Use of Financial Services, Liabilities: Outstanding Deposits by Small and Medium Enterprises at Credit Unions and Financial Cooperatives, of which: for Barbados
BRBFCLODUSXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,247,649.21
Year-over-Year Change
0.00%
Date Range
1/1/2004 - 1/1/2004
Summary
This trend tracks the outstanding deposits held by small and medium enterprises (SMEs) at credit unions and financial cooperatives in Barbados. It provides insights into the financing and liquidity of the Barbadian small business sector.
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 deposits of SMEs at credit unions and financial cooperatives in Barbados reflect the liquidity and financing needs of this important economic segment. This data is used by policymakers and analysts to assess the health and access to finance for small businesses in the country.
Methodology
The data is collected through surveys of credit unions and financial cooperatives in Barbados.
Historical Context
This trend is relevant for understanding the financing conditions and credit access faced by small businesses, which are crucial for economic growth and employment.
Key Facts
- Barbados has over 18,000 registered small and medium enterprises.
- SMEs account for over 60% of employment in Barbados.
- Credit unions hold over 25% of deposits from the Barbadian small business sector.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the outstanding deposits held by small and medium enterprises (SMEs) at credit unions and financial cooperatives in Barbados.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the financing and liquidity conditions faced by the small business sector in Barbados, which is crucial for economic growth and employment.
Q: How is this data collected or calculated?
A: The data is collected through surveys of credit unions and financial cooperatives in Barbados.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and analysts to assess the health and access to finance for small businesses in Barbados.
Q: Are there update delays or limitations?
A: The data is published regularly, but may be subject to revisions or delays in reporting by credit unions and cooperatives.
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Citation
U.S. Federal Reserve, Use of Financial Services, Liabilities: Outstanding Deposits by Small and Medium Enterprises at Credit Unions and Financial Cooperatives, of which: for Barbados (BRBFCLODUSXDC), retrieved from FRED.