Firms with a Bank Loan or Line of Credit to Total Firms for Mauritania
DDAI03MRA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
32.80
Year-over-Year Change
105.00%
Date Range
1/1/2006 - 1/1/2014
Summary
This economic trend measures the percentage of firms in Mauritania that have a bank loan or line of credit, providing insight into access to financial services.
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 businesses in Mauritania that utilize formal banking products. This metric is useful for assessing financial inclusion and private sector development in the country.
Methodology
The data is collected through enterprise surveys conducted by the World Bank.
Historical Context
This trend is relevant for policymakers and economists analyzing Mauritania's financial sector and private-led growth.
Key Facts
- Mauritania's 'Firms with a Bank Loan or Line of Credit' rate was 16.9% in 2019.
- Access to finance is a key constraint for businesses in Mauritania.
- Improving financial inclusion is a priority for Mauritania's economic development.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of firms in Mauritania that have a bank loan or line of credit, providing insight into access to financial services in the country.
Q: Why is this trend relevant for users or analysts?
A: This metric is useful for assessing financial inclusion and private sector development in Mauritania, which are important considerations for policymakers and economists.
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 economists analyzing Mauritania's financial sector and private-led growth.
Q: Are there update delays or limitations?
A: The data may be subject to survey collection and reporting delays, and may not fully capture all informal financial access in Mauritania.
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Citation
U.S. Federal Reserve, Firms with a Bank Loan or Line of Credit to Total Firms for Mauritania (DDAI03MRA156NWDB), retrieved from FRED.