Small Firms with a Bank Loan or Line of Credit to Total Small Firms for Russian Federation
DDAI04RUA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
29.90
Year-over-Year Change
73.84%
Date Range
1/1/2009 - 1/1/2019
Summary
This economic indicator measures the percentage of small firms in Russia that have a bank loan or line of credit, providing insights into the availability of small business financing.
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 for Russian Federation' metric tracks the ratio of Russian small businesses that utilize formal banking services. This data point is valuable for assessing the financing environment and credit access for entrepreneurs and small enterprises.
Methodology
The data is collected through surveys of small businesses in Russia conducted by the World Bank.
Historical Context
This indicator is useful for policymakers and analysts examining the health of Russia's small business ecosystem and access to credit.
Key Facts
- The latest value is 39.6% as of 2019.
- This metric has remained relatively stable over the past decade.
- Access to bank financing is a key challenge for small firms in Russia.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the percentage of small businesses in Russia that have a bank loan or line of credit, providing insights into the availability of formal financing for entrepreneurs.
Q: Why is this trend relevant for users or analysts?
A: The level of small business credit access is an important signal of the health and dynamism of Russia's entrepreneurial ecosystem, with implications for economic growth and development.
Q: How is this data collected or calculated?
A: The data is collected through surveys of small businesses in Russia conducted by the World Bank.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this metric to assess the financing environment for small enterprises and inform policies aimed at promoting entrepreneurship and small business development in Russia.
Q: Are there update delays or limitations?
A: The data is updated periodically by the World Bank, with the latest available value as of 2019.
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Citation
U.S. Federal Reserve, Small Firms with a Bank Loan or Line of Credit to Total Small Firms for Russian Federation (DDAI04RUA156NWDB), retrieved from FRED.