Use of Financial Services Borrowers: Persons Borrowing from Other Financial Intermediaries for Brazil

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

Latest Value

507,185.00

Year-over-Year Change

-4.24%

Date Range

1/1/2007 - 1/1/2017

Summary

This economic trend measures the number of persons borrowing from other financial intermediaries in Brazil. It provides insight into the utilization of financial services and can inform policies aimed at promoting financial inclusion.

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: Persons Borrowing from Other Financial Intermediaries for Brazil' series tracks the total number of individuals in Brazil who have taken out loans from non-bank financial institutions. This metric is useful for analyzing trends in access to diverse credit sources and the overall financial health of the population.

Methodology

The data is collected through surveys and reported by the Central Bank of Brazil.

Historical Context

Policymakers and market analysts use this trend to assess the depth and breadth of Brazil's financial system.

Key Facts

  • Brazil has the largest economy in Latin America.
  • Financial inclusion is a key policy priority for the Brazilian government.
  • Non-bank lenders play a significant role in Brazil's credit market.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total number of individuals in Brazil who have borrowed money from non-bank financial institutions, such as microfinance providers and specialty lenders.

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

A: This metric provides insight into the depth and diversity of Brazil's credit markets, which is crucial for understanding financial inclusion and the overall health of the country's household finance sector.

Q: How is this data collected or calculated?

A: The data is collected through surveys and reported by the Central Bank of Brazil.

Q: How is this trend used in economic policy?

A: Policymakers and market analysts use this trend to assess the reach and effectiveness of financial inclusion initiatives, as well as to identify potential areas for improvement in Brazil's credit markets.

Q: Are there update delays or limitations?

A: The data is published with a lag, and there may be limitations in terms of geographic or demographic coverage, as survey-based data can be subject to sampling and reporting biases.

Related Trends

Citation

U.S. Federal Reserve, Use of Financial Services Borrowers: Persons Borrowing from Other Financial Intermediaries for Brazil (BRAFCRMPENUM), retrieved from FRED.