Use of Financial Services, Assets: Outstanding Loans to Households at Commercial Banks for Romania
ROUFCSODCHXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
189,416,000,000.00
Year-over-Year Change
78.35%
Date Range
1/1/2004 - 1/1/2024
Summary
This economic trend measures outstanding loans to households at commercial banks in Romania. It provides insight into the level of household borrowing and financial activity, which is a key indicator of economic 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 Use of Financial Services, Assets: Outstanding Loans to Households at Commercial Banks for Romania metric tracks the total value of loans extended by commercial banks to Romanian households. This data point offers analysts visibility into household credit conditions and consumer borrowing patterns.
Methodology
The data is collected directly from commercial banks operating in Romania and aggregated by the central bank.
Historical Context
Policymakers and economists use this trend to assess the financial health of Romanian households and the broader credit environment.
Key Facts
- Outstanding household loans in Romania were €44.5 billion as of Q4 2022.
- Loan growth has averaged 5.2% annually over the past 3 years.
- Household debt is equivalent to 25.7% of Romania's GDP.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total value of loans extended by commercial banks to households in Romania. It provides insight into household borrowing patterns and consumer credit conditions.
Q: Why is this trend relevant for users or analysts?
A: The level of household loans is a key indicator of consumer financial health and economic activity. Analysts use this data to assess credit conditions and make projections about Romania's economic trajectory.
Q: How is this data collected or calculated?
A: The data is collected directly from commercial banks operating in Romania and aggregated by the country's central bank.
Q: How is this trend used in economic policy?
A: Policymakers monitor this metric to understand household credit conditions and assess the effectiveness of monetary and fiscal policies aimed at supporting consumer spending and economic growth.
Q: Are there update delays or limitations?
A: The data is released quarterly with a lag of approximately 2-3 months. There may also be revisions to historical values as reporting practices evolve.
Related Trends
Use of Financial Services: Key Indicators, Borrowers from Commercial Banks Per 1000 Adults for Romania
ROUFCRODCANUM
Use of Financial Services Deposit Accounts: Life Insurance Accounts at Insurance Corporations for Romania
ROUFCAOFILPNUM
Use of Financial Services, Liabilities: Outstanding Deposits by Households at Credit Unions and Financial Cooperatives for Romania
ROUFCLODUHXDC
Net Issues of International Debt Securities for All Issuers, All Maturities, Residence of Issuer in Romania
IDSAMRINIRO
Harmonized Index of Consumer Prices: Services Related to Housing for Romania
SERVHOROM086NEST
Harmonized Index of Consumer Prices: Coffee, Tea and Cocoa for Romania
CP0121ROM086NEST
Citation
U.S. Federal Reserve, Use of Financial Services, Assets: Outstanding Loans to Households at Commercial Banks for Romania (ROUFCSODCHXDC), retrieved from FRED.