Total Credit to Non-Financial Sector, Adjusted for Breaks, for Hungary
QHUCAMXDCA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
132,010.39
Year-over-Year Change
33.93%
Date Range
10/1/1969 - 10/1/2024
Summary
The 'Total Credit to Non-Financial Sector, Adjusted for Breaks, for Hungary' trend measures the total amount of credit extended to Hungary's non-financial sectors, adjusted for any structural breaks in the data. This provides valuable insights into the overall credit conditions and financial stability of the Hungarian 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
This economic indicator tracks the total stock of credit, including loans and debt securities, held by Hungary's non-financial sectors, such as households, non-financial corporations, and the government. It is an important measure of financial intermediation and can be used to assess the level of financial deepening in the economy.
Methodology
The data is collected and compiled by the Bank for International Settlements (BIS) based on information provided by the Central Bank of Hungary.
Historical Context
Policymakers and analysts use this trend to monitor the availability of credit and its potential impact on economic growth, inflation, and financial stability in Hungary.
Key Facts
- The series dates back to 1995.
- Credit to the non-financial sector represents over 150% of Hungary's GDP.
- Total credit growth has slowed since the 2008 financial crisis.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total amount of credit, including loans and debt securities, extended to Hungary's non-financial sectors, such as households, non-financial corporations, and the government.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into the overall credit conditions and financial stability of the Hungarian economy, which is crucial for policymakers, investors, and analysts to monitor.
Q: How is this data collected or calculated?
A: The data is collected and compiled by the Bank for International Settlements (BIS) based on information provided by the Central Bank of Hungary.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to monitor the availability of credit and its potential impact on economic growth, inflation, and financial stability in Hungary.
Q: Are there update delays or limitations?
A: The data is updated quarterly, and there may be some delays in the release of the most recent figures.
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Citation
U.S. Federal Reserve, Total Credit to Non-Financial Sector, Adjusted for Breaks, for Hungary (QHUCAMXDCA), retrieved from FRED.