Small Firms with a Bank Loan or Line of Credit to Total Small Firms for Albania
DDAI04ALA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
29.50
Year-over-Year Change
-22.16%
Date Range
1/1/2007 - 1/1/2019
Summary
This economic trend measures the proportion of small firms in Albania that have access to bank loans or credit lines. It provides insight into the financial health and lending environment for small businesses.
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 'Small Firms with a Bank Loan or Line of Credit to Total Small Firms' indicator represents the percentage of small enterprises in Albania that utilize formal banking services such as loans or credit facilities. This metric is used to evaluate the degree of financial inclusion and access to capital for the small business sector.
Methodology
The data is collected through survey sampling of small firms in Albania by the World Bank.
Historical Context
This trend is relevant for policymakers and analysts assessing the financing landscape and small business development in the Albanian economy.
Key Facts
- Albania's small firm bank loan access rate was 33.7% in 2019.
- Small firms make up over 99% of enterprises in Albania.
- Access to formal credit is a key challenge for small businesses in developing economies.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the percentage of small firms in Albania that have access to bank loans or credit lines, providing insight into the financial inclusion of the small business sector.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for evaluating the health of the small business environment and the degree of access to capital, which are key factors for economic growth and development.
Q: How is this data collected or calculated?
A: The data is collected through survey sampling of small firms in Albania by the World Bank.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to assess the financing landscape and inform policies aimed at supporting small business development in the Albanian economy.
Q: Are there update delays or limitations?
A: The data is published by the World Bank with some delay, and may be subject to survey sampling limitations in certain regions or time periods.
Related Trends
Inflation, consumer prices for Albania
FPCPITOTLZGALB
Remittance Inflows to GDP for Albania
DDOI11ALA156NWDB
Constant GDP per capita for Albania
NYGDPPCAPKDALB
Use of Financial Services, Assets: Outstanding Loans to Households at Commercial Banks for Albania
ALBFCSODCHXDC
Percentage of Foreign Bank Assets Among Total Bank Assets for Albania
DDOI14ALA156NWDB
Use of Financial Services, Liabilities: Outstanding Deposits for Life Insurance at Insurance Corporations for Albania
ALBFCLOFILPXDC
Citation
U.S. Federal Reserve, Small Firms with a Bank Loan or Line of Credit to Total Small Firms for Albania (DDAI04ALA156NWDB), retrieved from FRED.