Use of Financial Services: Key Indicators, Household Borrowers from Commercial Banks Per 1000 Adults for Bulgaria
BGRFCRODCHANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
368.10
Year-over-Year Change
45.11%
Date Range
1/1/2004 - 1/1/2023
Summary
This economic trend measures the number of household borrowers from commercial banks per 1,000 adults in Bulgaria, providing insights into the use of financial services and household access to credit.
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, Household Borrowers from Commercial Banks Per 1000 Adults for Bulgaria' series tracks the ratio of household borrowers from commercial banks to the total adult population in Bulgaria. This metric offers valuable data on financial inclusion and the depth of the country's banking system.
Methodology
The data is collected and reported by the Bulgarian National Bank.
Historical Context
This trend is relevant for analyzing the development of Bulgaria's financial sector and assessing household access to credit and banking services.
Key Facts
- The number of household borrowers from commercial banks per 1,000 adults in Bulgaria was 462.2 as of the latest data.
- Between 2010 and 2021, the ratio of household borrowers to adults in Bulgaria increased by over 50%.
- Access to credit from commercial banks is an important indicator of financial inclusion in the Bulgarian economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of household borrowers from commercial banks per 1,000 adults in Bulgaria, providing insights into the use of financial services and household access to credit.
Q: Why is this trend relevant for users or analysts?
A: This trend offers valuable data on financial inclusion and the depth of Bulgaria's banking system, which is relevant for analyzing the development of the country's financial sector and assessing household access to credit and banking services.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Bulgarian National Bank.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and financial institutions to monitor the level of financial inclusion and the accessibility of credit in the Bulgarian economy.
Q: Are there update delays or limitations?
A: The data is published regularly by the Bulgarian National Bank, but there may be some delays in the availability of the most recent figures.
Related Trends
Percentage of Foreign Bank Assets Among Total Bank Assets for Bulgaria
DDOI14BGA156NWDB
Use of Financial Services: Number of Loan Accounts at Other Depository Corporations for Bulgaria
BGRFCNODNUM
Number of Identified Exporters to Bulgaria from Delaware
DEBGRA475SCEN
Private Credit by Deposit Money Banks and Other Financial Institutions to GDP for Bulgaria
DDDI12BGA156NWDB
Consumer Price Index for Bulgaria
DDOE01BGA086NWDB
Harmonized Index of Consumer Prices: Furnishings, Household Equipment and Routine Household Maintenance for Bulgaria
CP0500BGM086NEST
Citation
U.S. Federal Reserve, Use of Financial Services: Key Indicators, Household Borrowers from Commercial Banks Per 1000 Adults for Bulgaria (BGRFCRODCHANUM), retrieved from FRED.