Use of Financial Services Borrowers: Small and Medium Enterprises Borrowing from Commercial Banks for Kosovo
KOSFCRODCSPENUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
41,327.00
Year-over-Year Change
190.95%
Date Range
1/1/2004 - 1/1/2024
Summary
This economic trend measures the use of financial services by small and medium enterprises (SMEs) in Kosovo, specifically the amount borrowed from commercial banks. It provides insights into the financing patterns and access to credit for this key segment of the economy.
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 Borrowers: Small and Medium Enterprises Borrowing from Commercial Banks for Kosovo' series tracks the level of borrowing by SMEs from commercial banks in Kosovo. This data is important for understanding the financial health and growth potential of the SME sector, which is a vital contributor to economic development.
Methodology
The data is collected and reported by the Central Bank of Kosovo.
Historical Context
Policymakers and financial institutions use this trend to assess SME access to credit and inform policies aimed at supporting small business growth.
Key Facts
- SMEs account for over 80% of private sector employment in Kosovo.
- Access to credit is a top challenge cited by Kosovar small businesses.
- The government has initiatives to improve SME financing and financial inclusion.
FAQs
Q: What does this economic trend measure?
A: This trend measures the level of borrowing by small and medium enterprises (SMEs) from commercial banks in Kosovo.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the financial health and growth potential of the SME sector, which is a vital part of Kosovo's economy.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Central Bank of Kosovo.
Q: How is this trend used in economic policy?
A: Policymakers and financial institutions use this trend to assess SME access to credit and inform policies aimed at supporting small business growth.
Q: Are there update delays or limitations?
A: The data is published regularly by the Central Bank of Kosovo, but there may be some delays in reporting.
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Citation
U.S. Federal Reserve, Use of Financial Services Borrowers: Small and Medium Enterprises Borrowing from Commercial Banks for Kosovo (KOSFCRODCSPENUM), retrieved from FRED.