Total Credit to Non-Financial Corporations, Adjusted for Breaks, for Hungary
QHUNAM770A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
72.80
Year-over-Year Change
-10.23%
Date Range
10/1/1970 - 10/1/2024
Summary
This economic trend measures the total amount of credit extended to non-financial corporations in Hungary, adjusted for statistical breaks. It provides insight into the financing conditions and credit access for businesses, which is a key indicator of economic activity and investment.
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 total credit to non-financial corporations metric tracks the outstanding loans and debt securities held by Hungarian companies, excluding the financial sector. It is a widely-used indicator of corporate financing and a proxy for the overall health of the business environment.
Methodology
The data is collected and compiled by the Bank for International Settlements (BIS) based on reports from national central banks.
Historical Context
This trend is closely monitored by policymakers, central banks, and economists to assess the flow of credit to the real economy and inform decisions around monetary and financial stability policies.
Key Facts
- Hungary's total corporate credit reached a record high in 2021.
- Credit growth slowed in 2022 amid rising interest rates.
- The manufacturing sector accounts for the largest share of corporate borrowing.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total amount of outstanding credit, including loans and debt securities, held by non-financial companies in Hungary.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the financing conditions and credit access for businesses, which is a key indicator of economic activity, investment, and financial stability.
Q: How is this data collected or calculated?
A: The data is collected and compiled by the Bank for International Settlements (BIS) based on reports from the Hungarian central bank.
Q: How is this trend used in economic policy?
A: Policymakers and central banks monitor this trend closely to assess the flow of credit to the real economy and inform decisions around monetary and financial stability policies.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of several months, so it may not reflect the most recent economic conditions.
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Citation
U.S. Federal Reserve, Total Credit to Non-Financial Corporations, Adjusted for Breaks, for Hungary (QHUNAM770A), retrieved from FRED.