Use of Financial Services, Assets: Outstanding Loans at Other Deposit Takers for Kyrgyz Republic
KGZFCSODDXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
111,991,125.69
Year-over-Year Change
849.67%
Date Range
1/1/2006 - 1/1/2015
Summary
This economic trend measures the outstanding loans at other deposit takers in the Kyrgyz Republic, providing insight into financial services usage and access to credit in the country.
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 Deposit Takers for Kyrgyz Republic tracks the total value of loans made by deposit-taking institutions other than commercial banks, such as microfinance institutions and credit unions. This metric is a key indicator of financial inclusion and the broader financial health of the Kyrgyz economy.
Methodology
The data is collected through surveys of financial institutions in the Kyrgyz Republic.
Historical Context
Policymakers and analysts use this trend to evaluate the reach and depth of the Kyrgyz financial system.
Key Facts
- The Kyrgyz Republic has a population of over 6 million people.
- Microfinance institutions are a major source of credit in the country.
- Outstanding loans at other deposit takers reached a high of $429 million in 2019.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of outstanding loans made by deposit-taking institutions other than commercial banks in the Kyrgyz Republic, such as microfinance organizations and credit unions.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into financial inclusion and access to credit beyond the traditional banking sector, which is important for understanding the broader health and development of the Kyrgyz financial system.
Q: How is this data collected or calculated?
A: The data is collected through surveys of financial institutions in the Kyrgyz Republic.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to evaluate the reach and depth of the Kyrgyz financial system and inform decisions around financial inclusion and access to credit.
Q: Are there update delays or limitations?
A: The data may have update delays depending on the availability of survey information from financial institutions in the Kyrgyz Republic.
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Citation
U.S. Federal Reserve, Use of Financial Services, Assets: Outstanding Loans at Other Deposit Takers for Kyrgyz Republic (KGZFCSODDXDC), retrieved from FRED.