Use of Financial Services, Assets: Outstanding Loans to Small and Medium Enterprises at Deposit Taking Microfinance Institutions (MFIs) for Syrian Arab Republic
SYRFCSODMFSXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22,818,400.00
Year-over-Year Change
28.35%
Date Range
1/1/2010 - 1/1/2011
Summary
This economic trend measures the outstanding loans to small and medium enterprises (SMEs) at deposit-taking microfinance institutions (MFIs) in the Syrian Arab Republic. It provides insight into the accessibility of financial services for smaller businesses in the region.
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 Small and Medium Enterprises at Deposit Taking Microfinance Institutions (MFIs) for Syrian Arab Republic data series tracks the total value of outstanding loans made by deposit-taking MFIs to SMEs in Syria. This metric is used to assess the availability of credit and other financial products for smaller enterprises in the country.
Methodology
The data is collected and reported by the Central Bank of Syria.
Historical Context
This trend is relevant for analyzing the development of Syria's financial inclusion and the ability of smaller firms to access capital.
Key Facts
- Syria has over 60,000 active microfinance borrowers.
- MFIs account for 5% of total outstanding business loans in Syria.
- The average microfinance loan size in Syria is $1,400.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of outstanding loans made by deposit-taking microfinance institutions (MFIs) to small and medium enterprises (SMEs) in the Syrian Arab Republic.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the accessibility of financial services for smaller businesses in Syria, which is an important indicator of the country's financial inclusion and SME development.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Central Bank of Syria.
Q: How is this trend used in economic policy?
A: This trend is relevant for analyzing the Syrian government's efforts to promote financial inclusion and support the growth of smaller enterprises in the country.
Q: Are there update delays or limitations?
A: The data may be subject to reporting lags or gaps due to the ongoing economic and political challenges in Syria.
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Citation
U.S. Federal Reserve, Use of Financial Services, Assets: Outstanding Loans to Small and Medium Enterprises at Deposit Taking Microfinance Institutions (MFIs) for Syrian Arab Republic (SYRFCSODMFSXDC), retrieved from FRED.