Use of Financial Services, Assets: Outstanding Loans at Other Deposit Takers for Burundi
BDIFCSODDXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8,359,000,000.00
Year-over-Year Change
752.96%
Date Range
1/1/2012 - 1/1/2020
Summary
This economic trend measures the outstanding loans at other deposit takers in Burundi, providing insights into the use of financial services and assets in the country.
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 at Other Deposit Takers for Burundi' tracks the total value of loans extended by non-bank financial institutions in Burundi. This data is useful for analyzing financial intermediation and access to credit in the Burundian economy.
Methodology
The data is collected by the Burundi Central Bank through surveys of financial institutions.
Historical Context
Policymakers and analysts use this trend to assess the depth and development of Burundi's financial sector.
Key Facts
- Burundi has a primarily cash-based economy with limited financial intermediation.
- Non-bank deposit takers play a significant role in providing credit to businesses and households.
- Loan growth is an important indicator of financial deepening in developing economies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of outstanding loans extended by non-bank financial institutions, such as microfinance lenders and credit cooperatives, in Burundi.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the depth and development of Burundi's financial sector, which is crucial for understanding access to credit and financial inclusion in the country.
Q: How is this data collected or calculated?
A: The data is collected by the Burundi Central Bank through surveys of financial institutions operating in the country.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the extent of financial intermediation and identify areas for improving access to credit and promoting financial sector development in Burundi.
Q: Are there update delays or limitations?
A: The data may be subject to delays in reporting and collection, and the coverage of non-bank financial institutions may be incomplete, limiting the comprehensive representation of the Burundian credit market.
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Citation
U.S. Federal Reserve, Use of Financial Services, Assets: Outstanding Loans at Other Deposit Takers for Burundi (BDIFCSODDXDC), retrieved from FRED.