Total Credit to Households and NPISHs, Adjusted for Breaks, for Sweden
QSEHAM770A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
83.40
Year-over-Year Change
-10.61%
Date Range
10/1/1980 - 10/1/2024
Summary
This economic trend measures the total credit extended to households and non-profit institutions serving households (NPISHs) in Sweden, adjusted for statistical breaks. It is an important indicator of household debt levels and financial conditions.
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, Adjusted for Breaks, for Sweden metric provides insights into the overall debt and credit conditions of Swedish households. It is widely used by economists, policymakers, and financial analysts to assess household financial health and its implications for the broader economy.
Methodology
The data is collected and calculated by the Swedish central bank, Riksbanken, using various financial records and statistical adjustments.
Historical Context
This trend is closely monitored by the Riksbanken and other institutions to inform monetary and macroprudential policies aimed at ensuring financial stability.
Key Facts
- Total household credit in Sweden reached a record high in 2021.
- Sweden has one of the highest household debt-to-GDP ratios among OECD countries.
- Household debt levels are a key concern for the Riksbanken in its financial stability mandate.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total credit extended to households and non-profit institutions serving households (NPISHs) in Sweden, adjusted for statistical breaks.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the overall debt and credit conditions of Swedish households, which is a key indicator of financial stability and has implications for broader economic policy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Swedish central bank, Riksbanken, using various financial records and statistical adjustments.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by the Riksbanken and other institutions to inform monetary and macroprudential policies aimed at ensuring financial stability in Sweden.
Q: Are there update delays or limitations?
A: The data is subject to the reporting and publication schedules of the Riksbanken, which may result in occasional update delays. Additionally, the statistical adjustments used can introduce some limitations in interpretation.
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Citation
U.S. Federal Reserve, Total Credit to Households and NPISHs, Adjusted for Breaks, for Sweden (QSEHAM770A), retrieved from FRED.