Use of Financial Services, Assets: Outstanding Loans at Commercial Banks for Kyrgyz Republic

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

Latest Value

257,781,750,289.41

Year-over-Year Change

725.77%

Date Range

1/1/2004 - 1/1/2023

Summary

This trend tracks the outstanding loans at commercial banks in the Kyrgyz Republic, a key indicator of financial services usage and economic 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, as measured by outstanding loans at commercial banks, provides insight into the level of economic development and access to credit in the Kyrgyz Republic. This metric is closely watched by policymakers and analysts to gauge the health of the financial sector and broader economy.

Methodology

The data is collected by the National Bank of the Kyrgyz Republic and reported to the Federal Reserve's FRED database.

Historical Context

Trends in outstanding loans are used to inform monetary and financial stability policies in the Kyrgyz Republic.

Key Facts

  • Kyrgyz Republic is a developing economy in Central Asia.
  • Commercial bank lending is a key source of financing for businesses and households.
  • Loan growth is closely monitored for signs of economic expansion or contraction.

FAQs

Q: What does this economic trend measure?

A: This trend tracks the total value of outstanding loans held by commercial banks in the Kyrgyz Republic, providing insight into the level of financial services usage and access to credit in the economy.

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

A: Trends in commercial bank lending are closely watched by policymakers, investors, and analysts as an indicator of economic health and financial sector development in the Kyrgyz Republic.

Q: How is this data collected or calculated?

A: The data is collected by the National Bank of the Kyrgyz Republic and reported to the U.S. Federal Reserve's FRED database.

Q: How is this trend used in economic policy?

A: Policymakers in the Kyrgyz Republic monitor loan growth trends to inform decisions on monetary policy, financial regulations, and measures to promote economic development and financial inclusion.

Q: Are there update delays or limitations?

A: The data is published with a lag, and may not capture the most recent economic conditions. Users should be aware of potential delays or gaps in reporting.

Related Trends

Citation

U.S. Federal Reserve, Use of Financial Services, Assets: Outstanding Loans at Commercial Banks for Kyrgyz Republic (KGZFCSODCXDC), retrieved from FRED.