Total Credit to Households and NPISHs, Adjusted for Breaks, for Portugal
QPTHAM770A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
53.30
Year-over-Year Change
-19.24%
Date Range
10/1/1979 - 10/1/2024
Summary
This economic trend measures the total credit extended to households and non-profit institutions serving households (NPISHs) in Portugal, adjusted for statistical breaks. It provides insight into the overall credit conditions and financing environment for the Portuguese consumer sector.
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 households and NPISHs is an important indicator of consumer access to financing and reflects the broader credit conditions in the Portuguese economy. Analysts and policymakers use this data to assess household financial health, consumption patterns, and the transmission of monetary policy.
Methodology
The data is collected and reported quarterly by the Bank of Portugal.
Historical Context
This trend is closely monitored by the European Central Bank and Portuguese financial authorities for its implications on consumer spending, inflation, and financial stability.
Key Facts
- Credit to Portuguese households and NPISHs totaled €499 billion as of Q4 2022.
- This trend has grown at an average annual rate of 2.3% over the past 5 years.
- Credit-to-GDP ratio for the Portuguese household sector was 69.2% as of Q4 2022.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total amount of credit extended to households and non-profit institutions serving households (NPISHs) in Portugal, adjusted for statistical breaks over time.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the overall credit conditions and financing environment for the Portuguese consumer sector, which is closely watched by policymakers and economists for its implications on household spending, inflation, and financial stability.
Q: How is this data collected or calculated?
A: The data is collected and reported quarterly by the Bank of Portugal.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by the European Central Bank and Portuguese financial authorities as it reflects the transmission of monetary policy and can signal shifts in consumer behavior and financial health.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of approximately 3 months.
Related Trends
Unemployment to Population Rate: All Ages: All Persons for Portugal
LRUPTTTTPTQ156S
Infra-Annual Labor Statistics: Employment Total: 15 Years or over for Portugal
LFEMTTTTPTQ647S
Infra-Annual Labor Statistics: Labor Force Participation Rate Total: 15 Years or over for Portugal
LRACTTTTPTQ156S
Infra-Annual Labor Statistics: Working-Age Population Total: From 25 to 54 Years for Portugal
LFWA25TTPTA647N
National Accounts: GDP by Expenditure: Current Prices: Government Final Consumption Expenditure for Portugal
PRTGFCEQDSMEI
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels for Portugal
PRTCP040000CTGYM
Citation
U.S. Federal Reserve, Total Credit to Households and NPISHs, Adjusted for Breaks, for Portugal (QPTHAM770A), retrieved from FRED.