Use of Financial Services: Key Indicators, Small and Medium Enterprises (SME) Loan Accounts with Commercial Banks (% of Non-financial Corporation Depositors with Commercial Banks) for Romania
ROUFCNODCSPNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
92.57
Year-over-Year Change
-3.04%
Date Range
1/1/2008 - 1/1/2014
Summary
This economic trend tracks the percentage of non-financial corporation depositors with commercial banks in Romania that have small and medium enterprise (SME) loan accounts. It provides insight into the financial services usage by SMEs, a key segment of the Romanian 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
The Use of Financial Services: Key Indicators, SME Loan Accounts with Commercial Banks (% of Non-financial Corporation Depositors with Commercial Banks) for Romania measures the ratio of non-financial corporate depositors who have outstanding SME loans with commercial banks. This indicator reflects the level of SME access to commercial bank financing, a crucial factor for business growth and investment.
Methodology
The data is collected by the National Bank of Romania through its regular reporting on the Romanian banking sector.
Historical Context
This indicator is relevant for policymakers and analysts seeking to understand SME financing conditions and the development of the Romanian financial system.
Key Facts
- Romania has over 500,000 SMEs, accounting for 99.7% of all enterprises.
- SMEs contribute 56% of Romania's total value added and 66% of employment.
- Access to commercial bank financing is critical for SME growth and investment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of non-financial corporation depositors with commercial banks in Romania that have outstanding small and medium enterprise (SME) loan accounts.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the level of SME access to commercial bank financing, which is a crucial factor for business growth and investment in Romania.
Q: How is this data collected or calculated?
A: The data is collected by the National Bank of Romania through its regular reporting on the Romanian banking sector.
Q: How is this trend used in economic policy?
A: This indicator is relevant for policymakers and analysts seeking to understand SME financing conditions and the development of the Romanian financial system.
Q: Are there update delays or limitations?
A: The data is subject to the regular reporting schedule of the National Bank of Romania, so there may be update delays compared to real-time market conditions.
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Citation
U.S. Federal Reserve, Use of Financial Services: Key Indicators, Small and Medium Enterprises (SME) Loan Accounts with Commercial Banks (% of Non-financial Corporation Depositors with Commercial Banks) for Romania (ROUFCNODCSPNUM), retrieved from FRED.