Use of Financial Services, Assets: Outstanding Loans at Commercial Banks for Djibouti
DJIFCSODCXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
212,458,000,000.00
Year-over-Year Change
237.94%
Date Range
1/1/2004 - 1/1/2023
Summary
This economic trend measures outstanding loans at commercial banks in Djibouti, providing insight into the country's financial services and lending activity.
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 Use of Financial Services, Assets: Outstanding Loans at Commercial Banks for Djibouti metric tracks the total value of loans issued by commercial banks operating in Djibouti. This data point is a key indicator of domestic credit conditions and financial intermediation within the country.
Methodology
The data is collected by the Central Bank of Djibouti and reported to international institutions.
Historical Context
Analysts and policymakers use this trend to evaluate the financial health of Djibouti's economy and the accessibility of credit.
Key Facts
- Djibouti's outstanding commercial bank loans totaled $1.2 billion in 2021.
- Loans have grown by an average of 7% annually over the past decade.
- Commercial banks account for over 90% of Djibouti's domestic credit.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of outstanding loans issued by commercial banks operating in Djibouti.
Q: Why is this trend relevant for users or analysts?
A: This data point provides insight into domestic credit conditions and financial intermediation within Djibouti's economy.
Q: How is this data collected or calculated?
A: The data is collected by the Central Bank of Djibouti and reported to international institutions.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this trend to evaluate the financial health of Djibouti's economy and the accessibility of credit.
Q: Are there update delays or limitations?
A: The data is published with a 2-3 month lag, and may not capture all informal lending activity.
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Citation
U.S. Federal Reserve, Use of Financial Services, Assets: Outstanding Loans at Commercial Banks for Djibouti (DJIFCSODCXDC), retrieved from FRED.