Use of Financial Services Borrowers: Persons Borrowing from Other Deposit Takers for Comoros

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

Latest Value

33,277.00

Year-over-Year Change

1979.81%

Date Range

1/1/2004 - 1/1/2017

Summary

This economic trend measures the number of persons borrowing from other deposit takers in Comoros. It provides insight into the usage of financial services and access to credit in the Comorian 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 'Use of Financial Services Borrowers: Persons Borrowing from Other Deposit Takers for Comoros' metric tracks the total number of individuals who have obtained loans or financing from financial institutions in Comoros, excluding commercial banks. This data point is useful for analyzing financial inclusion and assessing the overall credit environment.

Methodology

The data is collected through surveys and reporting from financial institutions in Comoros.

Historical Context

This trend is relevant for policymakers, economists, and financial analysts evaluating financial access and the broader economic conditions in Comoros.

Key Facts

  • Comoros is an island nation in the Indian Ocean.
  • Credit access is an important driver of economic development.
  • Financial inclusion is a key policy priority in Comoros.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total number of individuals in Comoros who have obtained loans or financing from financial institutions, excluding commercial banks.

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

A: This data point provides insights into financial inclusion and access to credit in the Comorian economy, which are important factors for economic development and stability.

Q: How is this data collected or calculated?

A: The data is collected through surveys and reporting from financial institutions in Comoros.

Q: How is this trend used in economic policy?

A: Policymakers, economists, and financial analysts use this trend to evaluate financial access and the broader economic conditions in Comoros.

Q: Are there update delays or limitations?

A: The data may be subject to reporting delays or other limitations inherent in survey-based data collection.

Related Trends

Citation

U.S. Federal Reserve, Use of Financial Services Borrowers: Persons Borrowing from Other Deposit Takers for Comoros (COMFCRODDPENUM), retrieved from FRED.