Credit to Private Non-Financial Sector by Domestic Banks, Unadjusted for Breaks, for Argentina
CRDQARBPUBIS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
68,691.20
Year-over-Year Change
1379.98%
Date Range
4/1/1940 - 10/1/2024
Summary
This economic trend measures the volume of credit extended by domestic banks to the private non-financial sector in Argentina. It is a key indicator of financial intermediation and economic activity.
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 Credit to Private Non-Financial Sector by Domestic Banks metric tracks the total lending from Argentina's domestic banking system to businesses and households outside the financial industry. It provides insight into the availability of credit and the level of private sector investment.
Methodology
The data is collected by Argentina's central bank through reports from domestic financial institutions.
Historical Context
This trend is widely used by economists and policymakers to assess the health of Argentina's financial system and private sector.
Key Facts
- Argentina's private credit-to-GDP ratio was 15.4% in 2021.
- Credit growth has been volatile in Argentina over the past decade.
- The central bank closely monitors this metric to guide monetary policy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total volume of credit extended by Argentina's domestic banks to the private non-financial sector, including businesses and households.
Q: Why is this trend relevant for users or analysts?
A: This metric provides key insights into the availability of credit and the health of financial intermediation in Argentina's private sector, which is important for assessing economic conditions and the effectiveness of policy.
Q: How is this data collected or calculated?
A: The data is collected by Argentina's central bank through mandatory reporting from domestic financial institutions.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this credit metric to gauge the effectiveness of monetary policy and the overall state of Argentina's financial system and private sector activity.
Q: Are there update delays or limitations?
A: The data is subject to potential lags in reporting from financial institutions, and may not fully capture all informal or non-bank lending activity.
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Citation
U.S. Federal Reserve, Credit to Private Non-Financial Sector by Domestic Banks, Unadjusted for Breaks, for Argentina (CRDQARBPUBIS), retrieved from FRED.