Use of Financial Services, Assets: Outstanding Loans to Households at Other Financial Intermediaries for Maldives
MDVFCSMHXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,621,043,000.00
Year-over-Year Change
304.49%
Date Range
1/1/2007 - 1/1/2017
Summary
This economic trend measures the outstanding loans to households at other financial intermediaries in Maldives. It provides insights into the use of financial services and credit access for individuals in the Maldivian 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 Households at Other Financial Intermediaries for Maldives trend represents the total value of loans made by non-bank financial institutions to households in the country. This metric is used to analyze the depth and breadth of financial inclusion and access to credit for the general population.
Methodology
The data is collected through surveys and reports from financial institutions in Maldives.
Historical Context
This trend is relevant for policymakers and analysts evaluating financial sector development and household access to credit in the Maldivian economy.
Key Facts
- Maldives is an island nation in the Indian Ocean.
- The financial services sector is a key part of the Maldivian economy.
- Household access to credit is an important indicator of economic inclusion.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of outstanding loans made by non-bank financial institutions to households in Maldives.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the depth of financial inclusion and access to credit for individuals in the Maldivian economy, which is important for evaluating financial sector development.
Q: How is this data collected or calculated?
A: The data is collected through surveys and reports from financial institutions operating in Maldives.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess household access to credit and overall financial sector development in the Maldivian economy.
Q: Are there update delays or limitations?
A: The data may be subject to reporting lags by financial institutions in Maldives.
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Citation
U.S. Federal Reserve, Use of Financial Services, Assets: Outstanding Loans to Households at Other Financial Intermediaries for Maldives (MDVFCSMHXDC), retrieved from FRED.