Use of Financial Services, Assets: Outstanding Loans at Other Financial Intermediaries for Guinea
GINFCSMXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12,315,000,000.00
Year-over-Year Change
649.09%
Date Range
1/1/2004 - 1/1/2017
Summary
This economic trend measures outstanding loans at other financial intermediaries in Guinea. It provides insights into the use of financial services and the availability of credit in the Guinean 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 Use of Financial Services, Assets: Outstanding Loans at Other Financial Intermediaries for Guinea trend represents the total value of outstanding loans made by non-bank financial institutions, such as insurance companies and investment funds, to businesses and individuals in Guinea. This data point is used by economists and policymakers to analyze the depth and accessibility of the Guinean financial system.
Methodology
The data is collected through surveys and reports from financial institutions operating in Guinea.
Historical Context
This trend is relevant for understanding the financing conditions and credit environment in the Guinean market.
Key Facts
- Outstanding loans at other financial intermediaries in Guinea totaled $XX billion in 2022.
- Loans from non-bank institutions account for XX% of total financial intermediation in Guinea.
- The trend has shown a XX% increase in outstanding loans over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of outstanding loans made by non-bank financial institutions, such as insurance companies and investment funds, to businesses and individuals in Guinea.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the depth and accessibility of the Guinean financial system, which is important for understanding the credit environment and financing conditions in the country.
Q: How is this data collected or calculated?
A: The data is collected through surveys and reports from financial institutions operating in Guinea.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to analyze the financing landscape and credit availability in the Guinean market, which informs decisions on financial sector development and economic policies.
Q: Are there update delays or limitations?
A: The data may be subject to reporting lags, and the coverage of financial institutions included in the survey may not be comprehensive.
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Citation
U.S. Federal Reserve, Use of Financial Services, Assets: Outstanding Loans at Other Financial Intermediaries for Guinea (GINFCSMXDC), retrieved from FRED.