Use of Financial Services: Key Indicators, Outstanding Loans from Commercial Banks to Households for Croatia
HRVFCSODCHGGDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
218.58
Year-over-Year Change
-23.92%
Date Range
1/1/2004 - 1/1/2022
Summary
This trend measures the outstanding loans from commercial banks to households in Croatia as a percentage of GDP. It provides insights into household borrowing and financial services usage in the Croatian 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: Key Indicators, Outstanding Loans from Commercial Banks to Households for Croatia series tracks the value of outstanding loans from commercial banks to Croatian households, expressed as a percentage of the country's GDP. This metric is a key indicator of household access to and reliance on financial services.
Methodology
The data is collected directly from the Central Bank of Croatia and calculated as a ratio of outstanding loans to GDP.
Historical Context
This trend is used by economists and policymakers to assess the financial health and inclusion of Croatian households.
Key Facts
- Outstanding loans from Croatian commercial banks to households were 24.4% of GDP in 2021.
- Household debt levels in Croatia are lower than the Eurozone average.
- Croatia has been working to improve financial inclusion and access to credit.
FAQs
Q: What does this economic trend measure?
A: This trend measures the outstanding loans from commercial banks to households in Croatia, expressed as a percentage of the country's GDP.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into household borrowing and financial services usage in the Croatian economy, which is useful for economists and policymakers assessing financial health and inclusion.
Q: How is this data collected or calculated?
A: The data is collected directly from the Central Bank of Croatia and calculated as a ratio of outstanding loans to GDP.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to assess the financial health and inclusion of Croatian households, which informs decisions on financial regulations and access to credit.
Q: Are there update delays or limitations?
A: The data is published quarterly with a short delay, and may be subject to revisions by the source.
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Citation
U.S. Federal Reserve, Use of Financial Services: Key Indicators, Outstanding Loans from Commercial Banks to Households for Croatia (HRVFCSODCHGGDPPT), retrieved from FRED.