Use of Financial Services Borrowers: Persons Borrowing from Commercial Banks for Swaziland
SWZFCRODCPENUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
36,498.00
Year-over-Year Change
-44.94%
Date Range
1/1/2004 - 1/1/2023
Summary
This economic trend measures the number of persons borrowing from commercial banks in Swaziland. It provides insights into the utilization of financial services and access to credit in the Swazi 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 Borrowers: Persons Borrowing from Commercial Banks for Swaziland metric tracks the total number of individuals who have taken out loans or other credit products from commercial banking institutions in the country. This data point is used by economists and policymakers to assess financial inclusion and the level of private sector access to capital.
Methodology
The data is collected through surveys and reporting from commercial banks operating in Swaziland.
Historical Context
This trend offers valuable information for understanding economic development and credit market dynamics in Swaziland.
Key Facts
- Swaziland is a small landlocked country in Southern Africa.
- Commercial banks are a key source of credit for the Swazi private sector.
- Financial inclusion is a priority for economic growth in Swaziland.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals in Swaziland who have borrowed money from commercial banks, providing insights into financial services usage and access to credit in the country.
Q: Why is this trend relevant for users or analysts?
A: This data is important for understanding financial inclusion and credit market dynamics in the Swazi economy, which are key factors for economic development.
Q: How is this data collected or calculated?
A: The data is collected through surveys and reporting from commercial banks operating in Swaziland.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess financial sector development and inform policies aimed at increasing access to credit and expanding financial inclusion in Swaziland.
Q: Are there update delays or limitations?
A: There may be delays in data reporting from commercial banks, and the metric may not capture all informal lending activities in the Swazi economy.
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Citation
U.S. Federal Reserve, Use of Financial Services Borrowers: Persons Borrowing from Commercial Banks for Swaziland (SWZFCRODCPENUM), retrieved from FRED.