Use of Financial Services, Assets: Outstanding Loans to Households at Other Financial Intermediaries for Bangladesh
BGDFCSMHXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
85,310,636,100.00
Year-over-Year Change
118.38%
Date Range
1/1/2004 - 1/1/2017
Summary
This economic trend measures outstanding loans to households from other financial intermediaries in Bangladesh. It provides insights into the availability and usage of financial services 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 to Households at Other Financial Intermediaries for Bangladesh tracks the total value of loans extended by non-bank financial institutions to individual households. This metric serves as an indicator of financial inclusion and access to credit in the Bangladeshi economy.
Methodology
The data is collected through surveys and reports from financial institutions in Bangladesh.
Historical Context
Policymakers and analysts use this trend to monitor the development of the financial sector and identify areas for improvement in household access to credit.
Key Facts
- Bangladesh has a population of over 160 million people.
- The country's financial sector is dominated by banks, but other intermediaries play a growing role.
- Improving financial inclusion is a key development priority for the Bangladeshi government.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of outstanding loans made by non-bank financial institutions to individual households in Bangladesh.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the level of financial inclusion and access to credit for Bangladeshi households, which is an important indicator of economic development.
Q: How is this data collected or calculated?
A: The data is collected through surveys and reports from financial institutions operating in Bangladesh.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to monitor the growth and development of the non-bank financial sector in Bangladesh and identify areas for improving household access to credit.
Q: Are there update delays or limitations?
A: The data may be subject to periodic updates and revisions, and there may be limitations in coverage or reporting by financial institutions.
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Citation
U.S. Federal Reserve, Use of Financial Services, Assets: Outstanding Loans to Households at Other Financial Intermediaries for Bangladesh (BGDFCSMHXDC), retrieved from FRED.