Credit to Government and State-Owned Enterprises to GDP for Slovakia
DDEI08SKA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.34
Year-over-Year Change
-21.49%
Date Range
1/1/2006 - 1/1/2020
Summary
This economic trend measures the amount of credit extended to the government and state-owned enterprises as a percentage of Slovakia's GDP. It is an important indicator of the public sector's reliance on credit and financial stability.
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' indicator tracks the level of credit provided to Slovakia's public sector relative to the overall size of its economy. This metric is used by economists and policymakers to assess the government's fiscal position and potential risks to financial system stability.
Methodology
The data is collected and reported by the World Bank based on information provided by national central banks and statistical agencies.
Historical Context
This trend is monitored by international organizations, investors, and policymakers to gauge Slovakia's public sector financing and potential vulnerabilities.
Key Facts
- Slovakia's credit to government and state-owned enterprises was 10.7% of GDP in 2020.
- This indicator has remained below 15% of GDP since the early 2000s.
- Public sector credit levels are monitored for signs of fiscal strain or financial risks.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the amount of credit extended to the government and state-owned enterprises in Slovakia as a percentage of the country's GDP.
Q: Why is this trend relevant for users or analysts?
A: The level of public sector credit relative to GDP is an important metric for assessing a country's fiscal position and potential risks to financial system stability.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank based on information provided by Slovakia's central bank and statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers, international organizations, and investors monitor this indicator to gauge Slovakia's public sector financing and potential vulnerabilities.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so the most recent year may not be immediately available.
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Citation
U.S. Federal Reserve, Credit to Government and State-Owned Enterprises to GDP for Slovakia (DDEI08SKA156NWDB), retrieved from FRED.