Use of Financial Services, Assets: Outstanding Loans to Small and Medium Enterprises at Deposit Taking Microfinance Institutions (MFIs) for Madagascar
MDGFCSODMFSXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
61,474,610,400.00
Year-over-Year Change
22101.01%
Date Range
1/1/2004 - 1/1/2017
Summary
This economic trend tracks outstanding loans to small and medium enterprises (SMEs) at deposit-taking microfinance institutions (MFIs) in Madagascar. It provides insights into the accessibility of financial services for the country's small business sector.
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 Deposit Taking Microfinance Institutions (MFIs) for Madagascar series measures the total value of SME loans from Madagascan MFIs. It is used to assess the depth of financial inclusion and access to credit for the small business community.
Methodology
The data is collected by the Central Bank of Madagascar and published through the Federal Reserve Economic Data (FRED) portal.
Historical Context
Policymakers and analysts use this trend to evaluate the role of microfinance in supporting private sector development and financial inclusion in the Madagascan economy.
Key Facts
- Madagascar has a large informal economy.
- Microfinance is a key source of credit for Madagascan SMEs.
- This trend provides insight into financial access for small businesses.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total outstanding loans provided by deposit-taking microfinance institutions (MFIs) to small and medium enterprises (SMEs) in Madagascar.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the depth of financial inclusion and access to credit for small businesses in the Madagascan economy, which is important for evaluating private sector development.
Q: How is this data collected or calculated?
A: The data is collected by the Central Bank of Madagascar and published through the Federal Reserve Economic Data (FRED) portal.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the role of microfinance in supporting financial inclusion and small business growth in Madagascar.
Q: Are there update delays or limitations?
A: The data is published regularly by the Central Bank of Madagascar, but there may be delays in reporting or gaps in coverage.
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Citation
U.S. Federal Reserve, Use of Financial Services, Assets: Outstanding Loans to Small and Medium Enterprises at Deposit Taking Microfinance Institutions (MFIs) for Madagascar (MDGFCSODMFSXDC), retrieved from FRED.