Use of Financial Services: Key Indicators, Borrowers from Commercial Banks Per 1000 Adults for Kosovo
KOSFCRODCANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
203.04
Year-over-Year Change
119.71%
Date Range
1/1/2004 - 1/1/2023
Summary
This economic trend measures the number of borrowers from commercial banks per 1,000 adults in Kosovo. It provides insights into financial inclusion and the utilization of banking services by the population.
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 'Borrowers from Commercial Banks Per 1,000 Adults' metric tracks the access and usage of formal credit in Kosovo. It is an important indicator of financial development and the degree to which the adult population is integrated into the formal banking system.
Methodology
The data is collected and calculated by the World Bank using national household survey and administrative data.
Historical Context
This trend is closely monitored by policymakers and analysts to assess financial inclusion and the effectiveness of efforts to expand access to credit and banking services.
Key Facts
- Kosovo had 344 borrowers from commercial banks per 1,000 adults in 2017.
- The trend has increased from 299 borrowers per 1,000 adults in 2011.
- Improving financial inclusion is a key priority for Kosovo's economic development.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of borrowers from commercial banks per 1,000 adults in Kosovo. It provides insights into financial inclusion and the use of formal banking services.
Q: Why is this trend relevant for users or analysts?
A: This trend is an important indicator of financial development and the degree to which the adult population in Kosovo has access to and utilizes formal credit and banking services.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using national household survey and administrative data.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers and analysts to assess financial inclusion and the effectiveness of efforts to expand access to credit and banking services in Kosovo.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not reflect the most recent developments in Kosovo's financial services sector.
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Citation
U.S. Federal Reserve, Use of Financial Services: Key Indicators, Borrowers from Commercial Banks Per 1000 Adults for Kosovo (KOSFCRODCANUM), retrieved from FRED.