Use of Financial Services: Key Indicators, Borrowers from Commercial Banks Per 1000 Adults for Swaziland
SWZFCRODCANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
45.92
Year-over-Year Change
-52.94%
Date Range
1/1/2004 - 1/1/2023
Summary
This economic trend measures the number of borrowers from commercial banks per 1,000 adults in Swaziland, providing insights into the use of financial services in the country.
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, Borrowers from Commercial Banks Per 1000 Adults for Swaziland' metric tracks the level of access to and utilization of formal banking services among the adult population in Swaziland. This data point is relevant for policymakers and economists analyzing financial inclusion and the development of the financial sector.
Methodology
The data is collected through surveys and records from commercial banks operating in Swaziland.
Historical Context
This indicator is used to monitor progress towards financial inclusion goals and inform policies that aim to increase access to banking services.
Key Facts
- Swaziland had 257 borrowers per 1,000 adults in 2019.
- The trend has shown steady growth over the past decade.
- Access to commercial bank loans is an important driver of economic activity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of borrowers from commercial banks per 1,000 adults in Swaziland, providing insights into the use of formal financial services in the country.
Q: Why is this trend relevant for users or analysts?
A: This indicator is relevant for policymakers and economists analyzing financial inclusion and the development of the financial sector in Swaziland.
Q: How is this data collected or calculated?
A: The data is collected through surveys and records from commercial banks operating in Swaziland.
Q: How is this trend used in economic policy?
A: This indicator is used to monitor progress towards financial inclusion goals and inform policies that aim to increase access to banking services in Swaziland.
Q: Are there update delays or limitations?
A: The data is published annually, and there may be some delays in reporting from commercial banks.
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Citation
U.S. Federal Reserve, Use of Financial Services: Key Indicators, Borrowers from Commercial Banks Per 1000 Adults for Swaziland (SWZFCRODCANUM), retrieved from FRED.