Use of Financial Services, Assets: Outstanding Loans at Commercial Banks for Sweden

SWEFCSODCXDC • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

2,991,382,000,000.00

Year-over-Year Change

49.45%

Date Range

1/1/2004 - 1/1/2024

Summary

This economic trend measures the outstanding loans at commercial banks in Sweden, providing insights into the use of financial services and assets 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 Outstanding Loans at Commercial Banks for Sweden metric represents the total value of loans extended by commercial banks to individuals, businesses, and other entities within the Swedish financial system. This data point is a key indicator of credit and financial activity in the country.

Methodology

The data is collected and reported by the Swedish central bank, Riksbanken.

Historical Context

This trend is closely monitored by policymakers, economists, and financial analysts to assess the health and stability of the Swedish financial sector.

Key Facts

  • Sweden has a highly developed and stable financial sector.
  • Outstanding loans at commercial banks in Sweden have remained relatively steady in recent years.
  • The data is reported on a monthly basis by the Swedish central bank.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total value of outstanding loans at commercial banks in Sweden, providing insights into the use of financial services and assets in the Swedish economy.

Q: Why is this trend relevant for users or analysts?

A: This trend is a key indicator of credit and financial activity in Sweden, and is closely monitored by policymakers, economists, and financial analysts to assess the health and stability of the Swedish financial sector.

Q: How is this data collected or calculated?

A: The data is collected and reported by the Swedish central bank, Riksbanken.

Q: How is this trend used in economic policy?

A: This trend is used by policymakers, economists, and financial analysts to monitor the health and stability of the Swedish financial sector, and to inform economic and financial policy decisions.

Q: Are there update delays or limitations?

A: The data is reported on a monthly basis by the Swedish central bank, with minimal update delays.

Related Trends

Citation

U.S. Federal Reserve, Use of Financial Services, Assets: Outstanding Loans at Commercial Banks for Sweden (SWEFCSODCXDC), retrieved from FRED.