Firms with a Bank Loan or Line of Credit to Total Firms for Madagascar
DDAI03MGA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.50
Year-over-Year Change
-29.61%
Date Range
1/1/2009 - 1/1/2013
Summary
This economic trend measures the percentage of firms in Madagascar that have a bank loan or line of credit. It provides insights into the availability and usage 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 share of formal private enterprises in Madagascar that utilize commercial bank financing. This indicator offers valuable information about the financial inclusion and access to credit for the private sector.
Methodology
The data is collected through enterprise surveys conducted by the World Bank.
Historical Context
This trend is relevant for assessing the health and development of Madagascar's financial system and private sector.
Key Facts
- Madagascar's firms with bank loans/credit was 25.9% in 2019.
- Access to finance is a major constraint for Malagasy businesses.
- Small and medium enterprises have lower rates of bank financing.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of firms in Madagascar that have a bank loan or line of credit, providing insights into the availability and usage of business financing in the country.
Q: Why is this trend relevant for users or analysts?
A: This indicator offers valuable information about the financial inclusion and access to credit for the private sector in Madagascar, which is crucial for assessing the health and development of the country's financial system and private sector.
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 policymakers and analysts seeking to understand the level of financial access and inclusion for businesses in Madagascar, which can inform policies and initiatives aimed at promoting private sector development and economic growth.
Q: Are there update delays or limitations?
A: The data is published periodically by the World Bank, and there may be delays in the availability of the most recent information.
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Citation
U.S. Federal Reserve, Firms with a Bank Loan or Line of Credit to Total Firms for Madagascar (DDAI03MGA156NWDB), retrieved from FRED.