Use of Financial Services, Assets: Outstanding Loans to Households at Commercial Banks for Namibia
NAMFCSODCHXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
38,369,616,168.63
Year-over-Year Change
78.42%
Date Range
1/1/2004 - 1/1/2023
Summary
This economic trend measures the outstanding loans to households at commercial banks in Namibia, providing insights into the country's financial services and household debt levels.
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 Commercial Banks for Namibia trend represents the total value of loans extended by commercial banks to individual households in the country. This metric is closely monitored by economists and policymakers to understand household borrowing patterns and the overall health of the financial sector.
Methodology
The data is collected and reported by the Namibian central bank.
Historical Context
This trend is used to inform economic policy decisions and assess the stability of the Namibian financial system.
Key Facts
- Namibia's outstanding household loans at commercial banks reached a high of $X in [YEAR].
- The trend has shown a [INCREASE/DECREASE] of Y% over the past Z years.
- Household debt levels are a key indicator of Namibia's financial stability and consumer confidence.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of outstanding loans made by commercial banks to individual households in Namibia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into household borrowing patterns and the overall health of Namibia's financial sector, which is crucial for economic policymakers and analysts.
Q: How is this data collected or calculated?
A: The data is collected and reported by the central bank of Namibia.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to monitor household debt levels, assess financial stability, and inform decisions related to monetary and fiscal policies in Namibia.
Q: Are there update delays or limitations?
A: The data is typically published with a [X-month] delay by the Namibian central bank. There may be occasional revisions to historical figures.
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Citation
U.S. Federal Reserve, Use of Financial Services, Assets: Outstanding Loans to Households at Commercial Banks for Namibia (NAMFCSODCHXDC), retrieved from FRED.