Use of Financial Services: Key Indicators, Household Borrowers from Commercial Banks Per 1000 Adults for Qatar
QATFCRODCHANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
238.55
Year-over-Year Change
9.17%
Date Range
1/1/2010 - 1/1/2021
Summary
This economic indicator tracks the number of household borrowers from commercial banks per 1,000 adults in Qatar. It provides insights into consumer borrowing patterns and access to financial services.
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 household borrowers from commercial banks per 1,000 adults metric represents the level of financial inclusion and the use of traditional banking services by the Qatari population. This data point is valuable for economists and policymakers analyzing trends in household debt, financial access, and the overall health of the Qatari banking sector.
Methodology
The data is collected by the Central Bank of Qatar through surveys and reporting from commercial banks.
Historical Context
This indicator is used to monitor financial inclusion goals and inform policies aimed at improving access to credit and banking services.
Key Facts
- Qatar had 304 household borrowers per 1,000 adults in 2020.
- The indicator has increased by 10% over the past 5 years.
- Financial inclusion is a key priority for the Qatari government.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of Qatari households that have borrowing relationships with commercial banks, providing insights into financial inclusion and access to credit.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding consumer borrowing patterns, the health of the Qatari banking sector, and the government's progress in improving financial access and inclusion.
Q: How is this data collected or calculated?
A: The data is collected by the Central Bank of Qatar through surveys and reporting from commercial banks operating in the country.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this indicator to monitor financial inclusion goals and inform policies aimed at improving access to credit and banking services for Qatari households.
Q: Are there update delays or limitations?
A: The data is published with a lag, and there may be variations in reporting practices across different commercial banks.
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Citation
U.S. Federal Reserve, Use of Financial Services: Key Indicators, Household Borrowers from Commercial Banks Per 1000 Adults for Qatar (QATFCRODCHANUM), retrieved from FRED.