Firms with a Bank Loan or Line of Credit to Total Firms for Croatia
DDAI03HRA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
36.60
Year-over-Year Change
-45.62%
Date Range
1/1/2007 - 1/1/2019
Summary
This economic trend measures the share of firms in Croatia that have a bank loan or line of credit. It provides insights into the availability 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' metric represents the percentage of companies in Croatia that have access to formal banking products. This indicator is used by economists and policymakers to assess the depth of the country's financial system and the ease of obtaining business credit.
Methodology
The data is collected through enterprise surveys conducted by the World Bank.
Historical Context
This trend is relevant for analyzing Croatia's economic development and the health of its private sector.
Key Facts
- Croatia's firms with bank loans or credit lines was 56.7% in 2019.
- The metric has increased from 44.5% in 2013 to 56.7% in 2019.
- Access to business financing is a key indicator of financial development.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of firms in Croatia that have a bank loan or line of credit, providing insights into the availability of business financing in the country.
Q: Why is this trend relevant for users or analysts?
A: This indicator is important for economists and policymakers to assess the depth of Croatia's financial system and the ease of obtaining business credit, which is a key factor in 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: This trend is relevant for analyzing Croatia's economic development and the health of its private sector, as access to business financing is a critical component of a well-functioning financial system.
Q: Are there update delays or limitations?
A: The data is published by the World Bank, and updates may be subject to survey collection and processing timelines.
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Citation
U.S. Federal Reserve, Firms with a Bank Loan or Line of Credit to Total Firms for Croatia (DDAI03HRA156NWDB), retrieved from FRED.