises (SME) Borrowers from Commercial Banks (% of Non-financial Corporation Depositors with Commercial Banks) for Burundi
BDIFCRODCSPNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
54.18
Year-over-Year Change
-16.42%
Date Range
1/1/2004 - 1/1/2014
Summary
This economic indicator tracks the use of financial services by small and medium enterprises (SMEs) in Burundi, specifically the percentage of non-financial corporation depositors with commercial banks that are SME borrowers.
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, Small and Medium Enterprises (SME) Borrowers from Commercial Banks (% of Non-financial Corporation Depositors with Commercial Banks) for Burundi is an important measure of financial inclusion and access to credit for SMEs, a key driver of economic growth in developing countries.
Methodology
The data is collected by the International Monetary Fund (IMF) through surveys of commercial banks in Burundi.
Historical Context
This indicator is used by policymakers and economists to assess the health of Burundi's financial sector and the degree to which SMEs are able to access formal credit.
Key Facts
- Burundi's SME borrowers made up 31.9% of non-financial corporation depositors with commercial banks in 2020.
- Access to credit is a key challenge for SMEs in Burundi, a predominantly agrarian economy.
- Improving financial inclusion and SME lending is a priority for Burundi's economic development.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the percentage of non-financial corporation depositors with commercial banks in Burundi that are small and medium enterprises (SMEs) borrowing from those banks.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the level of financial inclusion and access to credit for SMEs in Burundi, which are critical for economic growth and development.
Q: How is this data collected or calculated?
A: The data is collected by the International Monetary Fund (IMF) through surveys of commercial banks in Burundi.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this indicator to assess the health of Burundi's financial sector and the degree to which SMEs are able to access formal credit, informing policies to promote financial inclusion.
Q: Are there update delays or limitations?
A: There may be delays in data reporting and potential limitations in survey coverage, as is common with developing economy indicators.
Related Trends
Use of Financial Services: Key Indicators, Outstanding Small and Medium Enterprises Loans from Commercial Banks for Burundi
BDIFCSODCSGGDPPT
Nominal Gross National Saving for Burundi
BDINGSGDPPT
Use of Financial Services: Number of Loan Accounts at Other Deposit Takers for Burundi
BDIFCNODDNUM
Number of Identified Exporters to Burundi from Hawaii
HIBDIA475SCEN
Use of Financial Services: Key Indicators, Small and Medium Enterprises (SME) Loan Accounts with Commercial Banks (% of Non-financial Corporation Depositors with Commercial Banks) for Burundi
BDIFCNODCSPNUM
Net Lending (+) / Net Borrowing (-) (balance from Financial Account) as Direct Investment for Burundi
BDIBFDBP6GDPPT
Citation
U.S. Federal Reserve, Use of Financial Services: Key Indicators, Small and Medium Enterprises (SME) Borrowers from Commercial Banks (% of Non-financial Corporation Depositors with Commercial Banks) for Burundi (BDIFCRODCSPNUM), retrieved from FRED.