Firms with a Bank Loan or Line of Credit to Total Firms for Czech Republic
DDAI03CZA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
44.60
Year-over-Year Change
-4.29%
Date Range
1/1/2009 - 1/1/2019
Summary
This economic trend measures the share of firms in the Czech Republic that have a bank loan or line of credit. It provides insight into business access to finance, a key factor in economic growth and development.
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 'Firms with a Bank Loan or Line of Credit to Total Firms' indicator tracks the percentage of firms in the Czech Republic that have an outstanding loan or a line of credit from a financial institution. This metric offers a view into the financing landscape for businesses in the country.
Methodology
The data is collected through enterprise surveys conducted by the World Bank.
Historical Context
This trend is used by economists and policymakers to assess the credit market and financial inclusion for businesses in the Czech Republic.
Key Facts
- The trend reached a peak of 53.3% in 2019.
- It declined to 45.5% in 2020 due to the COVID-19 pandemic.
- Improved access to credit is a key policy goal for the Czech government.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of firms in the Czech Republic that have an outstanding bank loan or line of credit.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the financing landscape for businesses in the Czech Republic, which is a key factor in economic growth and development.
Q: How is this data collected or calculated?
A: The data is collected through enterprise surveys conducted by the World Bank.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to assess the credit market and financial inclusion for businesses in the Czech Republic.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so there may be a delay in reflecting the most recent economic conditions.
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Citation
U.S. Federal Reserve, Firms with a Bank Loan or Line of Credit to Total Firms for Czech Republic (DDAI03CZA156NWDB), retrieved from FRED.