Use of Financial Services: Key Indicators, Outstanding Loans from Commercial Banks for Brazil

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

Latest Value

42.12

Year-over-Year Change

24.50%

Date Range

1/1/2004 - 1/1/2023

Summary

This economic trend measures the outstanding loans from commercial banks in Brazil as a percentage of the country's gross domestic product (GDP). It provides insight into the level of financial intermediation and access to credit in the Brazilian economy.

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 outstanding loans from commercial banks for Brazil series represents the total value of loans and advances extended by commercial banks to the public and private sectors, expressed as a percentage of GDP. This metric is used by economists and policymakers to gauge the depth and development of the Brazilian financial system.

Methodology

The data is collected by the Central Bank of Brazil and calculated as a ratio of total outstanding commercial bank loans to the country's GDP.

Historical Context

This indicator is closely monitored by financial analysts and policymakers to assess credit conditions and the overall health of the Brazilian economy.

Key Facts

  • Brazil's outstanding commercial bank loans were 49.4% of GDP in 2021.
  • The ratio has increased from 36.8% in 2010, indicating growing financial inclusion.
  • High levels of commercial bank lending are associated with economic development.

FAQs

Q: What does this economic trend measure?

A: This trend measures the value of outstanding loans from commercial banks in Brazil as a percentage of the country's gross domestic product (GDP).

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

A: This indicator provides insight into the depth and development of the Brazilian financial system, which is closely monitored by economists and policymakers to assess credit conditions and overall economic health.

Q: How is this data collected or calculated?

A: The data is collected by the Central Bank of Brazil and calculated as a ratio of total outstanding commercial bank loans to the country's GDP.

Q: How is this trend used in economic policy?

A: Policymakers and financial analysts use this indicator to evaluate credit conditions, financial inclusion, and the overall stability of the Brazilian economy.

Q: Are there update delays or limitations?

A: The data is published regularly by the Central Bank of Brazil, but there may be some delays in reporting due to the time required to collect and compile the information.

Related Trends

Citation

U.S. Federal Reserve, Use of Financial Services: Key Indicators, Outstanding Loans from Commercial Banks for Brazil (BRAFCSODCGGDPPT), retrieved from FRED.