Use of Financial Services Borrowers: Small and Medium Enterprises Borrowing from Commercial Banks for Bosnia and Herzegovina
BIHFCRODCSPENUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22,416.26
Year-over-Year Change
-12.47%
Date Range
1/1/2007 - 1/1/2024
Summary
This economic trend measures the use of financial services by small and medium enterprises (SMEs) in Bosnia and Herzegovina, specifically their borrowing from commercial banks. It provides insights into the financing activity of this important business segment.
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: Small and Medium Enterprises Borrowing from Commercial Banks for Bosnia and Herzegovina data series tracks the lending activity to SMEs by the country's commercial banking sector. This metric is a key indicator of credit access and financial inclusion for smaller businesses, which are vital for economic growth and development.
Methodology
The data is collected and reported by the Central Bank of Bosnia and Herzegovina.
Historical Context
This trend is used by policymakers, financial institutions, and economic analysts to assess the health and lending environment of the SME sector in Bosnia and Herzegovina.
Key Facts
- SMEs account for over 60% of employment in Bosnia and Herzegovina.
- Access to bank credit is a key challenge for many small businesses in the country.
- Lending to SMEs represents around 30% of total commercial bank loans in Bosnia and Herzegovina.
FAQs
Q: What does this economic trend measure?
A: This trend measures the borrowing activity of small and medium enterprises (SMEs) from commercial banks in Bosnia and Herzegovina.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the financing environment and credit access for the vital SME sector, which is a key driver of economic growth and development in Bosnia and Herzegovina.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Central Bank of Bosnia and Herzegovina.
Q: How is this trend used in economic policy?
A: Policymakers, financial institutions, and economic analysts use this trend to assess the health and lending environment of the SME sector, which informs policies and programs aimed at supporting small business financing.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture the most recent changes in SME borrowing activity.
Related Trends
Infant Mortality Rate for Bosnia and Herzegovina
SPDYNIMRTINBIH
Number of Bank Branches for Bosnia and Herzegovina
DDAI02BAA643NWDB
Use of Financial Services: Number of Loan Accounts at Other Other Financial Intermediaries for Bosnia and Herzegovina
BIHFCNFONUM
Value of Exports to Bosnia and Herzegovina from Indiana
INBIHA052SCEN
Non-Life Insurance Premium Volume to GDP for Bosnia and Herzegovina
DDDI10BAA156NWDB
Number of Identified Exporters to Bosnia and Herzegovina from South Dakota
SDBIHA475SCEN
Citation
U.S. Federal Reserve, Use of Financial Services Borrowers: Small and Medium Enterprises Borrowing from Commercial Banks for Bosnia and Herzegovina (BIHFCRODCSPENUM), retrieved from FRED.