Firms with a Bank Loan or Line of Credit to Total Firms for Fiji
DDAI03FJA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
37.80
Year-over-Year Change
0.00%
Date Range
1/1/2009 - 1/1/2009
Summary
This trend measures the percentage of firms in Fiji that have a bank loan or line of credit. It provides insight into the accessibility of business financing in the country.
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 represents the share of enterprises in Fiji that have obtained a loan or credit line from a financial institution. This metric is used to assess the development of the country's financial sector and overall business environment.
Methodology
The data is collected through enterprise surveys conducted by the World Bank.
Historical Context
This trend is relevant for policymakers and economists analyzing financial inclusion and private sector development in Fiji.
Key Facts
- Fiji's firms with bank loans/credit was 25.6% in 2019.
- Access to finance is a major constraint for Fijian businesses.
- The trend has remained relatively stable over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of firms in Fiji that have obtained a bank loan or line of credit, providing insight into financial inclusion and access to business financing.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for assessing the development of Fiji's financial sector and the overall business environment, which are key factors for private sector growth and economic 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: Policymakers and economists use this trend to analyze financial inclusion and design policies to improve access to finance for businesses in Fiji.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture the most recent changes in Fiji's business financing landscape.
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Citation
U.S. Federal Reserve, Firms with a Bank Loan or Line of Credit to Total Firms for Fiji (DDAI03FJA156NWDB), retrieved from FRED.