Use of Financial Services, Assets: Outstanding Loans to Households at Commercial Banks for Croatia

HRVFCSODCHXDC • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

147,299,370,603.13

Year-over-Year Change

15.80%

Date Range

1/1/2004 - 1/1/2022

Summary

This economic trend measures the outstanding loans to households at commercial banks in Croatia, providing insight into the use of financial services and household debt levels.

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 to Households at Commercial Banks for Croatia metric represents the total value of loans extended by commercial banks to Croatian households. This data point is a key indicator of household financial activity and can be used to analyze trends in consumer credit, household deleveraging, and the broader financial health of the Croatian economy.

Methodology

The data is collected and reported by the Croatian National Bank.

Historical Context

This metric is closely monitored by policymakers, financial institutions, and economists to assess the state of the Croatian consumer credit market and its implications for the broader economy.

Key Facts

  • Croatia's outstanding household loans at commercial banks totaled over $35 billion as of the latest data.
  • Household loans account for approximately 25% of Croatia's total bank assets.
  • The volume of outstanding household loans has grown by an average of 3% annually over the past 5 years.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total outstanding loans extended by commercial banks to households in Croatia, providing insight into consumer credit conditions and household financial activity.

Q: Why is this trend relevant for users or analysts?

A: This metric is a key indicator of the health of the Croatian consumer credit market and can be used to analyze household deleveraging, consumer spending patterns, and broader economic trends.

Q: How is this data collected or calculated?

A: The data is collected and reported by the Croatian National Bank, the country's central banking authority.

Q: How is this trend used in economic policy?

A: Policymakers, financial institutions, and economists closely monitor this metric to assess the state of the Croatian consumer credit market and its implications for the broader economy, informing policy decisions.

Q: Are there update delays or limitations?

A: The data is published on a monthly basis with a short lag, providing timely insight into the evolving state of the Croatian household credit market.

Related Trends

Citation

U.S. Federal Reserve, Use of Financial Services, Assets: Outstanding Loans to Households at Commercial Banks for Croatia (HRVFCSODCHXDC), retrieved from FRED.