Use of Financial Services Borrowers: Households Borrowing from Other Financial Intermediaries for Bangladesh

BGDFCRMHPENUM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

10,269,795.00

Year-over-Year Change

72.63%

Date Range

1/1/2004 - 1/1/2017

Summary

This economic trend measures the use of financial services by households in Bangladesh who borrow from other financial intermediaries. It provides insights into the financing patterns and credit access of the country's households.

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 Borrowers: Households Borrowing from Other Financial Intermediaries for Bangladesh' series tracks the number of households in Bangladesh that rely on non-bank financial institutions for their borrowing needs. This data point is useful for understanding the financial inclusion and credit accessibility landscape in the country.

Methodology

The data is collected through household surveys conducted by the Bangladesh Bank.

Historical Context

This trend is relevant for policymakers and financial sector analysts studying household finance and credit access in Bangladesh.

Key Facts

  • Bangladesh has a large and diverse financial sector.
  • Access to credit is a key driver of economic development.
  • Household borrowing patterns reflect financial inclusion levels.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of households in Bangladesh that borrow from non-bank financial institutions, providing insights into financial inclusion and credit access.

Q: Why is this trend relevant for users or analysts?

A: This trend is relevant for understanding household financing patterns and financial inclusion levels in Bangladesh, which are important for policymakers and financial sector analysts.

Q: How is this data collected or calculated?

A: The data is collected through household surveys conducted by the Bangladesh Bank.

Q: How is this trend used in economic policy?

A: This trend is used by policymakers and financial sector analysts to assess financial inclusion and credit access in Bangladesh, which informs policies aimed at promoting sustainable economic development.

Q: Are there update delays or limitations?

A: The data may be subject to periodic updates and potential limitations in survey coverage or methodology, which users should consider when interpreting the trend.

Related Trends

Citation

U.S. Federal Reserve, Use of Financial Services Borrowers: Households Borrowing from Other Financial Intermediaries for Bangladesh (BGDFCRMHPENUM), retrieved from FRED.