Credit to Government and State-Owned Enterprises to GDP for Philippines
DDEI08PHA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.15
Year-over-Year Change
33.25%
Date Range
1/1/1980 - 1/1/2020
Summary
This economic trend measures the ratio of credit to the government and state-owned enterprises as a percentage of the Philippines' GDP. It provides insights into the scale of government and public sector financing in the economy.
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 Credit to Government and State-Owned Enterprises to GDP for Philippines metric tracks the level of domestic credit provided to the public sector, including national and local governments as well as state-owned enterprises. This statistic is useful for analyzing the role of the public sector in economic activity and assessing government financing trends.
Methodology
The data is collected and calculated by the World Bank using national sources.
Historical Context
This trend is relevant for policymakers, investors, and analysts examining the structure and financing of the Philippine economy.
Key Facts
- This metric has been tracked since 1970.
- The Philippines' ratio peaked at 24.2% in 1983.
- The ratio has steadily declined since the 1990s.
FAQs
Q: What does this economic trend measure?
A: This trend measures the ratio of domestic credit provided to the government and state-owned enterprises as a percentage of the Philippines' GDP.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the scale of public sector financing in the Philippine economy, which is useful for policymakers, investors, and analysts assessing economic structure and government financing trends.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using national sources.
Q: How is this trend used in economic policy?
A: This trend is relevant for policymakers examining the role of the public sector and government financing in the Philippine economy.
Q: Are there update delays or limitations?
A: The data is published annually with some potential for delays in reporting from national sources.
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Citation
U.S. Federal Reserve, Credit to Government and State-Owned Enterprises to GDP for Philippines (DDEI08PHA156NWDB), retrieved from FRED.