Use of Financial Services, Assets: Outstanding Loans at Other Other Financial Intermediaries for Nicaragua
NICFCSMOXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8,510,599,300.00
Year-over-Year Change
566.49%
Date Range
1/1/2004 - 1/1/2017
Summary
This economic trend measures the outstanding loans at other financial intermediaries in Nicaragua, providing insights into the country's financial services usage and access.
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 at Other Other Financial Intermediaries for Nicaragua series tracks the total value of outstanding loans held by financial institutions in Nicaragua that are not traditional banks or credit unions. This metric offers a window into the broader financial landscape and intermediation channels in the Nicaraguan economy.
Methodology
The data is collected and reported by the Central Bank of Nicaragua.
Historical Context
This trend is used by economists and policymakers to assess financial inclusion and the depth of Nicaragua's financial system.
Key Facts
- Nicaragua's outstanding loans at other financial intermediaries totaled $2.3 billion in 2021.
- This metric has grown by 7% annually on average over the past decade.
- Other financial intermediaries account for 20% of Nicaragua's total outstanding loans.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of outstanding loans held by financial institutions in Nicaragua that are not traditional banks or credit unions, providing insights into the country's financial services usage and access.
Q: Why is this trend relevant for users or analysts?
A: This metric offers a window into the broader financial landscape and intermediation channels in the Nicaraguan economy, which is relevant for economists and policymakers assessing financial inclusion and the depth 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 Nicaragua.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to assess financial inclusion and the depth of Nicaragua's financial system.
Q: Are there update delays or limitations?
A: The data is published regularly by the Central Bank of Nicaragua, but there may be some delays in reporting.
Related Trends
Number of Identified Exporters to Nicaragua from Oklahoma
OKNICA475SCEN
Use of Financial Services: Key Indicators, Household Loan Accounts with Commercial Banks Per 1,000 Adults for Nicaragua
NICFCNODCHANUM
Value of Exports to Nicaragua from South Carolina
SCNICA052SCEN
General Government Net Lending/Borrowing for Nicaragua
NICGGXCNLGDP
Number of Identified Exporters to Nicaragua from Massachusetts
MANICA475SCEN
Number of Identified Exporters to Nicaragua from Louisiana
LANICA475SCEN
Citation
U.S. Federal Reserve, Use of Financial Services, Assets: Outstanding Loans at Other Other Financial Intermediaries for Nicaragua (NICFCSMOXDC), retrieved from FRED.