Use of Financial Services: Key Indicators, Outstanding Small and Medium Enterprises Loans from Commercial Banks for Czech Republic
CZEFCSODCSGGDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.72
Year-over-Year Change
-12.08%
Date Range
1/1/2004 - 1/1/2023
Summary
This indicator tracks outstanding small and medium enterprise (SME) loans from commercial banks in the Czech Republic, providing insights into the financing conditions for these vital businesses.
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: Key Indicators, Outstanding Small and Medium Enterprises Loans from Commercial Banks for Czech Republic metric measures the total value of loans extended by commercial banks to small and medium-sized enterprises in the Czech economy. This data point is used by economists and policymakers to assess the availability of credit and financial services for this important business segment.
Methodology
The data is collected by the Czech National Bank through its surveys of commercial banking institutions.
Historical Context
This indicator offers insights into the flow of credit to SMEs, which are crucial drivers of economic growth and innovation.
Key Facts
- SMEs account for over 99% of businesses in the Czech Republic.
- Outstanding SME loans were 20.3% of Czech GDP in 2021.
- SME lending has grown steadily in the Czech Republic since the global financial crisis.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total value of loans extended by commercial banks to small and medium-sized enterprises (SMEs) in the Czech Republic.
Q: Why is this trend relevant for users or analysts?
A: The availability of credit for SMEs is a key driver of business investment, economic growth, and innovation, making this metric important for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected by the Czech National Bank through surveys of commercial banking institutions in the country.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this indicator to assess the financing conditions for SMEs, which are crucial for supporting entrepreneurship and economic dynamism.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture all SME lending activity, as some financing occurs outside the traditional banking system.
Related Trends
Infra-Annual Labor Statistics: Employment Male: From 15 to 64 Years for Czechia
LFEM64MACZA647S
Infra-Annual Labor Statistics: Labor Force Total: From 25 to 54 Years for Czechia
LFAC25TTCZA647S
Infra-Annual Labor Statistics: Labor Force Total: From 15 to 64 Years for Czechia
LFAC64TTCZQ647N
Consolidated Foreign Claims of BIS-Reporting Banks to GDP for Czech Republic
DDOI12CZA156NWDB
Harmonized Index of Consumer Prices: Insurance Connected with Transport for Czech Republic
CP1254CZM086NEST
Value of Exports to Czech Republic from Nebraska
NECZEA052SCEN
Citation
U.S. Federal Reserve, Use of Financial Services: Key Indicators, Outstanding Small and Medium Enterprises Loans from Commercial Banks for Czech Republic (CZEFCSODCSGGDPPT), retrieved from FRED.