Use of Financial Services: Key Indicators, Outstanding Loans from Commercial Banks for Malawi
MWIFCSODCGGDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.58
Year-over-Year Change
11.13%
Date Range
1/1/2004 - 1/1/2021
Summary
This economic trend measures the use of financial services in Malawi, specifically the outstanding loans from commercial banks as a percentage of Malawi's gross domestic product (GDP). It provides insights into the country's financial health and access to credit.
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: Key Indicators, Outstanding Loans from Commercial Banks for Malawi trend represents the level of commercial bank lending relative to the size of Malawi's economy. This metric is used by economists and policymakers to assess the depth and breadth of the country's financial system and its ability to support economic growth.
Methodology
The data is collected and calculated by the Central Bank of Malawi.
Historical Context
This trend is relevant for analyzing Malawi's financial sector development and its implications for economic policy and market conditions.
Key Facts
- Malawi's outstanding commercial bank loans were 25.7% of GDP in 2020.
- The trend has increased from 17.9% in 2010 to 25.7% in 2020.
- Malawi's financial sector is still developing compared to other African countries.
FAQs
Q: What does this economic trend measure?
A: This trend measures the outstanding loans from commercial banks in Malawi as a percentage of the country's gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the depth and breadth of Malawi's financial system and its ability to support economic growth, which is crucial for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Central Bank of Malawi.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to analyze Malawi's financial sector development and its implications for economic policy and market conditions.
Q: Are there update delays or limitations?
A: The data is published regularly by the Central Bank of Malawi, but there may be some delays in data availability.
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Citation
U.S. Federal Reserve, Use of Financial Services: Key Indicators, Outstanding Loans from Commercial Banks for Malawi (MWIFCSODCGGDPPT), retrieved from FRED.