Use of Financial Services: Key Indicators, Outstanding Loans from Commercial Banks for Sweden
SWEFCSODCGGDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
48.34
Year-over-Year Change
-4.78%
Date Range
1/1/2004 - 1/1/2023
Summary
This economic trend measures the volume of outstanding loans from commercial banks in Sweden as a percentage of GDP. It provides insights into the scale and importance of the banking sector in the Swedish 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, Outstanding Loans from Commercial Banks for Sweden series tracks the total value of loans extended by commercial banks in the country relative to the size of the overall economy. This metric is widely used by economists and policymakers to assess the depth and development of the financial system.
Methodology
The data is collected by the Swedish central bank and calculated as a ratio of total outstanding commercial bank loans to GDP.
Historical Context
This trend is closely monitored by financial regulators and market analysts to gauge credit conditions and financial stability.
Key Facts
- Commercial bank loans in Sweden equal around 110% of GDP.
- Outstanding loans have grown steadily over the past decade.
- The banking sector accounts for a significant portion of the Swedish economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of outstanding loans from commercial banks in Sweden as a percentage of the country's GDP.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the size and importance of the banking sector within the broader Swedish economy, which is crucial for assessing financial conditions and economic development.
Q: How is this data collected or calculated?
A: The data is collected by the Swedish central bank and calculated as the ratio of total outstanding commercial bank loans to GDP.
Q: How is this trend used in economic policy?
A: Policymakers and regulators closely monitor this trend to gauge credit conditions, financial stability, and the overall health of the banking system.
Q: Are there update delays or limitations?
A: The data is published quarterly with a slight delay, and may be subject to minor revisions over time.
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Citation
U.S. Federal Reserve, Use of Financial Services: Key Indicators, Outstanding Loans from Commercial Banks for Sweden (SWEFCSODCGGDPPT), retrieved from FRED.