Use of Financial Services, Assets: Outstanding Loans to Small and Medium Enterprises at Other Financial Intermediaries for Madagascar
MDGFCSMSXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
56,044,000,000.00
Year-over-Year Change
46681.30%
Date Range
1/1/2010 - 1/1/2017
Summary
This economic trend tracks the outstanding loans to small and medium enterprises (SMEs) at other financial intermediaries in Madagascar. It provides insight into the level of financial services and access to credit for SMEs, a crucial segment of the Malagasy 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, Assets: Outstanding Loans to Small and Medium Enterprises at Other Financial Intermediaries for Madagascar series measures the total value of outstanding loans provided by non-bank financial institutions to small and medium-sized enterprises in the country. This indicator offers a window into the availability of financing for a key driver of economic growth and development.
Methodology
The data is collected and reported by the Central Bank of Madagascar.
Historical Context
This metric is closely watched by policymakers and analysts to assess the health and inclusiveness of Madagascar's financial system.
Key Facts
- SMEs account for over 90% of businesses in Madagascar.
- Access to finance is a top constraint for Malagasy SMEs.
- Non-bank lenders are an important source of SME credit in Madagascar.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the total value of outstanding loans provided by non-bank financial institutions to small and medium-sized enterprises in Madagascar.
Q: Why is this trend relevant for users or analysts?
A: The availability of credit for SMEs is crucial for economic growth and development in Madagascar, so this metric offers insight into the health and inclusiveness of the country's financial system.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Central Bank of Madagascar.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this indicator to assess access to finance for a key segment of the Malagasy economy.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture all non-bank lending to SMEs in Madagascar.
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Citation
U.S. Federal Reserve, Use of Financial Services, Assets: Outstanding Loans to Small and Medium Enterprises at Other Financial Intermediaries for Madagascar (MDGFCSMSXDC), retrieved from FRED.