Use of Financial Services: Key Indicators, Loan Accounts with Commercial Banks Per 1,000 Adults for Kosovo
KOSFCNODCANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
328.15
Year-over-Year Change
111.44%
Date Range
1/1/2013 - 1/1/2023
Summary
This economic trend measures the number of loan accounts with commercial banks per 1,000 adults in Kosovo, providing insight into the use of financial services 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 loan accounts per capita indicator reflects the level of financial inclusion and the degree to which the adult population in Kosovo utilizes commercial banking services. This data point is valuable for policymakers and economists analyzing financial sector development and access to credit.
Methodology
The data is collected by the World Bank through national household surveys and banking sector reporting.
Historical Context
This indicator is widely used to assess financial inclusion and the depth of the banking system in Kosovo and other developing economies.
Key Facts
- Kosovo had 431 loan accounts per 1,000 adults in 2020.
- Financial inclusion has steadily improved in Kosovo over the past decade.
- Access to credit remains a challenge for many Kosovar households and businesses.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of loan accounts with commercial banks per 1,000 adults in Kosovo, providing insight into the use of financial services and access to credit in the country.
Q: Why is this trend relevant for users or analysts?
A: This indicator is valuable for policymakers and economists analyzing financial sector development and access to credit in Kosovo, as it reflects the level of financial inclusion and the degree to which the adult population utilizes commercial banking services.
Q: How is this data collected or calculated?
A: The data is collected by the World Bank through national household surveys and banking sector reporting.
Q: How is this trend used in economic policy?
A: This indicator is widely used to assess financial inclusion and the depth of the banking system in Kosovo and other developing economies, informing policy decisions aimed at improving access to financial services.
Q: Are there update delays or limitations?
A: The data is published annually, with a potential delay of up to two years in the most recent figures.
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Citation
U.S. Federal Reserve, Use of Financial Services: Key Indicators, Loan Accounts with Commercial Banks Per 1,000 Adults for Kosovo (KOSFCNODCANUM), retrieved from FRED.